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 Ahead of IPO, Uber signals there’s more to it than ride-hailing Swiss Re said to have held talks to invest in Chinese insurer Anbang Pakistan’s Tez Financial raises $1.1m seed funding led by Omidyar IFC launches $1b masala bonds to bolster India investments Online grocer BigBasket completes 3 acquisitions in less than six months: Report Indonesian coffee chain Kopi Kenangan snags $8m seed funding from Alpha JWC Singapore PE Kendall Court invests $55m in Indonesia’s Mandaya Medical Bribery probe throws Lippo Group’s massive SE Asia project into limbo Thai ICO unicorn Omise raises funding in Global Brain-led round PHI Group acquires 51% of Vietnamese hospitality firm Saigon Pho Palace You are subscribed to our mailing list.