Investments made by BII in this company:
Investment name | Commitment | Region | Sector | Start date | Status |
---|---|---|---|---|---|
Investment 01 | $16.16m | Financial services | December 2013 | Exited | |
Investment 02 | $5.95m | Financial services | November 2014 | Exited |
Equitas specialises in providing loans to small entrepreneurs. Based in Chennai, southern India, it lends money to three million microfinance customers in 616 locations across 12 Indian states.
It also offers lending for affordable housing and financing for commercial vehicles.
Since its creation in 2007, the company has become one of the leading microcredit businesses in India. It is publicly listed, and holds a small finance bank licence from the Reserve Bank of India.
Investment name | Commitment | Region | Sector | Start date | Status |
---|---|---|---|---|---|
Investment 01 | $16.16m | Financial services | December 2013 | Exited | |
Investment 02 | $5.95m | Financial services | November 2014 | Exited |