NMI in Media

Sub-K launches SARTHI, supported by NMI TA (2020)

The Banking and Finance Post: Sub-K unveils SARTHI, a Digital Finance Platform for Underbanked

Proximity Finance transaction (2020)

Myanmar Times: Proximity Finance raises US$14 million to help more farmers
MicroCapital: Proximity Finance Raises $14m in Equity from Finnfund, Nordic Microfinance Initiative, Proparco to Support Farmers in Myanmar
FinDev Gateway: Proximity Finance Raises $14 Million to Reach More Smallholder Farmers
Deal Street Asia: Myanmar’s farmer-focused Proximity Finance secures USD14 million

Lauritzen Fonden investing in NMI (2020)

AM Watch: Danish shipping foundation invests in financial inclusion of women in developing countries
MicroCapital: Nordic Microfinance Initiative Raises $5m from Lauritzen Fonden to Invest in Women in Africa, Asia

Sindhuja transaction (2020)

The Economic Times: Norway’s NMI, Carpediem invest in Delhi-based Sindhuja Microcredit
The Hindu Business Line: Sindhuja Microcredit raises $8.7 million in Series B round
Your Story: Microfinance company Sindhuja Microcredit raises $8.7M in Series B from NMI and Carpediem Capital
Live Mint: Sindhuja Microcredit raises $8.7 mn from NMI, Carpediem Capital
VC Circle: Sindhuja Microcredit bags Series B funding from NMI, Carpediem Capital

Svasti Transactions (2019)

The Economic Times: Nordic Microfinance Initiative raises its investment in Svasti Microfinance
Live Mint: Poonawalla, Patni, NMI invest $10 million in Svasti Microfinance
Outlook India: Svasti raises USD 10 mn for branch expansion, MSME financing
Business Standard: Svasti raises USD 10 mn for branch expansion, MSME financing
Business Standard Hindi: स्वस्ती माइक्रोफाइनेंस को चालू वित्त वर्ष में मिले एक करोड़ डॉलर के निवेश
Navbharat Times: स्वस्ती माइक्रोफाइनेंस को चालू वित्त वर्ष में मिले एक करोड़ डॉलर के निवेश
Devdiscourse: Svasti Microfin raises $10 mn from Poonawalla, NMI & others
Indian web2: Svasti Microfin raises $10 mn from Poonawalla, NMI & others
Inshorts: Mumbai-based Svasti Microfinance raises $10 million
Sanjeevni Today: स्वस्ती माइक्रोफाइनेंस ने जुटाये एक करोड़ डॉलर
YourStory: Zilingo leads the way as funding raised doubles to $359M
Impact Alpha: Svasti Microfinance raises $4.8 million to extend financial services to low-income Indians

NMI increasing India focus (2019)

HT Mint (print): NMI aims to raise the stakes in India

Dvara KGFS transaction (2019)

The Economic Times: Dvara KGFS raises Rs 70 crore from Nordic Microfinance Initiative
The Hindu Business Line: Dvara KGFS raises ₹70 cr in Series E funding
Outlook India: Dvara KGFS to expand micro ventures, jewel loan biz
News Barons: Dvara KGFS raises 70 crore from Nordic Microfinance Initiative
The Times of India: DVARA KGFS raises Rs 70 crore capital from Nordic Microfinance Initiative
The Hindu Business Line: Dvara KGFS raises ₹70 crore in final round of Series E funding
Indiainfoline: DVARA KGFS raises Rs70cr from Nordic Microfinance Initiative

PBU investing in NMI (2019)

MicroCapital: PBU Invests $15m in Nordic Microfinance Initiative’s NMI Fund IV to Invest in Women in Africa, Asia
IPE.com: PBU stows DKK100m in microfinance focussing on women (second section)

Climate Smart Microfinance Fund, first close funded by The Norwegian Ministry of Climate and Environment (2019)

MicroCapital: Nordic Microfinance Initiative (NMI) Managing $10m from Norway Climate and Environment Ministry to Boost Palm Farmers’ Productivity in Indonesia Without Cutting Rainforest
The Norwegian Ministry of Climate and Environment (Press Release): Klima- og miljødepartementet støtter bærekraftig palmeoljeproduksjon i Indonesia
AMWatch: NMI's fifth fund aims for triple bottom line
E24/VG: Vil slå tre fluer i en smekk med klima-mikrolån

Fund IV, first close (2018)

AMWatch: Norway firm seeks Nordic capital for 4th record-breaking microfinance fund
E24.no: Finansielt sett har det egentlig gått bedre enn vi trodde
Bistandsaktuelt: Sikter mot ny milliard for mikrofinans
Kapital: Ferd-eier Johan H. Andresen: Fra tobakkprins til etikksjef

NESFB launched (2018)

The Economic Times: Northeast India’s first small bank, North East Small Finance bank starts operation, Ratan Tata launches the first branch of the bank
Business Standard: Ratan Tata launches North East Small Finance bank
The Shillong Times: Tata launches Northeast’s first small finance bank

Musoni investment (2018)

MicroCapital: Nordic Microfinance Initiative (NMI) Loans $3m to Musoni Microfinance to Expand Fintech Services in Kenya

BASIX Sub-K transactions (2018)

BusinessWorld: Fintech Company BASIX Sub-K Closes Rs 57 Cr Series B Funding from Accion, Nordic Microfinance and Michael & Susan Dell Foundation
Deal Street Asia: India Dealbook: BASIX Sub-K, Khidki, Prolive, Menterra Ventures in funding news
Business Standard: Basix fintech raises Rs 220 mn in series-B funding from existing investors
YourStory: BASIX Sub-K raises Rs 35 Cr equity funding from Accion, Nordic Microfinance Initiative
Deal Street Asia: India: BASIX Sub-K raises $5.4m from Accion, Nordic Microfinance, others
Business Standard: BASIX Sub-K raises Rs.350mn towards deepening financial inclusion
Businessworld: BASIX Sub-K Raises Over $5M Equity Funding from Accion and Nordic Microfinance Initiative
The Hindu Business Line: BASIX Sub-K raises Rs 35 cr from Accion, Nordic Microfinance
The Economic Times: BASIX Sub-K raises Rs 350 million from Accion and Nordic Microfinance Initiative
DailyHunt: BASIX Sub-K raises Rs 35 Cr equity funding from Accion, Nordic Microfinance Initiative
India.com: BASIX Sub-K raises Rs 35 crore from Accion, NMI
India Today: BASIX Sub-K raises Rs 35 crore from Accion, NMI

IFU joins NMI (2016)

Dagens Næringsliv: Tilbakebetalinger har allerede begynt å finne sted

Fusion investment & exit (2014, 2018)

Live Mint: Warburg Pincus leads ₹520 crore funding in Fusion Microfinance
VC Circle: Fusion Microfinance raises $8.3M in Series C round from Belgium’s BIO and Oikocredit

Utkarsh investment (2011, 2014)