Press Releases

Sonata raises Rs. 35 crores of equity from Creation Investments

September 13, 2012 Press Releases

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SONATA Finance Pvt. Ltd., an Allahabad based NBFC Microfinance Institution, promoted by Anup Kumar  Singh, announced that it has closed its Series D equity raise of Rs.35 crore, led by Creation Investments, a leading global investment fund. The Michael & Susan Dell Foundation and Swaminathan Aiyar, two existing investors in the company and Anup Kumar Singh, the… Read more >

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Janalakshmi Financial Services closes Series C Equity Raise of Rs.145 Crores

July 16, 2012 Press Releases

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Janalakshmi Financial Services Pvt. Ltd., (Janalakshmi) a microfinance institution (NBFC-MFI) based in Bangalore and promoted by Ramesh Ramanathan, announced that it had closed its Series C equity raise of Rs 145 crore – of this, Rs 65 crore was raised in the first tranche in June 2011 and Rs 80 crore has been raised in… Read more >

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Grameen Koota Raises INR 25 Crores through Non-Convertible Debentures

June 20, 2012 Press Releases

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June 20, 2012: Bangalore-headquartered microfinance firm Grameen Financial Services Private Limited (GFSPL), popularly known as Grameen Koota has raised INR 25 Crores (USD 5 million) in debt funding through an issue of secured, redeemable, non-convertible debentures (NCDs). The NCDs, which are listed on the Bombay Stock Exchange, will be fully financed through funds advised by… Read more >

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Unitus Capital raises $5m for Forus Health

April 27, 2012 Press Releases

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Unitus Capital advises Forus Health on raising $5 million from Accel Partners & IDG Ventures in India Bangalore, April 26, 2012: Bangalore-based affordable medical technology and solutions company  Forus Health Pvt. Ltd.  (Forus) has successfully raised Series A funding of $5 million from two leading venture capital funds, Accel Partners and IDG Ventures India. Unitus… Read more >

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Unitus Seed Fund Launches In India With Three Seed Investments

February 6, 2012 Press Releases

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Unitus Labs, an international non-profit focused on reducing global poverty through economic self-empowerment, is launching today the Unitus Seed Fund, a new seed stage venture fund that invests in Indian startup businesses with potential for large-scale poverty impact.  Unitus Seed Fund is also announcing its first three investments in Indian startups Bodhicrew Services, Hippocampus Learning Centres, and… Read more >

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