Warburg Pincus leads ₹520 crore funding in Fusion Microfinance2 min read . Updated: 05 Dec 2018, 11:03 AM IST
The investment supports Fusion Microfinance's endeavour to develop into one of India's most preferred companies in the financial inclusion space, says founder Devesh Sachdev
Mumbai: Fusion Microfinance Pvt. Ltd has raised ₹ 520 crore in a funding round led by Warburg Pincus LLC, 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 non-bank lender said in a statement on Tuesday.
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