Janalakshmi Financial Services raises Rs 1,030 cr equity from TPG, others

Janalakshmi Financial Services (JFS), Bengaluru-based microfinance company which will morph into a small finance bank (SFB), has raised new equity capital of Rs 1,030 crores. Private equity player TPG is leading the current round of equity funding by investing a significant amount. Other current investors participating in this round are Morgan Stanley Asia managed PE… Continue reading Janalakshmi Financial Services raises Rs 1,030 cr equity from TPG, others