Nordic Microfinance Initiative

Summary

In 2008 was created Nordic Microfinance Initiative, which is appeared as Corporate Investor. The main office of represented Corporate Investor is situated in the Oslo. The venture was found in Europe in Norway.

We can highlight the next thriving fund investment areas, such as Retail, Banking. The fund has specific favorite in a number of founders of portfolio startups. For fund there is no match between the country of its foundation and the country of its the most frequent investments - India. Among the most popular portfolio startups of the fund, we may highlight Satin Creditcare Network, Utkarsh Micro Finance, Svasti Microfinance. Besides, a startup needs to be aged 16-20 years to get the investment from the fund.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Nordic Microfinance Initiative, startups are often financed by International Finance Corporation, Aavishkaar Venture Capital, Stakeboat Capital. The meaningful sponsors for the fund in investment in the same round are Aavishkaar Venture Capital, International Finance Corporation, Kayenne Ventures. In the next rounds fund is usually obtained by International Finance Corporation, Aavishkaar Venture Capital, SBI Ven Capital.

The top activity for fund was in 2014. Despite it in 2019 the fund had an activity. The fund is constantly included in less than 2 deals per year. Comparing to the other companies, this Nordic Microfinance Initiative performs on 19 percentage points less the average number of lead investments. Speaking about the real fund results, this Corporate Investor is 50 percentage points more often commits exit comparing to other organizations. The higher amount of exits for fund were in 2015. Deals in the range of 5 - 10 millions dollars are the general things for fund.