Mudra Bank, which is Narendra Modi government’s gift to Indian banking aiming to grow lending towards small businesses, has invested Rs 50 crore in a securitisation deal with Janalakshmi Financial Services helping the latter unlock capital. This marks MUDRA’s first ever participation …
Tag: Janalakshmi Financial Services
TPG leads $210-million funding in Janalakshmi Financial Services
TPG has led a $210-million (about Rs 1,400-crore) funding round in Janalakshmi Financial Services, as the global private equity major along with existing investors, double down on the country’s largest Microfinance Institution (MFI). The round, which has a mix of primary and secondary compo…