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IFMR RURAL CHANNELS
Dvara KGFS gets Rs 97 cr in Series EThe round also saw participation from existing investors LeapFrog Investment and Dvara Trust. The company’s other major shareholder, Accion...- Dvara KGFS acquires Varam CapitalAccording to Dvara, Varam Capital’s presence in Chhattisgarh and products will enable the combined entity to have a bigger presence in the ...
- Dvara Trust appoints Samir Shah as Executive Vice-ChairHe said “This group has been the pioneer of financial inclusion in India and will see many more opportunities to grow and fulfill its missi...
- Fino PayTech has set a target of attaining an AUM of Rs 1000 crore through its own NBFCThe company which currently operates across 74 districts in the five states of Uttar Pradesh, Madhya Pradesh, Bihar, Maharashtra and Karnat...
- IndiaFirst Life ties up with IFMR rural channelsIFMR will be distributing IndiaFirst Simple Benefit Plan, a non-linked individual participating endowment Plan, from IndiaFirst Life Insura...
- 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) ...
- 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...
- MFIs on fund-raising spree as demand picks up, NCDs in June quarter raise Rs 800 croreIn the past one year, many micro finance institutions (MFIs) have seen rating upgrades by one or two notches to investment grades starting ...
- IIP not at vibrant pace but economy in Bharat seems to be picking upFund raising by lower rated micro finance cos have trebled in the June quarter to around Rs 800 cr as demand for funds in rural India has i...
- SMEs get a shot in the arm with loans from financial services companiesIn addition to helping launch new brands and categories online, the loans have helped cos buy more stock and increase sales on e-commerce m...
- Exploring feasibility of Nachiket Mor panel's road map for financial inclusion by 2016The entire notion of the last mile could change as the Mor panel sees a greater role for smaller intermediaries and telecom companies than ...
- Limited Partners begin to invest directly in companiesLPs, the main source of money for private equity and venture capital funds, are beginning to play a more proactive role in India as the mar...
- Social enterprises sector regains as investors shed cautious outlookWith microfinance limping back to normal, impact investments are also seeing a revival. Fund corpus and deal sizes are also expected to gro...
- Lok Capital, partner invest 26 crore in IFMR rural channelsMumbai-based Lok Capital and one of its limited partners have together invested $5 million ( 26 crore) in IFMR Rural Channels for an undisc...
- Nachiket Mor's MFI different from others: Ex-Starbucks executive, VP Deidra WagerWager was on the plane to India for the first time ever after failing to convince Mor that she knew nothing about financial services.
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