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Equitas files papers for IPO: Several PE, VC investors to exit – VC Circle

THURSDAY, OCTOBER 22, 2015 It is the fifth largest microfinance firm in the country Chennai-based microfinance firm Equitas Holdings Ltd has filed its draft herring prospectus with the capital markets regulator Securities and Exchange Board of India for its initial public offering (IPO). The proposed issue would make Equitas the second microfinance institution (MFI) to go …
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Grameen Koota raises $10 million USD (or 532 million INR) in its 3rd round of equity funding lead by Creation Investments

Grameen Koota raises $10 million USD (or 532 million INR) in its 3rd round of equity funding lead by Creation Investments February 27, 2013 – Bangalore, India: Grameen Financial Services Pvt Ltd (GFSPL), popularly know as Grameen Koota today announced its third round of equity funding of $10 million USD (or 532 million INR) lead …
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Impact Investing Creates Template for Responsible Capitalism

Posted: 02/14/2012 10:13 am  A microfinance lender in Tamil Nadu, a rice farm in Tanzania, a housing project in Chiapas and a rural development bank in Pakistan: all these projects are recipients of impact investment capital, committed to “doing good while doing well,” in one of the fastest growing investment trends of the past two …
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Under-banked willing to pay for BC services in India – MicroSave Report

Under-banked willing to pay for BC services – MicroSave Report Microfinance Focus, May 24, 2011: According to a recent study undertaken by MicroSave, there is a significant demand from under-banked clients for more convenient banking facilities and over 70 percent of the study respondents expressed their willingness to pay for Business Correspondent (BC) services. Sighting …