September 2022

Gujarat-based NBFC Light Microfinance has secured ₹196 crore in its Series B funding led by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. All three of the company’s existing investors, Nordic Microfinance Initiative (NMI), Triple Jump …

Micro lender Light Microfinance has raised USD 24.5 million (about Rs 196 crore) from the UK’s impact investor BII and existing equity partners to finance its expansion into northern and eastern regions of the country.

Light Microfinance has raised Rs 196 crore ($24.1 million) in a Series B funding round, the company said in a statement on Thursday. The funding was led by British International Investment (BII), UK’s Development Finance Institution (DFI) and Impact investor. …

British International Investment, the development financial institution of the UK government, will be investing $9.2 million in the NBFC-MFI. In parallel, NMI will raise its holding by another $7.9 million investment while Triple Jump will put in $5.4 million and …

Light Microfinance announced that it has bagged Rs 196 crore in a Series B funding round. British International, UK’s Development Finance Institution (DFI) and Impact investor. The company’s existing investors, Nordic Microfinance Initiative (NMI), Triple Jump BV and Incofin IM …

This is the company's series B funding led by British International Investment (BII) and existing investors Nordic Microfinance Initiative (NMI), Triple Jump BV and Incofin IM. Micro lender Light Microfinance has raised USD 24.5 million (about Rs 196 crore) from …

Light Microfinance was founded in 2009 and is headquartered in Ahmedabad and has operations across Gujarat, Rajasthan, Madhya Pradesh and Haryana. The funding was led by British International Investment (BII), UK’s Development Finance Institution (DFI) and Impact investor. The company’s …