Equitas IPO Forges Path for Investing in Inclusive Finance
We kicked off the discussion of Indian microfinance IPOs with our post on the Center for Financial Inclusion (CFI) site about the IPO of Caspian investee Equitas Holdings Ltd., the holding firm for the fifth-largest microlender in India. This IPO was very successful, raising nearly US$235 million (Rs 1,525 crore) and paving the way for the very impressive domestic IPO of Ujjivan a few weeks later. Click here for the full post, and check back with us over the coming months as we continue to examine what these IPOs mean for the companies, the industry, and clients.