Posts Tagged ‘Grameen Capital’

Swadhaar FinServe raises Rs. 27.5 cr equity for Microfinance Expansion

Microfinance Focus, July 10, 2010: Mumbai based microfinance institution, Swadhaar FinServe Pvt Ltd (Swadhaar) has recently announced an equity infusion of Rs. 27.5 crores from multiple investors. Its existing investors ACCION International, an Indian Family Trust, Unitus Equity Fund (managed by Elevar Equity), Michael & Susan Dell Foundation and the Promoter group also infused additional capital in this latest round of capital raising. MicroVest, a ... Full story

Microfinance News Synopsis: Sanjay Nayar joins the Board of Grameen Capital India

Microfinance Focus, June 30, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. Sanjay Nayar joins the Board of Grameen Capital India: Grameen Capital India, today said that it has appointed Sanjay Nayar as a Director on its Board. Sanjay Nayar is the CEO and Country Head for Kohlberg Kravis Roberts & Co (KKR) in India, ... Full story

Microfinance Needs Scalable and Sustainable Growth

Microfinance Focus, June 24, 2010: Concluding the Microfinance Cracking the Capital Market Conference in New Delhi, its organizers briefed the audience about the ideas that emerged from the conference. Monica Brand of ACCION said, “I think microfinance is in some senses is constrained by factors which made it a success. As equity investors we invest in people, and we look for social passion and the ... Full story

Janalakshmi microfinance NBFC raises $10 million in second round

Microfinance Focus, March 8, 2010: Bangalore-based Janalakshmi Microfinance NBFC has announced the closure of fundrasing for its Series B amounting to $10 million. The fund was subscribed by Treeline Asia Master Fund (Singapore), Bellwether Microfinance Fund, Narayan Ramachandran, former J.P. Morgan head in India have committed the required amount. Grameen Capital India has acted as the sole advisor to the deal. Janalakshmi is promoted by Ramesh ... Full story
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