Sequoia Capital, a private equity fund founded in 1972 and based in California, will lead an USD 11.5mm investment into SKS (Swayam Krishi Sangam) Microfinance, a microfinance institution (MFI) based in India. Other stakeholders in the investment include Unitus, a USD 23mm US equity fund established in 2000 to provide funding and consultancy to MFI’s.
Continue reading “Sequoia Capital Leads USD 11.5mm Investment in SKS Microfinance based in India”
Similar Posts:
- MICROCAPITAL BRIEF: Semaai Raises Equity from Accion, XA Network, Beenext, Surge for Technology Supporting Farmers, Agricultural MSMEs in Indonesia
- MICROCAPITAL BRIEF: FMO Committing $30m to South Asia Growth Fund III to Support Equity Placements in Businesses Reducing Environmental Impacts, Mainly in India
- SPECIAL REPORT: Partner with Agents for Impact, and We’ll Drive Impact Together!
- MICROCAPITAL BRIEF: Abler Nordic Leads $10m Equity, Debt Investment Round for Ergos, Agtech Offering Crop Storage in India
- MICROFINANCE EVENT: Africa Fintech Summit (AFTS); November 2-3, 2023; Lusaka, Zambia
