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Business deals

Dutch bank offers $42m in backing to Indian impact investor

FMO eager to join hands with microfinance asset manager Aavishkaar

  © Reuters
MARS W. MOSQUEDA JR., DealStreetAsia | India

CEBU, Philippines -- Dutch development bank FMO has proposed to invest $42 million in Aavishkaar Venture Management Services, India's biggest impact investor by size of investments, according to a disclosure.

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