LeapFrog takes 15 per cent claim in Mahindra Insurance Brokers for US$15 million - Re-emerging World

LeapFrog takes 15 per cent claim in Mahindra Insurance Brokers for US$15 million

October 12, 2012

Ankur Sohanpal

LeapFrog Investments, the for-profit equity fund that invests majorly in microfinance companies and institutions has made its second investment in India in Mahindra Insurance Brokers Limited (MIBL) an Indian brokerage firm which serves the rural populace of India. They have bought a 15 per cent equity stake through an investment of US$15 million. Read more here.

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