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INDIA : Ujjivan Financial Services gets Rs 29 Crore financing
Publish Date : 27-Jan-2012
Ujjivan Financial Services has obtained a financing of Rs 29 Crore.
The company obtained this financing by offering NCDs to US based Developing World Markets.
In 2004, Ujjivan Financial Services was incorporated as NBFC. It offers loans to urban and semi-urban poor, as well as targets salaried and self-employed women. Ujjivan Financial Services’ private equity investors comprise Unitus Equity Fund (UEF), Bellwether Microfinance Fund, Michael & Susan Dell Foundation, A.W. Holdings, Sequoia Capital, Lok Capital, Elevar Equity, India Financial Inclusion Fund and SIDBI
