Ujjivan Financial Services Ltd, the micro-lender which has won a provisional licence to convert itself to a small finance bank, has raised over Rs.300 crore from a clutch of investors in a private placement round ahead of its planned initial public offering (IPO). The funding values the firm at around Rs.2,150 crore, according to data from the firm’s filings with the registrar of companies on Tuesday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
