India: IFMR Capital rebrands as Northern Arc Capital, to raise first offshore fund

IFMR Capital has rebranded itself as Northern Arc Capital, as the company seeks to raise its first offshore financial inclusion focused fund and expand its business outside India, said a senior executive of the firm.

Established in 2008, IFMR Capital connects non-banking financial companies working among financially excluded households and businesses, such as micro-financiers, affordable housing finance companies and small business financiers with investors in existing and emerging debt capital markets.

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