British International Investment

Veritas Finance Private Limited

IndiaSouth AsiaFinancial services

Veritas lends to over 12,000 micro, small and medium-sized enterprise (MSME) customers in rural and semi-urban areas.  It provides small individual loans for working capital and business expansion. Veritas currently operates more than 100 branches across Tamil Nadu, Puducherry, Karnataka, West Bengal and Odisha. Lok IV invested $14.6m.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $10.08m South Asia Financial services June 2017 Active
Investment 02 $5.37m South Asia Financial services March 2018 Exited
Investment 03 $3.02m South Asia Financial services May 2018 Exited
Investment 04 $8.48m South Asia Financial services October 2018 Exited

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