Utkarsh Micro Finance raises $3.6M from existing investors; promoters to put in more

By Bruhadeeswaran R

  • 08 Apr 2013
Premium

Varanasi-based Utkarsh Micro Finance Pvt Ltd has raised Rs 20 crore ($3.64 million) from existing investors Aavishkaar Goodwell, International Finance Corporation (IFC) and Norwegian Microfinance Initiative (NMI) in its third round of equity infusion.The MFI will use the funding to strengthen its presence in Uttar Pradesh, Bihar, Uttarakhand and Madhya ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.