The US-based Leapfrog Investment has bought a minority stake in financial services provider IFMR Capital Finance for Rs 174 crore. IFMR helps micro-finance firms, small businesses, affordable housing companies and commercial vehicle financiers raise money on the debt markets. IFMR will use the funds raised from Leapfrog to expand into other segments like agriculture and capital market access to SMEs, besides going deeper into its existing segments.
FlashNews:
India’s Aviation Minister Pushes Cost‑Effective SAF Rollout From 2027
Vedanta Uses 4 Billion Units of Clean Energy in FY2026, Cuts Emissions
Suzlon Starts FY2027 Strong with Record Q1 Deliveries, 23% Revenue Growth
India to Develop 44 Airports Under Hub‑and‑Spoke Plan, Civil Aviation Secretary Says
India’s Satellite Communications Push Gains Momentum Through Public‑Private Partnerships: Viasat
India Moves to Give Consumers Choice of Power Supplier Under New Licensing Plan
REC Declares First Interim Dividend as Q1 Profit Jumps 23%
India Nears Two Clean Energy Milestones as BRESE 2026 Set to Welcome Global Leaders to New Delhi
Location Intelligence: The Invisible Layer Powering India’s Digital Public Infrastructure
AI Data Centre Leaders Map India’s Infrastructure Roadmap
Welspun One Signs 15,232 Sq. Ft. with Aditya Birla’s Novel Jewels at WTC Thane
NHAI Launches Framework to Share Highway Data with IITs, NITs and CSIR‑CRRI
UDAN 2.0: Indian Aviation’s Next Act
The Apprenticeship Anchor
Managing India’s Data Centre Surge
Real-Time Public Works
Global Trade at Crossroads
From Cloud to Energy: India’s Geopolitical Stress Test
The Economics of Road Safety
Home » Leapfrog buys stake in IFMR
Leapfrog buys stake in IFMR
ECONOMY & POLICY
April 1, 2014April 1, 2014
Leave a Reply
You must be logged in to post a comment.