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SINDHUJA MICROCREDIT
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...
21 Feb, 2023, 08.30 AM IST
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...
16 Jun, 2022, 09.10 AM IST
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...
16 Jun, 2021, 07.45 AM IST
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...
04 Nov, 2020, 06.04 PM IST
Investors raise stakes in India's microfinance sector despite stress during lockdownThe capital infusion during lockdown is positive for the country's microfinance sector.
01 Jun, 2020, 09.14 PM IST
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 ...
01 Jun, 2020, 04.33 PM IST
Norway’s NMI, Carpediem invest in Delhi-based Sindhuja MicrocreditSindhuja Microcredit has raised $4 million in Series A funding in March 2019 from Carpediem.
11 May, 2020, 05.49 PM IST
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...
13 Apr, 2019, 02.34 PM IST