Private Equity

Liquidity Events

Norwegian Microfinance Initiative sells Satin Creditcare shares worth Rs.36-Cr; registers 1x return

Stock Exchange Data  

Norwegian Microfinance Initiative has sold shares of publicly listed Satin Creditcare Network fetching about INR 36 crore. Post the sale, the investor holds a 0.61% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Apr 2014, Norwegian Microfinance Initiative invested INR 28.44 Cr in Satin. Subsequently it invested more in the company.