{"id":1371,"date":"2008-11-10T19:40:42","date_gmt":"2008-11-10T19:40:42","guid":{"rendered":"https:\/\/unituslabs.org\/?p=1371"},"modified":"2011-05-13T19:58:04","modified_gmt":"2011-05-13T19:58:04","slug":"sks-microfinance-raises-rs-366-cr-in-fourth-round","status":"publish","type":"post","link":"https:\/\/unituslabs.org\/updates\/sks-microfinance-raises-rs-366-cr-in-fourth-round\/","title":{"rendered":"SKS Microfinance Raises Rs 366 Cr In Fourth Round"},"content":{"rendered":"<p>In the largest microfinance deal in the world, Hyderabad based SKS Microfinance has raised Rs 366 crore or $75 million from private equity investors. This is fourth round of fund raising by SKS. Sandstone Capital, an India focused hedge fund with $1 billion capital under management, has led the deal, while the other investors in this round include SVB India Capital and Kismet Capital.<\/p>\n<p>This is the largest investment in a micro finance institution anywhere in the world, said SKS Microfinance founder CEO Vikram Akula. Since October last year the MFI has raised Rs 563 crore in three rounds of funding.<\/p>\n<p><span class=\"tags\">Tags: <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\/kismet-capital\/\" rel=\"tag\">Kismet Capital<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/sandstone-capital\/\" rel=\"tag\">Sandstone Capital<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/sks\/\" rel=\"tag\">SKS<\/a>, <a href=\"https:\/\/unituslabs.org\/updates\/tag\/svb-india\/\" rel=\"tag\">SVB India<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the largest microfinance deal in the world, Hyderabad based SKS Microfinance has raised Rs 366 crore or $75 million from private equity investors. This is fourth round of fund raising by SKS. Sandstone Capital, an India focused hedge fund with $1 billion capital under management, has led the deal, while the other investors in&#8230; <a href=\"https:\/\/unituslabs.org\/updates\/sks-microfinance-raises-rs-366-cr-in-fourth-round\/\">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":"In the largest microfinance deal ever, Hyderabad based SKS Microfinance has raised Rs 366 crore or $75 million from private equity investors.","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[26,28,104,103,69,98],"_links":{"self":[{"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/posts\/1371"}],"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=1371"}],"version-history":[{"count":0,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/posts\/1371\/revisions"}],"wp:attachment":[{"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/media?parent=1371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/categories?post=1371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unituslabs.org\/wp-json\/wp\/v2\/tags?post=1371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}