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New York-based Kora gets sharp haircut on exit from microfinance firm

Finance

16 September, 2020

New York-based Kora gets sharp haircut on exit from microfinance firm

US-based investment firm Kora Management, focussed on internet and financial services, has exited its maiden India bet on a listed...

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Annapurna Finance to raise funding as coronavirus roils MFIs

Finance

04 June, 2020

Annapurna Finance to raise funding as coronavirus roils MFIs

Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional...

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Small finance banks predict six-month recovery from corona, MSME loans to reel most

Finance

04 May, 2020

Small finance banks predict six-month recovery from corona, MSME loans to reel most

As the country relaxes the lockdown and permits agricultural, construction and industrial activity in rural red zones, small finance...

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India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade

Finance

14 April, 2020

India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade

Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days. Kumar had ......

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Satya MicroCapital raising fresh equity funding from global investor

Finance

06 April, 2020

Satya MicroCapital raising fresh equity funding from global investor

Satya MicroCapital Ltd is raising a large equity round of funding from a global investor, a top executive at the ......

Matt Damon's impact investing fund backs CreditAccess Grameen

Finance

13 March, 2020

Matt Damon's impact investing fund backs CreditAccess Grameen

WaterEquity, an impact investing fund manager co-founded by Oscar-winning actor Matt Damon, has made a debt investment in Indian...

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Northern Arc Investments exceeds target returns in maiden debt fund exit

Finance

05 February, 2020

Northern Arc Investments exceeds target returns in maiden debt fund exit

Northern Arc Investments, the alternative investment arm of Northern Arc Capital, has returned the money it had raised from limited...

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Village Financial seeks private growth capital after deferring IPO

Finance

14 January, 2020

Village Financial seeks private growth capital after deferring IPO

Microlender Village Financial Services Ltd is looking to raise private capital and convert to a small finance bank in a ......

Microlender ASA International gets debt capital from German impact investor

Finance

27 December, 2019

Microlender ASA International gets debt capital from German impact investor

ASA International India Microfinance Ltd (ASAI-India) has raised €10 million ($11.11 million or Rs 79.20 crore) in debt capital...

Aye Finance mops up fresh debt capital from impact investor BlueOrchard

Finance

26 December, 2019

Aye Finance mops up fresh debt capital from impact investor BlueOrchard

Fintech lender Aye Finance, backed by multi-stage investor SAIF Partners and Google’s venture capital arm CapitalG, has...

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