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Grama Vidiyal Microfinance

gvmfl.com

Stage

Acquired | Acquired

About Grama Vidiyal Microfinance

Grama Vidiyal Microfinance is a microfinance institution providing general, seasonal, business and housing loans. In partnership with Activists for Social Alternatives (ASA), it has provided small loans to women without access to formal credit.

Headquarters Location

No.9, "Paripoorna Tower", Manoranjitham Street, Manoranjitham Street Annamalai Nagar

Tiruchirappalli, 620 018,

India

+91 431 2763752

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Latest Grama Vidiyal Microfinance News

IDFC Bank : Merger and Acquisition Round Up - July 11 to 15, 2016

Jul 16, 2016

to acquire 100% stake in Grama Vidiyal Microfinance IDFC Bank signed a share purchase agreement to acquire 100% of Grama Vidiyal Micro Finance Ltd , one of the largest microfinance institutions in the country. Upon completion of acquisition, Grama Vidiyal will be a wholly-owned subsidiary of IDFC Bank . Grama Vidiyal will act as a dedicated Business Correspondent of IDFC Bank , and will help deepen reach and widen the delivery mechanism for banking services. The move enables IDFC Bank to significantly enhance its network and reach and make basic banking services available to a large customer base. Domestic News unit in pact with Uspharma to acquire 12.5% stake Granules India Ltd announced that its wholly owned subsidiary Granules Pharmaceuticals, Inc. , (GPI} has entered into an agreement with USpharma, based in the USA , to acquire 12.5% of its stake. This investment will enable Granules to participate in product selection and have right of first refusal to market the select products which are under development by USpharma. USpharma is a development-stage pharmaceutical company specializing in research, development and manufacture of high entry-barrier generic pharmaceuticals, including controlled-release, controlled­ substance and patent-challenge products. redBus.in acquires a majority stake in Busportal IbiboGroup, India’s largest online travel company that owns properties such as Goibibo.com, redBus.in, Yourbus and ibibo Ryde has executed a binding agreement to acquire a majority stake in Peru -based bus ticketing platform Busportal (Empresa Digital Peruana S.A.C. ) for an undisclosed amount. Ibibo’s portfolio company redBus, is India’s largest bus ticketing platform. Besides Latin America , redBus has also launched operations in Malaysia

Grama Vidiyal Microfinance Frequently Asked Questions (FAQ)

  • Where is Grama Vidiyal Microfinance's headquarters?

    Grama Vidiyal Microfinance's headquarters is located at No.9, "Paripoorna Tower", Manoranjitham Street, Manoranjitham Street, Tiruchirappalli.

  • What is Grama Vidiyal Microfinance's latest funding round?

    Grama Vidiyal Microfinance's latest funding round is Acquired.

  • Who are the investors of Grama Vidiyal Microfinance?

    Investors of Grama Vidiyal Microfinance include IDFC Bank, WorldBusiness Capital and Unitus Equity Fund.

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