Posts Tagged ‘Suvidhaa’

IFC invests in Suvidhaa’s second round of funding

Microfinance Focus, Aug 19, 2010: International Finance Corporation (IFC), the financial arm of World Bank has invested in Suvidhaa’s Inforserve’s USD 7 million second round of funding. Global investors, Norwest Venture Partners (NVP) and Reliance Venture Asset Management Ltd. were the other two investors. Suvidhaa, a retail services aggregator, intends to use the new capital to further enhance its technology platform, broaden its portfolio of consumer ... Full story
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