KT Advisors, CAM, Vertices, IC Universal lead on Fusion Microfinance 520 crore fund raise from Warburg

Bar & Bench December 7 2018
investment

Fusion Microfinance has raised ₹520 crore in a funding round led by Warburg Pincus, marking the US private equity firm’s first investment in India’s microfinance sector. Existing impact investor Creation Investments also took part in the round.

The latest round provided an exit to Fusion’s early investors—Belgium-based Incofin, the Norwegian Microfinance Initiative, Small Industries Development Bank of India and Belgian Investment Company for Developing Countries, reported Mint.

KT Advisors represented Fusion Microfinance with a team led by Managing Partner, Kalpataru Tripathy.

Cyril Amarchand Mangaldas . . .

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