{"id":1358,"date":"2009-06-23T19:29:47","date_gmt":"2009-06-23T19:29:47","guid":{"rendered":"https:\/\/unituslabs.org\/?p=1358"},"modified":"2011-05-17T19:43:38","modified_gmt":"2011-05-17T19:43:38","slug":"tamil-nadu-mfi-gets-4-25m-from-microvest-uef-vinod-khosla","status":"publish","type":"post","link":"https:\/\/unituslabs.org\/updates\/tamil-nadu-mfi-gets-4-25m-from-microvest-uef-vinod-khosla\/","title":{"rendered":"Tamil Nadu MFI Gets $4.25M From MicroVest, UEF, Vinod Khosla"},"content":{"rendered":"<p>Grama Vidiyal Micro Finance Limited (GVMFL), a Tamil Nadu based microfinance institution, has raised $4.25 million from MicroVest\u00a0and its existing investor Unitus Equity Fund in its second round of fundraising. Vinod Khosla, who had also invested in the first round of funding of GVMFL, has invested in this round too, through his non profit private foundation, Amar Foundation.<\/p>\n<p>The company\u00a0will use the funds for meeting its expansion plans. A part of the funds will also be used to meet the enhanced capital adequacy norms set by the Reserve Bank of India (RBI). Unitus Capital was the advisor in the transaction.<\/p>\n<p><a href=\"http:\/\/www.vccircle.com\/500\/news\/tamil-nadu-mfi-gets-425m-from-microvest-uef-vinod-khosla\" target=\"_blank\">Read more ><\/a><\/p>\n<p><span class=\"tags\">Tags: <a href=\"https:\/\/unituslabs.org\/updates\/tag\/grama-vidiyal\/\" rel=\"tag\">Grama Vidiyal<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/india\/\" rel=\"tag\">india<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/invest\/\" rel=\"tag\">invest<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/microvest\/\" rel=\"tag\">Microvest<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/vinod-khosla\/\" rel=\"tag\">vinod khosla<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grama Vidiyal Micro Finance Limited (GVMFL), a Tamil Nadu based microfinance institution, has raised $4.25 million from MicroVest\u00a0and its existing investor Unitus Equity Fund in its second round of fundraising. Vinod Khosla, who had also invested in the first round of funding of GVMFL, has invested in this round too, through his non profit private&#8230; <a href=\"https:\/\/unituslabs.org\/updates\/tamil-nadu-mfi-gets-4-25m-from-microvest-uef-vinod-khosla\/\">Read more &gt;<\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_aioseop_title":"","_aioseop_description":"Grama Vidiyal Micro Finance Limited raised $4.25 million from MicroVest and its existing investor Unitus Equity Fund in its second fundraiser.","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[39,26,28,101,102],"_links":{"self":[{"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/posts\/1358"}],"collection":[{"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/comments?post=1358"}],"version-history":[{"count":0,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/posts\/1358\/revisions"}],"wp:attachment":[{"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/media?parent=1358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/categories?post=1358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/tags?post=1358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}