Microfinance firm Grameen Financial Services Private Limited (GFSPL), better known as Grameen Koota, has received Rs.50 crore through listed non-convertible debentures (NCDs) from Triodos Fair Share Fund and Triodos Microfinance funds managed by Triodos Investment Management.
Grameen Koota’s total NCD outstanding now stands at about Rs.131.90 crore.
Bangalore-based GFSPL began in the 1990s as an NGO and became a Non-Banking Financial Company (NBFC-MFI) under its present name.
Source: apnnews.com
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.