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JANALAKSHMI SOCIAL SERVICES.
Michael and Susan Dell Foundation plans an incubatorThe incubator will look at earlystage companies that offer financial inclusion, digital empowerment, job creation and services in other suc...- Michael and Susan Dell Foundation earmarks $50 million for Indian startupsThe amount, which will be primarily used towards making direct investments in early-stage ventures, will be in addition to the impact inves...
- IFSC at GIFT City crosses $250-million business markThe $100 million was crossed in early February and in two months time, business transactions at IFSC have more than doubled.
- CDC Group invests Rs 330cr in Janalakshmi Financial ServicesThe capital will provide for the Tier II capital of the lender and help the newly selected small bank aspirant to roll out its services.
- Micro finance firms in India with banking license need to be careful as to not service the rich now: Muhammad YunusYunus said that unemployment is no longer a worry of the developing nations as countries like large chunk of youth in Italy and Greece too ...
- Microfinance companies may need Rs 2,000-crore in domestic equity to clear licence hurdlesLocal investors had never shown a keen interest in this sector all these years while foreign private equity players made a killing.
- Small finance bank licensees to raise close to Rs 2000 crore from local investorsLocal investors had never shown keen interest in this sector all these years while foreign private equity players made a killing.
- New Ezetap features to make banking easierOpening a bank account through Aadhaar, checking one’s bank balance, or transferring cash are a few of the things that the device can now o...
- Opportunity to reinvent approach to financial inclusion: Rajiv Lall, IDFCAs head of one of India’s top infrastructure development firms, Rajiv Lall, believes a banking licence will help the company’s s financial ...
- Private equity funds to buy stake in Janalakshmi Financial Services for Rs 350 croreA consortium of private equity (PE) funds will pick up a significant minority stake in Janalakshmi Financial Services for close to Rs 350 c...
- Gray Matters Capital invests in Unitus CapitalUnitus Capital has raised an undisclosed sum from a consortium of investors, led by social venture capital firm Gray Matters Capital.
- Top B-school grads from IIMs, XLRI now keen to work with microfinance companiesMicro-finance firms fit the bill and are entertaining resumes from the likes of IIMs and XLRI for internships and recruitments.
- Early stage venture investors pump in $200 million over 52 deals in IndiaEarly-stage investors have pumped in around $200 million (Rs 1060 crore) over 52 deals in India in the three months ending September 2012, ...
- Janalakshmi Financial raises Rs 80 cr in third round of fundingTwo global funds have invested Rs 22 cr and Rs 30 cr, with Vallabh Bhansali, co-founder of Enam Securities, joining as an individual invest...
- Lok Capital may exit Janalakshmi Financial ServicesLok 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...
- If markets don't work for everyone, we will be compromising the trajectory of India's growth: Ramesh Ramanathan, Chairman of Janalakshmi Social ServicesRamanathan, who is curating this series on making markets work for the poor, speaks to ET about the need for a sustained debate on whether ...
- Lok Capital closes second fund at $65 millionLok Capital closed its second fund, Lok Fund II, at $65 million, the Mumbai-based impact investment-focused venture capital fund announced ...
- India Emerging: The case for an equal marketFor India to fully measure up to its ideal, it is imperative that markets become truly accessible to the poor as entrepreneurs, workers and...
- Citi Venture Capital International invests in Janalakshmi Financial ServicesJanalakshmi Financial Services, a Bangalore-based urban microfinance institution has raised third round of funding to scale up its operatio...
- After Nano car, now nano homes for Rs 3-5 lakhFor Rs 3 lakh, you can get a 250-sqft home at an EMI of Rs 3,000, and a 400-sqft home for about Rs 5 lakh.
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