Bamboo Capital Partners exits investment from Svasti Microfinance after growing its portfolio of borrowers over twenty times and number of employees over tenfold

Bamboo Capital Partners has successfully exited its stake in one of the leading microfinance institutions in India, Svasti Microfinance. Founded in 2008, Svasti brings about positive change in society through providing access to finance for all sections of society using innovative technology, with a special focus on women. Bamboo’s stake in Svasti will now be held by Nordic Microfinance Initiative, among other investors. Since Bamboo’s investment via its Financial Inclusion Fund (FIF) in 2011, Svasti has reached a total of over 300,000 women borrowers across 57 branches in four Indian states. Bamboo helped grow Svasti’s portfolio of borrowers over twenty times and number of employees over tenfold since its investment in 2011.