Grameen Koota

Grameen Koota raises Rs.250 crore from CreditAccess Asia

Grameen Koota raises Rs.250 crore from CreditAccess Asia

New Delhi [India], Mar 30 : Grameen Koota Financial Services Private Limited (Grameen Koota) has raised Rs. 250 crore from its holding company, CreditAccess Asia (CAA), headquartered in Amsterdam, which is the leading multi-country Microfinance operator in India and South-East Asia. Part of the infusion, Rs.50 crore, will be provided in the form of equity and the remainder, Rs.200 crore will be provided in the form of Compulsory Convertible Debentures (CCDs).




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