/PRNewswire/ Creation Investments Capital Management, LLC (Creation Investments), a global impact investment manager in emerging markets, today announced.
India Debt Platform CredAvenue Completes $90 Million Series A Equity Funding Round prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
India Debt Platform CredAvenue Completes $90 Million Series A Equity Funding Round prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The office in Bengaluru will help manage the firm’s growing portfolio of Indian companies that provide capital to those living at the bottom of the economic pyramid.
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CHICAGO and BENGALURU, India, Feb. 17, 2021 /PRNewswire/ Creation Investments Capital Management, LLC, an alternative asset manager and leading impact investor in developing markets financial services, today announced the opening of its first India office and the appointment of financial industry veteran Remika Agarwal as vice president and country head.
As part of its expansion in India, Chicago-based Creation has launched its first debt fund. The fund focuses exclusively on providing debt financing to non-bank financial companies serving the Indian population in areas such as micro-lending, affordable housing, vehicle loans, small- and medium-enterprise lending (SMEs), and education finance. Investors in Creation s earlier private equity funds, including family offices, have indicated interest in committing capital to the firm s initial debt fund.