TPG leads $32m round for India bank
TPG Capital has led a INR2.2 billion ($32 million) funding round for India's Jana Small Finance Bank, which focuses on financial inclusion through digital services.
TPG contributed INR1.5 billion to the round, while, HarbourVest Partners provided the remainder. The microlender, previous known as Janalakshmi, is said to have raised about $626 million to date. Founded...
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