Incofin

Fusion microfinanceIncofin Investment Management a Belgium based fund has invested Rs 4.5 crore in Fusion Microfinance (http://fusionmicrofinance.com), a Delhi based microfinance startup which operates in north India. The company has been founded by Devesh Sachdev, Ashish Tewari and Ankur Singhal and started its operations only in January 2010. The microfinance institution recently acquired the microfinance division [...]

Related posts:

  1. Asmitha Microfinance raises Rs 50 Crore from Blue Orchard Private Equity
  2. Bhartiya Samruddhi Finance gets Rs 118 crore equity investment from Matrix Partners
  3. High Valuations deter Private Equity Investments in Indian Microfinance Sector
  4. Rabo Private Equity to invest in Future Groups Cash and Carry
  5. Interview with Bellweather Fund on Private Equity Acquisitions

Grameen Koota a microfinance institution headquartered at Bangalore and with operations in Karnataka has raised Rs 27.5 crore (Approximately US$ 5 Million)in capital from a Incofin,Microventures and Aavishkar Goodwell.
Grameen Koota is targeting to expand its reach to 20 lakh households across 7 Indian states including Madhya Pradesh, Tamil Nadu and Andhra Pradesh by 2012.

Related posts:Bhartiya [...]

Related posts:

  1. Bhartiya Samruddhi MFI raises $10M from Lok Capital, Aavishkar, SIDBI
  2. Grama Vidiyal Micro Finance Limited (GVMFL) raises $ 4.25 Million
  3. Grameen Trust and Fundacion Carlos Slim Launch the $45 Million Grameen Carso Microfinance Program
  4. Alibaba Group and Grameen Trust join to create Grameen China Microfinance
  5. Belgian firm Incofin acquires stake in Asomi Microfinance