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Understand, Learn, Improve
Workshop on Capital Structuring and Equity Raising in Microfinance
February 25-26, 2010 | Hyderabad
Register now for Intellecap’s 2-day participatory workshop on Captial Raising and Equity Structuring in Microfinance.
Course Faculty:
Vineet Rai- Co-Founder, Aavishkaar Goodwell and Intellecap
Anurag Agarwal- Investment, Valuation Expert and Sr.VP, Intellecap
Atreya Rayaprolu- Deal Expert and VP, Intellecap
Satish Pai- Valuation [...]
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Sequoia capital which already has investments in SKS and Ujjivan has now acquired a 10% stake in Equitas for 44 crore from one Kalpathi Suresh who is the founder of SSI Education. Kalpathi Suresh had invested Rs3.5 crore to acquire the 10% stake in Equitas in 2007-08 and it did not include any management rights [...]
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Infosys Technologies Ltd’s founder N.R. Narayana Murthy who has founded a Rs 600 crore venture capital fund by the name of Catamaran Investment Pvt. Ltd is likely to make its first investment in SKS Microfinance Ltd, SKS Microfinance will be the first Indian microfinance institution to hit the market with an initial public offering (IPO) [...]
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Grameen Financial Services Pvt Ltd (Grameen Koota) which is a Bangalore headquartered micro finance institution has raised Rs 20 crore from MicroVest I, LP (MV I), a US-based private equity fund. This deal is Microvest’s debut investment in India.
This is the second investment in Grameen Koota in the last two months.The fund is raised as [...]
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Aavishkaar Goodwell (“AG”), a specialized equity fund dedicated to supporting Indian MFIs, has recently concluded its equity investment in Shre Pathrakali Finance for a significant minority stake.
Shre Pathrakali Finance Co. Pvt Ltd (SPFCL) is a greenfield MFI operating under the brand name of “Utkarsh” that has commenced its micro-credit operations in September 2009 in Varanasi [...]
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HSBC along with Spandana and Micro Energy Credits has embarked on a project to provide clean energy alternatives to clients of Spandana, a Hyderabad based microfinance institution MFI.
MicroEnergy Credits is a US Based social enterprise and has worked with several MFIs globally to help them launch and scale clean energy programs. A grant from [...]
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Grameen Koota a microfinance institution headquartered at Bangalore and with operations in Karnataka has raised Rs 27.5 crore (Approximately US$ 5 Million)in capital from a Incofin,Microventures and Aavishkar Goodwell.
Grameen Koota is targeting to expand its reach to 20 lakh households across 7 Indian states including Madhya Pradesh, Tamil Nadu and Andhra Pradesh by 2012.
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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 [...]
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Accion has acquired a 49.5 % equity stake in Saija Microfinance for Rs 2.5 Crore(US $500,000).
Saija Finance Private Limited is a Non Banking Finance Company (NBFC) formed in April 2008 with a focus on providing microfinance services for the urban and rural poor, as well as micro and small businessmen in the underserved geographies of [...]
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A recent micro-loan securitisation, completed by IFMR Capital and Equitas Micro Finance, has enabled the first ever mutual fund investment into the Indian microfinance sector. The Rs. 480 million ($10.4 million) transaction is backed by over 55,000 micro-loans originated by Equitas Micro Finance, a Chennai-based microfinance institution with approximately 700,000 low-income clients. The transaction was [...]
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Belstar Investment and Finance is the microfinance arm of Hand in Hand, a non-governmental organisation.
Belstar Investment and Finance Pvt Ltd, a Chennai-based microfinance firm, is planning to raise a venture capital round of $3.6 million (Rs 17.5 crore).
The firm has started discussions with investors and International Finance Corp (IFC), the private investment arm of the [...]
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Rabo Equity Advisors, the Rabo Bank’s offshore private equity fund, is likely to sign a deal next week to buy nearly 20% stake in Rural Fairprice Wholesale, Future Group’s cash-and-carry entity for rural retailing and sourcing business, a person close to the deal said.
ET had reported about the possibility of such a deal in its [...]
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