Ess Kay Fincorp raises Rs 150 crore in equity and bonds17 Jan, 2018, 08.48 PM IST
Former IFMR executives’ run Kaleidofin partners with SEWA BankKaleidofin and SEWA Bank have launched the application across the bank’s network of 6,00,000 active customers.
16 Jan, 2018, 04.10 PM IST
Marquee investors exit from Indian microfinance companiesAccording to IFMR Capital, the NBFCMFIs have raised equities worth Rs 2,300 crore in the past few months.
16 Oct, 2017, 09.47 AM IST
Management rejig at IFMR, two executives call it quitsIFMR CFO confirmed that he resigned from IFMR Capital, and was currently serving his notice period with the organisation. He, however, decl...
14 Jul, 2017, 08.48 AM IST
Loan pooling turning popular among NBFCsThese loans are bundled together and backed by a common guarantee provided by IFMR Capital.
07 Jul, 2017, 08.59 AM IST
Hinduja Leyland Finance buys Rs 107-crore worth loans from MFIsHinduja Leyland Finance has bought the pooled loan portfolios against the loan receivables of companies operating across segments such as m...
07 Jul, 2017, 02.01 AM IST
IFC plans to invest up to $25 million in LeapFrog's priority sector fundLeapFrog Emerging Consumer Fund III, a 10-year closed-end private equity fund that focus on the emerging consumer.
07 Apr, 2017, 12.46 AM IST
Birla Sun Life Mutual Fund and Ujjivan are in Rs 150-crore securitisation pactThe Ujjivan-Birla Sun Life deal took place in the last week of January, just a week before Ujjivan began operations as a small finance bank.
14 Feb, 2017, 09.34 PM IST
Only 6% of Indians adults have borrowed from formal institutions: Sucharita Mukherjee, IFMR HoldingsMukherjee says that pension penetration is estimated to be around 1% while savings penetration is at 7% for the poorest 40% of India.
01 Sep, 2016, 04.59 PM IST
IFMR Holdings raises growth capital from French capital firm ProparcoThe company had previously raised Rs 168 crores from Accion – a global non-profit and LeapFrog Investments and Lok Capital Fund II in Augus...
15 Mar, 2016, 12.36 PM IST
IFMR Holdings looking to raise $60 millionIFMR Holdings had in August 2015 said that it had raised $25 million or about 160 crore from Accion ($12.5 million), LeapFrog ($9 million) ...
25 Jan, 2016, 04.27 PM IST
IFMR Holdings raises Rs 163 crore from Accion, LeapFrog, Lok CapIFMR Holdings has raised $25 million (aboutRs 163 crore) from investment firms, the Chennai-based financial inclusion platform’s first roun...
14 Aug, 2015, 04.46 PM IST
IFMR Holdings raises $25 mn from Accion, LeapFrog & Lok CapitalIFMR Holdings said it has raised $25 million (about Rs 163 crore) in equity from Accion, LeapFrog Investments and Lok Capital.
13 Aug, 2015, 05.06 PM IST
- IFMR, HDFC Ergo redefine cattle insurance using RFID technology
IFMR, HDFC Ergo introduce livestock insurance with lower premium and health services using RFID technology.
02 Nov, 2009, 07.06 PM IST
- IFMR-CDF releases EEI index for TN districts
Nilgiris and Namakkal districts in Tamil Nadu have topped the over all ranking in the district level economic environment index (EEI) study...
22 Sep, 2009, 10.19 PM 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
- FIs invest Rs 80 cr in ICICI’s FINO
A clutch of financial institutions from India and overseas have invested Rs 80 crore in Financial Information Network and Operations (FINO)...
29 May, 2007, 03.04 AM IST