India Financial Inclusion Fund raises $90M kitty

The India Financial Inclusion Fund (IFIF), an equity fund that invests in companies that provide financial services to low-income clients, has, after its final closing, raised USD 90 million worth of capital in the last fifteen months. The fund will be used to invest in microfinance institutions (MFIs), companies that provide low-cost housing, and other “firms that enable the provision of financial services to the poor” such as “business correspondents to banks and technology companies in the sector”.

Further information


Partnership types

Doing business with the poor

Regions / countries / territories

Asia: India

Global issues

Financial accessibility and management