Janalakshmi MFI To Raise R50Cr, Lok Capital May Exit
by Charmi Gutka
@Janalakshmi_Financial Pvt Ltd is planning to raise upto R50Cr from PE investors. This deal will provide an exit route to @LokCapital_I, the Michael and Susan Dell Foundation and @Bellwether who funded the company when it was set up in 2007.
It also has plans to raise additional capital of R80Cr to R100Cr in 2012-13 in order to achieve its planned scale of business operations.
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