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 email@example.com. Just-In Trending Solar energy firm Xinyi said to postpone up to $582m Hong Kong IPO SoftBank IPO said to generate 2-3 times demand from large investors Bermuda court hands lifeline to Noble Group, approves restructuring Thailand’s 500 TukTuks II invests over $1m across six startups Vietnam: Vingroup sets up new subsidiary Vingroup Ventures, hires CEO Now Vietnam finds Grab-Uber merger anti-competitive Singapore’s Grab snags $150m from Japanese automaker Yamaha Indonesia’s Go-Jek launches beta app in Thailand Vietnam: VNG co-founder’s ride-hailing service Be Group set to launch operations Alibaba-backed Lazada names new CEO for second time in 2018 You are subscribed to our mailing list.