Unitus Arranges Rs 7 crore ($1.5 million) Debt for Partner Mimo Finance Unitus arranges Rs 7 crore ($1.5 million) of debt funding from $15 million Unitus, Opic & Citi credit facility that finalized March 2010 From Financial Chronicle, Mimo raises Rs 7 crore debt, by Sanjay Vijay Kumar. “Delhi-based non-banking finance company Mimoza Enterprises Finance (Mimo) has… Read more >
Tag: fundraise
Grameen Koota Listed NCD through FII Route
January 22, 2010 – Press Release, Unitus Capital
Grameen Financial Services raises Rs. 20 crore of NCDs through FII route Bangalore, January 22, 2010: Grameen Financial Services Private Limited (popularly known as Grameen Koota) has raised INR 20 crore (approximately USD 4.27 MM) of debt capital through an issuance of secured, redeemable, nonconvertible debentures (NCDs) to MicroVest I, LP (MV I), a private… Read more >
Bandhan Raises Rs. 500 million of Equity
December 30, 2009 – Press Release, Unitus Capital
Bandhan raises Rs. 500 million of equity capital from Small Industries Development Bank of India (SIDBI) Bandhan Financial Services Private Limited (Bandhan), a pan-India microfinance institution headquartered in Kolkata, is pleased to announce the successful completion of its first major round of equity infusion of INR 500,000,000 (Rupees five hundred million – US$ 10.7mn approx),… Read more >
Saija Raises $500,000 of Equity
November 30, 2009 – Press Release, Unitus Capital
Saija Finance, a Microfinance Institution Headquartered in Bihar, India’s Poorest Region, Raise Equity Capital Saija Finance Private Ltd (Saija), a Bihar, India-based microfinance institution, is pleased to announce the successful completion of its first round of equity infusion of USD 500,000. ACCION Gateway Fund is the sole investor and Unitus Capital acted as the financial advisor.… Read more >
Grama Vidiyal Raises $4 million of Equity
June 16, 2009 – Press Release, Unitus Capital, Unitus Equity Fund
Grama Vidiyal raises over USD 4 million of equity capital, the first equity investment in India in 2009 Tamil Nadu, India-based microfinance institution successfully completes second round of equity infusion from MicroVest, Unitus Equity Fund I (UEFI) and Amar Foundation. Tamil Nadu, India June 16, 2009: Grama Vidiyal Microfinance Private Ltd (GVMFL) is pleased to… Read more >
Unitus Launches Financial Services Firm: Unitus Capital
July 24, 2008 – Press Release, Unitus Capital, Unitus Labs
Unitus Launches Financial Services Firm to Channel Capital to Social Entrepreneurs in Emerging Markets Unitus Capital Receives $5.5 Million in Initial Round of Seed Funding Bangalore, India and Seattle, Washington, July 24, 2008 – Unitus, Inc., today announced the launch of Unitus Capital, one of the first financial advisory firms designed to meet the investment… Read more >
Unitus to Receive $9 Million Grant From Omidyar Network
April 23, 2008 – Press Release, Unitus Labs
Omidyar Network and Unitus to Help Millions of the Working Poor Participate in the Global Economy $9 Million Grant is Omidyar’s Largest in Microfinance to Date San Francisco, CA and Seattle, WA, April 23, 2008 – Omidyar Network and Unitus are pleased to announce plans to dramatically expand the worldwide availability of financial services to… Read more >
Unitus Arranges Joint Microfinance Investment
May 2, 2007 – Press Release, Unitus Labs
Unitus Arranges Joint Microfinance Investment in Indonesia Collaboration between Unitus, The Dignity Fund and MicroCredit Enterprises allows MBK Ventura to access $1.2 million and impact 60,000 micro-entrepreneurs Redmond, WA—May 2, 2007— Unitus, Inc., a nonprofit organization delivering innovative solutions to global poverty, announced that it has arranged a $1.2 million loan for MBK Ventura, a… Read more >
UEF Closes Largest Private Global Equity Fund
March 26, 2007 – Press Release, Unitus Equity Fund, Unitus Labs
Unitus Equity Fund Closes Largest Private Global Equity Fund Targeting Microfinance Omidyar Network, Abacus Wealth Partners among lead investors in $23M Fund that aims to deliver financial and social returns Redmond, WA–March 26, 2007–The Unitus Equity Fund L.P. (UEF), an equity fund investing in microfinance institutions in Asia and Latin America, today announced that the… Read more >
Gates Foundation Awards Unitus $1.46 Million
May 22, 2006 – Press Release, Unitus Labs
Gates Foundation Awards Unitus $1.46 Million to Drive Innovations in Microfinance Efficiency Grant will help Unitus accelerate access to financial services for the world’s poor Redmond, WA–May 22, 2006–Unitus, a creator of innovative solutions to global poverty, announced today that it had received a $1.46 million grant from the Bill & Melinda Gates Foundation to… Read more >