Microfinance firm Chaitanya Rural raises ₹47 cr
Bengaluru-based microfinance company Chaitanya Rural Intermediation and Development Services has raised ₹47 crore from a fund managed by private investment firm Equator Capital and other investors, the company said on Friday. Started in 2009, the microlender provides microfinance, livestock financing, two-wheeler financing and micro-housing loans to the low-income rural population.