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. …
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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 …
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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 …
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The RBI has done a good job in allowing the industry to grow on its own with minimal restrictions. It is only responsible that all stakeholders use this freedom to facilitate customer-centric growth By Rakesh Kumar
An ecommerce company from the Philippines tops the list, while Japan has the most growth champions this year Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with …
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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 …
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Leaving their daily chores, women of kaniyal in Gujarat's Kheda district were today stealing some time for themselves.
RBI guidelines reflect the changing dynamics of the microlending industry and the future of an India of empowered women. By Rakesh Kumar
Gujarat, a state in India, has developed a reputation for being the next significant centre for business initiatives. It is home to countless Indian millionaires and emerging as an entrepreneurial hotspot…. By Nikita Sharma
