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NORWEGIAN MICROFINANCE
Sindhuja Microcredit raises $14.5 m equity from Gawa Capital, OikocreditNoida-based Sindhuja Microcredit has secured $14.5 million from GAWA Capital and Oikocredit to expand operations by 50% in FY25 and enter n...- Norway’s NMI, Carpediem invest in Delhi-based Sindhuja MicrocreditSindhuja Microcredit has raised $4 million in Series A funding in March 2019 from Carpediem.
- Dvara KGFS raises Rs 70 crore from Nordic Microfinance InitiativeDvara KGFS is spread across 46 districts with 276 branches and more than 1 million enrolled customers.
- BASIX Sub-K raises Rs 350 million from Accion and Nordic Microfinance InitiativeFounded in 2010, Basix Sub-K iTransactions Ltd., is a associate company of BASIX Social Enterprise Group.
- Utkarsh Micro Finance raises Rs 150 crore via rights issuePost rights issue, CDC continued to be the largest shareholder with 14.14%.
- Utkarsh looks to raise Rs 125-150 crore from existing investorsWorld Bank's invest arm IFC sold a part of its holding in Utkarsh -- 4.9 per cent -- to Switzerland-based responsAbility Investments AG in ...
- Utkarsh Micro Finance plans to raise Rs 500 crore through private placementUtkarsh is among 10 entities that got the Reserve Bank of India's initial approval to set up small finance banks to serve the under-served.
- 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.
- Utkarsh raises $21 million from Lok Capital, Commonwealth Development CorporationVaranasi-based microfinance institution Utkarsh has raised $21 million (Rs 132 crore) in a fresh round of funding from Lok Capital and Comm...
- RGVN Microfinance raises about Rs 42 crore in fresh round of equity fundingThe latest round of equity funding also saw KS Norway and global co-operative and social investor Oikocredit participate in the transaction.
- 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.
- Small microfinance institutions expect turnaround on renewed investor interestThe first four months of the year have already seen a number of mid-sized micro-lenders raising new rounds of equity and debt financing.
- Utkarsh Micro Finance raises Rs 20 crore from existing backersVaranasi-based non-banking finance company will use the proceeds of the latest round of financiang to build up its presence in UP, Bihar.
- Norwegian Microfinance Initiative, IRIF invest Rs 25 crore in Fusion MicrofinanceNorwegian Microfinance Initiative, IRIF invest Rs 25 cr second round of fund raising by Fusion Microfinance Pvt Ltd.
- Muhammad Yunus challenges dismissal from microfinance bankNobel laureate Muhammad Yunus challenged the legality on Thursday of a Bangladeshi government order dismissing him as the head of the micro...
- Microfinance pioneer Yunus criticises Indian lendersBangladeshi microfinance pioneer Muhammad Yunus on Sunday attacked companies for "misusing and abusing" his original concept of helping poo...
- Grameen Bank's Yunus cleared in aid probeMicrofinance pioneer Grameen Bank on Wednesday welcomed a report by Norway that cleared its founder Muhammad Yunus of misusing aid money.
- Microfinance pioneer Yunus cleared in aid probeMicrofinance pioneer Grameen Bank on Wednesday welcomed a report by Norway that cleared its founder Muhammad Yunus of misusing aid money.
- Yunus' Grameen Bank exposed, Bangladesh govt orders probeMuhammad Yunus has been alleged of transferring nearly $100 mn originally meant for microcredit operations of his Grameen Bank to his anoth...
- Give 20% of Grameenphone IPO shares to bank borrowers:YunusGive 20% of Grameenphone IPO shares to bank borrowers:Yunus
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