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SINDHUJA MICROCREDIT
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...- Abler Nordic leads $5 million infusion in Sindhuja MicrocreditSindhuja Microcredit has secured $5 million in fresh funding from overseas investors Abler Nordic, Gawa Capital, and Oikocredit. This capit...
- 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...
- Investors have committed Rs 450 crore for second fund: Carpediem CapitalThe home-grown private equity player has invested in two companies — Fornax and Sindhuja Microcredit — from the second fund, while Rs 380 c...
- NBFC-MFIs set to tap capital marketWhile one NBFC-MFI is looking to raise capital by way of the initial public offer, others will sell shares mostly on a private placement ba...
- Deregulation to push down lending rates for lowest bracket, microfinance may get the freedom to bloomDifferentiated lending rates and new product development is likely to drive India’s microfinance market going forward with the Reserve Bank...
- MFIs require about Rs 8,500-10,000 crore for keeping growth intact: ICRAICRA said the MFIs would need the capital for growing at a rate of 15-20% pa over the next three years and absorbing high levels of anticip...
- Investors raise stakes in India's microfinance sector despite stress during lockdownThe capital infusion during lockdown is positive for the country's microfinance sector.
- Satya MicroCapital, Sindhuja Microcredit raise Rs 170 crore from global investorsSatya MicroCapital started its operations in January 2017 and has a network of 150 branches in 22 states. It primarily caters to women who ...
- Norway’s NMI, Carpediem invest in Delhi-based Sindhuja MicrocreditSindhuja Microcredit has raised $4 million in Series A funding in March 2019 from Carpediem.
- Carpediem Capital invest Series-A $4 million funds in women-centric microfinance start-up –Sindhuja MicrocreditThe start-up focuses on rural region women entrepreneurs in India and currently, has 23 operational branches with over 28,977 active custom...
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