Janalakshmi Financial Services Pvt Ltd
Founder(s):
Ramesh Ramanathan
The primary mandate for Lok I was to invest in MFIs. The fund invested in various MFIs with the following criteria: 1. Backing MFIs across different geographies, as a portfolio diversification strategy 2. Mix of rural and urban MFI models 3. Companies with strong promoter backgrounds - both in terms of execution ability and alignment with Lok's philosophy
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