Dvara KGFS has raised Rs. 70 crore from Nordic Microfinance Initiative (NMI) in the final phase to the Series E round of equity infusion, reported ET..Saraqua Legal acted as legal counsel to Dvara KGFS with a team led by Managing Partner, Priyanka Roy..VERTICES PARTNERS represented NMI, with a team led by Managing Partner, Vinayak Burman..Dvara KGFS has a presence in Tamil Nadu, Uttarakhand, Karnataka, Chhattisgarh, Odisha and Jharkhand. It is spread across 46 districts with 276 branches and more than 1 million enrolled customers..NMI is a public-private partnership owned by the Norwegian and Danish governmental funds for developing countries that invest in microfinance institutions in Asia and Africa.
Dvara KGFS has raised Rs. 70 crore from Nordic Microfinance Initiative (NMI) in the final phase to the Series E round of equity infusion, reported ET..Saraqua Legal acted as legal counsel to Dvara KGFS with a team led by Managing Partner, Priyanka Roy..VERTICES PARTNERS represented NMI, with a team led by Managing Partner, Vinayak Burman..Dvara KGFS has a presence in Tamil Nadu, Uttarakhand, Karnataka, Chhattisgarh, Odisha and Jharkhand. It is spread across 46 districts with 276 branches and more than 1 million enrolled customers..NMI is a public-private partnership owned by the Norwegian and Danish governmental funds for developing countries that invest in microfinance institutions in Asia and Africa.