India: Spandana Sphoorty gets $63m financing from Bank of Baroda, IndusInd Bank Photo: Reuters Ishita Russell January 2, 2018 Premium Hyderabad-based microfinance institution Spandana Sphoorty Financial Ltd, has raised Rs 400 crore ($63 million) from IndusInd Bank and Bank of Baroda through the issue of Pass Through Certificates. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org. Just-In Trending SoftBank Group International CFO Alok Sama to step down India: Hospitality firms eye unbranded hotel space to expand footprint Deutsche Bank appoints Kaushik Shaparia as new India head Pinterest, Zoom Video debuts set pace for unicorns’ IPO race Qatar fund QIA buys chunk of $5.6b Manhattan portfolio Private equity investors are making bigger bets in Asia’s healthcare sector Why private equity giant KKR finds Japan more attractive than China Mexico’s Cinepolis buys 40% in Indonesia’s Lippo-backed Cinemaxx for $110m ESP Capital-backed Uiza raises $1.5m funding from Sequoia’s Surge Singapore wealth fund remains unfazed by high tech valuations You are subscribed to our mailing list.