Microfinance Private Equity

Bandhan Microfinance raises 50 Crore(US $10.7 million) from SIDBI

Bandhan Microfinance

Bandhan Microfinance

Bandhan Microfinance which has operations in more than 10 states and an outstanding portfolio of more 1000 crores.
has completed its first round of equity raising with an infusion of Rs 50-crore ($10.7 million) investment from Small Industries Development Bank of India (SIDBI).SIDBI is public sector bank and provides financial support of small and medium industries.

Bandhan was founded by Chandrasekhar Ghosh in 2001 and has it’s headquarters in Calcutta,West Bengal.

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