Avendus Capital Advises Credit Access India B.V. on Its c5.8% Stake Sale in Credit Access Grameen Worth USD 137 mn

It was a pleasure working with Avendus Capital on our c5.8% stake sale in CREDAG. Their valuable insights on the market and stock dynamics, as well as meticulous feedback to limit impact on regular trading flows, played a major role in making the deal a success. The quality of incoming local and global investors on the cap table adds value and potential to the stock.

We are delighted to partner with Credit Access India for their stake sale in CREDAG. With banks and NBFCs posting decadal high NIMs and best return metrics, top investors are looking to be a part of the NBFC upcycle story through pureplay MFI institutions like CREDAG.

CREDAG has been India’s best-performing micro-finance institution. This transaction further validates CREDAG’s premier position, solid track record and strong prospects. We remain bullish about the Indian MFI space.