December 2, 2019
Bamboo Capital Partners exits investment from Svasti Microfinance after growing its portfolio of borrowers over twenty times and number of employees over tenfold
Bamboo Capital Partners has successfully exited its stake in one of the leading microfinance institutions in India, Svasti Microfinance. Bamboo’s stake in Svasti will now be held by Nordic Microfinance Initiative, among other investors. Since Bamboo’s investment in 2011, Svasti Microfinance has serviced over 300,000 women customers across 57 branches in four Indian states. Bamboo helped grow Svasti’s portfolio of borrowers over twenty times and number of employees over tenfold since its investment in 2011.