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SKS Microfinance raises Rs. 366 crore

HYDERABAD: SKS Microfinance has announced the closure of fourth round of equity funding in which it has raised $75 million (Rs. 366 crore). Sandstone Capital led the investment and was joined by the existing SKS investors Kismet Capital and SVB India Capital Parnters (an affiliate of Silicon Valley Bank). Edelweiss Capital is the investment banker to the issue, according to a release.

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