Bamboo Finance
Bamboo Finance reaches $31m first close on financial inclusion fund
Impact private equity investor Bamboo Finance has reached a $31 million first close on its second financial inclusion-focused fund with commitments from Teachers Insurance and Annuity Association of America (TIAA-CREF) and AXA-IM.
Bamboo Finance, Saama Capital invest in India's Modern Family Doctor
Bamboo Finance, a European private equity firm that focuses on investments benefiting low-income communities in emerging markets, and early stage investor Saama Capital have together taken part in a Series B round of funding for Indian healthcare provider...
Bamboo Finance sees 2x return on Mongolia XacBank exit
Emerging markets-focused private equity firm Bamboo Finance has exited its stake in TenGer Financial Group (TFG), the holding company of Mongolia's XacBank, to Japan's Orix Corp. Financial details of the transaction were not disclosed, but it is said...
PE, MFIs back Philippines rural lending initiative
When examining the driving forces of rural development, one fact continually rings true: the higher the proportion of people in possession of a bank account, the higher a country's GDP per capita. In Asia, two countries fall well below the trend line...
Bamboo Finance, DFIs back Philippines financial services start-up
Bamboo Finance has teamed up with a group of non-profit investors to commit $24 million to Bridge, a Philippines-based financial services start-up dedicated to improving rural banking. The participants include microfinance pioneer Accion and two development...
CX Partners invests in TSI’s India ATM business
CX Partners has invested INR1.2 billion ($23 million) in India ATM business of Transaction Solutions International (TSN), an electronic transactions specialist listed in Australia.
Bamboo Finance backs Greenlight Planet in $4m round
Bamboo Finance has invested in Greenlight Planet, a manufacturer of solar-powered lanterns, in a $4 million funding round alongside existing investor P.K. Sinha, co-founder of ZS Associates.
Indian VC’s social imperative
Social venture capital funds have sprung up in India under the notion that they can support marginalized communities and achieve financial returns. Time will tell if this is possible.