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Rajani acts for Oikocredit on $9.8m affordable housing finance SEWA Series B

“SEWA Grih Rin Ltd, an affordable housing finance company of the Self-Employed Women’s Association (SEWA) Group, said it has raised Series B funding. The lender, operating under Sitara brand, has closed Rs 67 crore ($9.8 million at current exchange rate) funding round from Oikocredit, Omidyar Network India, HDFC Life Insurance, HDFC Holdings Ltd and Women’s World Banking,” reported VCCircle.

Rajani Associates advised Netherlands-based microfinance investment fund Oikocredit Ecumenical Development Co-Operative Society U.A. led by a team of partner Poorvi Sanjanwala, senior associate Kashmira Bakliwal and associate Nishtha Mehta.

2019-03-01

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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