Muthoot Microfin secures $15 million from Triple Jump, nears $35 million deal with BlueOrchardMuthoot Microfin has finalised a deal with Dutch development finance institution Triple Jump to raise $15 million in non-convertible debent...
27 Aug, 2024, 06.07 PM IST
December dip in online sales; insurtech firms chart fresh growth pathsAfter an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in today’s ETtech...
19 Jan, 2024, 07.45 AM IST
Satin Creditcare Network raises Rs 75 crore from impact investorsThe lender raised the fund at 11.8 per cent rate, payable semi-annually. It allotted the non-convertible debentures worth Rs 75 crore in fa...
08 Mar, 2022, 06.52 PM IST
Jagaran Microfin raises Rs 22 crore from BlueOrchard Finance through NCD issuanceThe funding was raised through the issuance of non-convertible debentures that were subscribed to by BlueOrchard from its Microfinance Init...
25 Feb, 2020, 05.00 PM IST
Aye Finance gets $8 million from global impact investment managerThe company plans to use a part of the funds to improve its technology stack for better data insights and the rest of it towards giving loa...
25 May, 2017, 08.36 AM IST
RGVN (North East) Microfinance raises Rs 49.26 cr via NCDsRGVN (North East) Microfinance Ltd today said it has raised Rs 49.26 crore from two foreign investors by issuing Non-Convertible Debentures.
03 Aug, 2015, 08.07 PM IST
Utkarsh Microfinance raises Rs 75.8 crore through NCDsUttar Pradesh-based Utkarsh Micro Finance has raised Rs 75.8 crore in debt funding from a consortium of financiers.
20 Dec, 2013, 07.57 PM IST
Satin Creditcare raises Rs 41 crore, sees Lok Capital exit the MFIMicrofinance institution Satin Creditcare has completed its latest round of equity financing, by raising Rs 41 crore from three impact inve...
05 Apr, 2013, 08.34 PM IST
- Private equity open taps for microfin again
Equity deals worth $62 mn took place in the last 3-4 mths as investors are lured by the growth prospect of the MFI business
29 Sep, 2011, 07.26 AM IST
- Social funds prop up cash-starved MFIs
MFIs are finding support from social & philanthropic funds. Sector's traditional sources of funding have dried up following accusations tha...
21 Jun, 2011, 09.36 AM IST
- MNCs find guaranteed way past MFI norms
Global investors in the microfinance sector constrained by the existing NBFC regulation have found an innovative way to get around these re...
24 Oct, 2007, 03.57 AM IST
- Blackstone, Carlyle eye microfinance firms
The quantum of investments may be upwards of $20 million. The target firms are not yet clear.
12 Oct, 2007, 12.00 AM IST
- Blackstone, Carlyle eye microfinance
The quantum of investments may be upwards of $20 mn. It is not yet clear in which of the organisations, will these companies be investing i...
11 Oct, 2007, 03.47 PM IST
- Foreign investors dial microfinance in India
About 15 international and national investors will set up shop at the conference to interact with the MFIs, scheduled next week.
05 Oct, 2007, 12.40 AM IST
- IFC, KfW forge microfinance deal for Asia
World Bank’s private sector arm, International Finance Corporation (IFC), has entered into a strategic partnership with the German developm...
17 Apr, 2007, 03.21 AM IST
- Global fin giants to go micro in India
Morgan Stanley and Blue Orchard Finance are in talks with RBI to foray into the local microfinance segment.
24 Mar, 2007, 03.21 AM IST