Basix (Bhartiya Samruddhi Finance)

Lok I

Founder(s):

Vijay Mahajan, Bharti Gupta Ramola, Deep Joshi

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

Financial Services

Sector

Microfinance

Sub Sector

Pan-India

Region of Operations

2009

Year of Investment

Vishal

Deal Team

Exited

Status