Ujjivan IPO News

Ujjivan Financial Services has announced that it’s IPO could soon hit the markets as the company seeks to list on the NSE and BSE. Ujjivan’s IPO would be the second one to hit the primary capital markets this year after Equitas Holdings announced the dates of its IPO yesterday. Unlike Equitas which is planning to … Continue reading “Ujjivan IPO News”

Ujjivan Financial Services

Ujjivan Financial Services Pvt Ltd (Ujjivan), set up by Mr. Samit Ghosh, is among the first few MFIs in the country to design and run urban microfinance programmes. The company has a strong and well-diversified board of directors comprising professionals with extensive industry experience.   Ujjivan Financial Services The company has been able to attract … Continue reading “Ujjivan Financial Services”

Top Microfinance Companies in India 2014 – 2015 List

After a gap of more than five years, CRISIL – India’s leading agency for microfinance ratings has released it’s updated list of the top microfinance companies in India titled “India’s 25 Leading MFI’s“ for the years 2014 – 2015. The previous ranking of Microfinance Institutions was released in 2009 and was titled India’s Top 50 Microfinance Institutions. CRISIL has been … Continue reading “Top Microfinance Companies in India 2014 – 2015 List”

Unitus Seed Fund invests in Bodhicrew, Hippocampus and Milaap Social Ventures

Unitus Labs, an international non-profit focused on reducing global poverty through economic self-empowerment, is launching today the Unitus Seed Fund (unitusseedfund.com), a new seed stage venture fund that invests in Indian startup businesses with potential for large-scale poverty impact. Unitus Seed Fund has also announced its first three investments in Indian startups Bodhicrew Services, Hippocampus … Continue reading “Unitus Seed Fund invests in Bodhicrew, Hippocampus and Milaap Social Ventures”

Microfinance India Awards 2011 Winners

Microfinance India Awards- 2011 were presented by ACCESS Development Services in association with HSBC at the 8th Annual Microfinance India Summit 2011. The eminent jury panel of Microfinance India Awards 2011 selected the winners on the basis of their performance in growth, social performance, innovation (process, product and technology) and promotion of responsible finance. The … Continue reading “Microfinance India Awards 2011 Winners”

Ujjivan financial services launches Mera Loan pilot

Ujjivan has launched a pilot of  “Mera Loan” using a revised group lending model. It is an adaptation of the Grameen-II model of 2001. The fundamental pillar in Micro-Loans – social pressure through group guarantee, turned out to be a huge burden on customers in the later years. Ujjivan’s study of distressed customers in higher … Continue reading “Ujjivan financial services launches Mera Loan pilot”

Industry optimistic on future of financial inclusion in India

Experts from the financial and digital sectors exhibited an optimistic outlook on the future of financial inclusion in India during the first day of the 4th Financial Inclusion and Digital Payment Conference, organized by IAMAI. The speakers were unanimous in acknowledging the viable impact of technology and digital payments to increasing financial inclusion in India, … Continue reading “Industry optimistic on future of financial inclusion in India”