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Grameen Koota Receives Rs 27.5 Crores in Second Funding Round
10 hours ago ago from FinSMEs
Grameen Koota, a division of Grameen Financial Services Pvt.Ltd., a Bangalore-based Microfinance Institution (MFI), announced that it has received over Rs 27.5 crores in a second round of funding. The investment was made by MicroVentures Investments (Luxembourg), MicroVentures SPA (Italy), Incofin (Belgium) and Aavishkar Goodwell (India). Grameen Koota, a Non-Banking Financial Company-Microfinance Institution, provides ...
Related contentGrameen Koota NBFC-Microfinance receives over 27.5 crore equity funding
21 hours ago ago from Microfinance News
Microfinance Focus , Dec. 09, 2009/Bangalore: Grameen Koota, a division of Grameen Financial Services P. Ltd., a Bangalore-based Microfinance Institution (MFI), today announced equity funding of Rs 27.5 crores( approx USD 6 mn) from MicroVentures Investments (Luxembourg), MicroVentures SPA (Italy), Incofin (Belgium) and Aavishkar Goodwell (India). Grameen Koota, an NBFC-MFI, works with poor and low-income households, providing financial ...
Related contentMFI Grameen Koota raises funds
16 hours ago ago from Research on India
@ VC Circle: Grameen Kota, a Bangalore-based microfinance institution an a subsidiary of Grameen Financial Services Pvt. Ltd, raised INR 275 mn from Luxembourg's MicroVentures Investments, Italy's MicroVentures SPA, Belgium-based Incofin and existing investor Aavishkar Goodwell. The company plans on expanding operations to 7 Indian states including Madhya Pradesh, Tamil Nadu and Andhra Pradesh by 2012. It plans on expanding its offerings ...
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