Lok Capital logs first close of its fourth fund at $90 millionChennai-based fund expects final close by Sept, 2023 at $150-200 million
11 Jan, 2023, 06.00 AM IST
16th IPL 2023 mini-auction: See who has been retained, released, or tradedIPL 2023: The trading window of IPL 2023 will be closed on November 15, 5 PM. All the 10 franchises are busy in rejigging their squad for t...
16 Nov, 2022, 11.58 AM IST
2017 separated the men from the boys. 2018 will be Startup Inc's time to reboot2017 saw tough times for Indian startups, calling for nuanced strategy and a patient approach. Here's an indication of how 2018 might shape...
04 Jan, 2018, 05.50 PM IST
MSME lender Veritas raises Rs 120-cr round led by UK govt’s CDC GroupThe CDC Group has committed to further invest Rs 35 crore separately in debt, taking the total fund raise by Veritas Finance to Rs 155 cror...
13 Dec, 2017, 12.53 PM IST
Dr Mohan’s raises Rs 66 crore from Lok Capital, EvolvenceThis is the first time in its 25 years of existence that Dr Mohan’s has reached out to private equity investors. The chain plans to have 10...
13 Apr, 2017, 02.24 PM IST
Five Star Business Credits raises Rs 114 crore from Morgan Stanley Private Equity AsiaFive Star’s typical clients include tea shop owners, vegetable vendors, small machine owners, provision stores, waste paper recycling units...
29 Jun, 2016, 02.20 AM IST
Lok Capital raises Rs 300 crore for new fund, targeting Rs 700 croreLok Capital expects to deploy the fund in next five years, targeting investments ranging from $2 million (Rs 13.4 crore) to $10 million (Rs...
17 Jun, 2016, 06.23 AM IST
Lok Capital to raise $100 million; to invest in health, agriculture companiesThe fund will be deployed in the next five years and will focus on growth stage investments in financial services, healthcare, agriculture ...
16 Jun, 2016, 11.15 PM IST
Veritas Finance raises Rs 30 crore from Sarva CapitalThe Chennai-based Veritas Finance today said it has raised Rs 30 crore from Sarva Capital in A series funding. The funding will help fuel t...
28 Mar, 2016, 07.31 PM IST
Suryoday Microfinance raises Rs 27 crore in fresh fundingIFC, the private investment arm of the World Bank, has invested about Rs 15 crore in the Navi Mumbai-based nonbanking financial company.
16 Jun, 2014, 10.22 AM IST
Lok Capital sells its stake and leaves RuralShores Business ServicesThe exit by Lok Capital has been made from its first fund, the $22 million (Rs 134.3 crore) Lok I, which invested in RuralShores across mul...
29 Apr, 2014, 10.37 AM IST
Lok Capital, Chennai Angels invest Rs 5.7 crore in Everest EdusysLok Capital is backing an education startup that is creating content aimed at helping children move from learning by rote to learning by ex...
25 Mar, 2014, 04.00 AM IST
Satin Creditcare raises Rs 41 crore, sees Lok Capital exit the MFIMicrofinance institution Satin Creditcare has completed its latest round of equity financing, by raising Rs 41 crore from three impact inve...
05 Apr, 2013, 08.34 PM IST
- Microfinance institutions struggle for funds as banks raise lending rates
MFI, especially small and mid-sized companies, are expected to struggle to get funds for lending even if the regulatory environment clears ...
29 Jun, 2012, 07.10 PM IST
- Lok Capital closes second fund at $65 million
Lok Capital closed its second fund, Lok Fund II, at $65 million, the Mumbai-based impact investment-focused venture capital fund announced ...
25 Jan, 2012, 03.23 PM IST
- CDC to invest $10 mn in Indian microfinance funds
CDC, which acts as a fund of funds and has been created to invest through fund managers in poor and emerging countries, will be an anchor i...
26 Oct, 2010, 04.11 AM IST
- UK's CDC commits $10 mn investment in Indian microfinance funds
CDC, UK govt’s development private investment arm, and the parent company of Actis, has committed another $10 mn investment in microfinance...
25 Oct, 2010, 10.01 PM IST