Nordic Microfinance Initiative

Nordic Microfinance Initiative

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Headquarters Location

Norway, Oslo

About

Nordic Microfinance Initiative was established in 2008, and is a well known Corporate Investor. The VC's location is in Europe, Norway. The main office of this Corporate Investor is situated in Oslo.

We can highlight the most popular investment areas for this fund, such as Retail, Banking. In addition, there are 5 more industries where it has achieved success. Among the most popular portfolio start-ups of the fund, are Satin Creditcare Network, Utkarsh Micro Finance, Svasti Microfinance. The fund has specific requirements for the number of founders in a start-up. The country of its foundation and the country of its most frequent investments doesn't coincide - India. Also, a start-up has to be aged 16-20 years to expect investment from this fund.

The highest number of exits from this fund were in 2015. In comparison with other funds, Nordic Microfinance Initiative makes 19 percentage points less than the average number of lead investments. The fund typically enters into less than 2 deals annually. In terms of the fund's performance, this Corporate Investor has 50 percentage points more exits when compared to other organizations. Deals in the range of 5 - 10 millions dollars are most common for this fund. This fund was the most active in 2014. Besides, in 2019 the fund was active.

The fund typically invests in rounds with 2-3 participants. Aside from Nordic Microfinance Initiative, start-ups are often funded by International Finance Corporation, Aavishkaar Venture Capital, Stakeboat Capital. The fund often co-invests with Aavishkaar Venture Capital, International Finance Corporation, Kayenne Ventures, overall with 1 fund from our list. In subsequent rounds, the fund is usually supported by International Finance Corporation, Aavishkaar Venture Capital, SBI Ven Capital, out of 2 investors from our database.

Year Founded

2008

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: arctic.com; User name format in descending order of probability: first '.' last

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

<1

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

40.0% of cases

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