Search For "microfinance"
SATYA MicroCapital raises USD 15mn led by Japan based investor Gojo and Co
Updated : 1 day, 21 hours ago IST
New Delhi [India] June 24 (ANI/NewsVoir): Micro-finance firm SATYA MicroCapital Limited has recently raised fresh funding of worth USD 15mn led by its existing Japan-based investor-Gojo & Company Inc. The total amount of fiscal backing is constituted by USD 8mn being allocated to Debt an
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Angel Investors Fund Seed Round in Navanc for assessing property creditwor
Updated : 3 days, 3 hours ago IST
Bengaluru (Karnataka) [India], June 23 (ANI/NewsVoir): Navanc Data Sciences Pvt. Ltd. today announced closing of its seed round of funding of 300K USD which saw participation from leading angel investors including Kunal Shah, Founder of CRED and QED Innovation Labs LLP, Chattanathan D, Found
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Dhanvarsha Finvest Ltd's Loan book grows at CAGR of 184 per cent
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], May 4 (ANI/PNN): Dhanvarsha Finvest Ltd (BSE: 540268) has intimated the exchanges of a business update. The company's provisional loan book as on March 2022 stood at Rs 3050 Million, growing at a CAGR of 184 per cent growth in loan book driven by robust disburse
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Alternative Retail Investment Platform, IndiaP2P, delivers 17 per cent a y
Updated : 2 months ago IST
Pune (Maharashtra) [India], April 25 (ANI/NewsVoir): RBI-regulated, high-yield debt investment platform, IndiaP2P, announces quarterly results, delivering > 17 per cent apy returns. With IndiaP2P, startup veteran Neha Juneja, along with investment and fintech specialists Ravinder Voomidising
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Pahal Financial Services raises USD 10 Million in equity and debt capital
Updated : 2 months, 2 weeks ago IST
Ahmedabad (Gujarat) [India], April 13 (ANI/BusinessWire India): Ahmedabad-based Microfinance Institution, Pahal Financial Services Pvt Ltd recently closed a capital raise of USD 10 Mn (INR 75 Crs) through an equity round from Europe's impact investing firm, GAWA Capital (through its equity v
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ADB and HSBC set up $100 mn partial guarantee programme for microfinance i
Updated : 2 months, 3 weeks ago IST
New Delhi [India], March 31 (ANI): The Asian Development Bank (ADB) and HSBC India (HSBC) on Thursday signed an agreement to establish a $100 million partial guarantee programme to support more than 400,000 micro-borrowers and mostly women-run micro-enterprises across India.
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On 10th Anniversary, Simpragma Enters Insurance Segment with AIML Enabled
Updated : 4 months ago IST
Bengaluru (Karnataka) [India], February 24 (ANI/BusinessWire India): Simpragma, one of India's voice automation pioneers, is marking its tenth year with double celebrations. After several successful installations in the microfinance and lending verticals, the Bengaluru-based technology compa
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Assam Forest Minister Parimal Suklabaidya rolls out Assam Micro Finance In
Updated : 4 months, 3 weeks ago IST
Guwahati (Assam) [India], February 3 (ANI): Assam Environment and Forest Minister Parimal Suklabaidya gave away cheques as financial support to women borrowers who took loans from microfinance institutions in Assam's Hojai district on Thursday under Category 1 of Assam Micro Finance Incentiv
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Karunamoorthi Rajangam appointed as Vice President, Anicut Capital
Updated : 6 months, 1 week ago IST
Chennai (Tamil Nadu) [India], December 17 (ANI/NewsVoir): Anicut Capital, India's leading investment firm has recently announced the appointment of Karunamoorthi Rajangam as the Vice President.
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Kinara Capital secures INR 70 crores from Invest in Visions GmbH (IIV) Mic
Updated : 8 months ago IST
Frankfurt [Germany], October 29 (ANI/NewsVoir): Kinara Capital, a social impact fintech driving financial inclusion of India's small business entrepreneurs, today announced securing EUR 8 million (~INR 70 crores) from Invest in Visions GmbH (IIV), pioneers of microfinance investments in Germ
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New harmonisation proposals to create level playing field for NBFCs-MFIs:
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
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NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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