We at Grameen Capital India are deeply saddened and shocked at the way Professor Yunus has been removed from his post as Managing Director of the Grameen Bank, which he founded over three decades ago. We stand behind him and the poor clients of the Grameen Bank - its 8.3 million poor, mostly female, borrower-owners. Please visit www.friendsofgrameen.com for more information.
BlueOrchard invests INR 45 Million in Svasti Microfinance
May 09, 2011Svasti Microfinance Private Limited ("Svasti"), a Mumbai-based start-up Microfinance company, has successfully closed its second round of equity funding at the end of March 2011. Through its subsidiary in Mauritius, BlueOrchard Private Equity Fund has invested Rs. 4.5 crores. Grameen Capital India acted as exclusive advisor to Svasti on this transaction.
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Grameen Foundation and Grameen Capital Facilitate $7MM in Funding for Cashpor Micro Credit
April 04, 2011Grameen Foundation and Grameen Capital India today announced that they have facilitated US$7 million (INR 315 million) in funding for Cashpor Micro Credit through a guarantee pool for socially-focused Indian microfinance institutions (MFIs). The financing from IndusInd Bank and another leading private sector bank in India was backed by US$980,000 in guarantees from Grameen Foundation and arranged by Grameen Capital India.
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Grameen Capital hosts Tele-Roundtable: Microfinance, Malegam and "Mission Millions" 
January 25, 2011
Grameen Capital hosts tele-roundtable to discuss the contents and impact of the recently released RBI Sub-Committee report on 'Issues and Concerns in the MFI Sector'.
Featured panellists include representatives from leading Indian MFIs as well as the lending and investing communities.
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Grameen announces $8MM guarantee facility for Indian MFIs
December 20, 2010Grameen Foundation and its affiliates, Grameen Capital India and Grameen-Jameel Microfinance Ltd., today announced a new initiative to address the liquidity needs of Indian microfinance institutions (MFIs) that demonstrate a double-bottom-line focus on social and financial returns.
Local bank financing has shrunk throughout India in the wake of events in Andhra Pradesh over the past three months, and this initiative seeks read more...
Mumbai-based Swadhaar Finserve raises INR 280 Million for expansion
July 08, 2010
Swadhaar FinServe Pvt Ltd (Swadhaar), a microfinance institution headquartered in Mumbai, has just announced an equity infusion of Rs. 27.5 crores from multiple investors. In the most recent capital raising round, existing investors ACCION International, an Indian Family Trust, Unitus Equity Fund (managed by Elevar Equity), Michael & Susan Dell Foundation and the Promoter group all infused additional capital. MicroVest, a US-based pioneer read more...
Sanjay Nayar joins the Board of Directors of Grameen Capital India
June 29, 2010
Grameen Capital India Ltd., an investment bank to microfinance institutions (MFIs) and other 'Base of the Pyramid' initiatives, has appointed Sanjay Nayar as a Director to the board of Grameen Capital India (Grameen Capital).
Sanjay Nayar is the CEO and Country Head for Kohlberg Kravis Roberts & Co (KKR) in India, the leading global alternative asset manager.
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Developing World Markets invests in SMILE Microfinance
March 16, 2010
S.M.I.L.E. Microfinance Limited (SMILE) recently agreed to an equity investment of Rs. 50 crores (~$10 million) from equity funds managed by Developing World Markets (DWM), a US based Social Investment fund manager. Grameen Capital India was the sole equity advisor to this transaction for SMILE.
Based in Chennai, S.M.I.L.E. Microfinance Limited is one of the oldest Microfinance Institutions working in the State of Tamil Nadu.
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Janalakshmi Financial Services closes Series B funding for expansion
March 07, 2010
Janalakshmi Financial Services, a Bangalore based NBFC Microfinance Institution (MFI) promoted by Ramesh Ramanathan, has announced the closure of its series B funding of $ 10 million. This round was led by Treeline Asia Master Fund (Singapore), a leading hedge fund based out of Hong Kong and Singapore. Bellwether Microfinance Fund, an existing investor in the company also participated in this round Narayan Ramachandran, who recently relinquished
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Grameen Capital arranges INR 750 Million transaction for Bandhan and IndusInd Bank
April 08, 2009
Bandhan, IndusInd Bank and Grameen Capital India confirmed today having recently completed a Rs. 75 crore portfolio assignment of microfinance receivables.
This transaction was structured and arranged by Grameen Capital India and comprised a pool of advances to the agricultural and allied sectors
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Ujjivan Raises INR 940 Million of Equity Capital
November 19, 2008
Ujjivan Financial Services is pleased to announce the successful completion of the fourth round of equity infusion. Originally planned for Rs.75 Crores, the equity round was over-subscribed and increased to Rs. 94 Crores. The incremental capital was largely subscribed by existing shareholders including Unitus Equity Fund (UEF) managed by Elevar Equity L.L.C., Bellwether Microfinance Fund, Michael & Susan Dell Foundation, A.W. Holdings
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IndusInd, Grameen Capital, SKS partner in Rs 100 crore deal
August 20, 2008
Three leading institutions, IndusInd Bank, Grameen Capital India and SKS Microfinance, today announced the closure of a Rs 100 crore closure assignment of microfinance receivables.
Grameen Capital structured and arranged the transaction, comprising a pool of advances to agriculture and allied sectors, a press release issued here
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Grameen forms investment bank for the poor
January 15, 2008
Mumbai: Capital flows should become more promising for smaller microfinance institutions (MFIs), now that they have an investment banker to bank on.
The Washington-based Grameen Foundation co-founded by Dr Muhammad Yunus, IFMR Trust and Citicorp Finance India have partnered to form an investment bank for the poor, called Grameen Capital India (GCI).
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Watch Professor Muhammad Yunus speaking on the launch of Grameen Capital »