India: StanChart PE invests $17m in IFMR Capital

India: StanChart PE invests $17m in IFMR Capital

Standard Chartered Private Equity (SCPE) has made an investment of $17 million in IFMR Capital and will increase it further to total $50 million, executives from both companies said. IFMR is a financial services firm that helps financial institutions serving under-banked people raise funds.

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