NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, February 3, 2017

Financial inclusion services provider IFMR Holdings, which will complete a decade this year, will embark on a major expansion drive, said a senior executive of the firm.

The group, founded by former ICICI Bank Ltd executives Bindu Ananth and Nachiket Mor, was set up in 2007 and today runs various businesses, including IFMR Rural Channels, a rural wealth management network that offers a range of financial products and services to individuals and small enterprises; IFMR Capital, which offers financial inclusion-focused financial institutions with access to debt capital markets; IFMR Investment Managers, an asset management firm; and IFMR Rural Finance, a fin-tech platform.