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Ujjivan raises $25.5 m in fifth round of equity funding

The Hindu Business Line
Our Bureau Share · print · T+ · T- With this round of equity funding, the last being in 2009, Ujjivan's capitalisation has more than doubled to Rs 230 crore. Bangalore Feb. 3: Ujjivan Financial Services, urban poor-focused microfinance institutions, has raised Rs 127.9 crore ($25.5 million) in its fifth round of equity funding. Two new foreign institutional investors FMO (Netherlands Development Finance Company) and WCP Mauritiu
Mentions: Reserve Bank of India Sequoia Capital India Kotak