Bharat beckons lenders: Banks sets their eyes on small towns, villagesThings may be falling in place for small towns and villages which have been credit starved despite the lofty principles of making credit av...
19 Oct, 2016, 12.30 AM IST
Chennai-based Equitas Finance plans IPO, looks to raise up to Rs 1,500 croreThis will still be lower than the SKS Microfinance IPO in 2010 that raised Rs 1,654 crore.
16 Apr, 2015, 04.30 AM IST
Rohan Murty at Infosys: Steps into the company his father N R Narayana Murthy co-foundedNow set to assist the chairman of Infosys — with his father as boss — Rohan may be well on his way to collecting a few awards of his own.
03 Jun, 2013, 05.19 PM IST
- Janalakshmi Financial raises Rs 80 cr in third round of funding
Two global funds have invested Rs 22 cr and Rs 30 cr, with Vallabh Bhansali, co-founder of Enam Securities, joining as an individual invest...
16 Jul, 2012, 01.15 PM IST
- Ujjivan Financial Services in talks to raise $10 million from IFC
Ujjivan Financial Services, is in discussions to raise $10 million from the International Finance Corp, the private sector investment arm o...
07 May, 2012, 08.25 PM IST
- IFC mulls Rs 150 crore investment in Equitas, Ujjivan
International Finance Corp (IFC), the private equity arm of the World Bank, is mulling equity investments of Rs 150 crore in two Indian mic...
05 May, 2012, 05.03 PM IST
- Lok Capital may exit Janalakshmi Financial Services
Lok Capital invested 1.6 crore in March 2007 as series A investor. It sold 25% of its holding in June 2011 for 2.77 crore, with a return of...
18 Apr, 2012, 03.41 AM IST
Microfinance company Ujjivan's founder Samit Ghosh's MFI journeySamit Ghosh is a seasoned banker with about 30 years of experience in organisations such as Citibank, Standard Chartered, HDFC Bank and Ban...
13 Apr, 2012, 04.35 AM IST
- Early investors eye 6-fold gain from Ujjivan stake sale
Michael & Susan Dell Foundation and one other early investor in Ujjivan are in negotiations to sell their stakes in the urban microfinance ...
27 Mar, 2012, 01.20 AM IST
- Citi Venture Capital International invests in Janalakshmi Financial Services
Janalakshmi Financial Services, a Bangalore-based urban microfinance institution has raised third round of funding to scale up its operatio...
22 Jun, 2011, 03.58 PM IST
- MFIs face challenge of global meltdown
Financing for the poor is getting more frugal now with microfinance institutions facing the heat of the global financial meltdown.
30 Oct, 2008, 11.37 AM IST
- ALW private ltd. closes series B funding
A. Little. World. Private Limited ("ALW"), leveraging new generation technologies to enable financial inclusion at the bottom of the pyrami...
09 Sep, 2008, 04.27 PM IST
- Netherlands' FMO to set up SME fund
The Netherlands-based development finance agency, FMO, is looking at setting up an exclusive fund in India to finance family-promoted small...
01 Nov, 2007, 02.37 AM IST
- Small MFIs catch private equity investors' eye
With the top four microfinance institutions (MFIs) in India having received their share of investments, investors are slowly shifting their...
23 Oct, 2007, 02.40 AM IST
- IFMR Trust to float two funds to support start-ups and MFIs
The IFMR Trust, supported by a group of investors, including ICICI Bank, will be floating two funds- the Network Enterprise Fund, a $100 mi...
18 Oct, 2007, 08.46 PM IST
- Microfinance creates flutter among VCs
The venture capital (VC) fraternity is beginning to spot an opportunity at the bottom of the pyramid.
28 Aug, 2006, 04.22 AM IST
- ICICI joins hands with 3 VCs to fund microfinance institutions
ICICI Bank, the country’s largest private sector bank, has forged links with three venture capital funds to extend seed capital to start-up...
05 Jun, 2006, 12.19 AM IST