VISTAAR FINANCIAL SERVICES PVT LTD
Status: Completed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Vistaar Financial Services Pvt. Ltd is a growing a non-banking financial company based in Bangalore, India. Vistaar has completed three years of operations and broke even in its third year of operations.
What is our funding objective?
Vistaar has significant expansion plans. In order to improve its customer assessment method, customer service quality and to help maintaining good controls on the systems and processes, Vistaar is working on migrating to a more robust and scalable IT platform. Social metrics are integrated in the system to enable Vistaar to more evidently assess this in their strategy forward.
Why do we fund this investment?
Vistaar has a modest scale of operations that is geographically concentrated. The company strives to create social impact by serving small- and medium-sized enterprises (SMEs) that have very limited access to credit from organised financial institutions.
More investments
| Date | Total FMO financing |
|---|---|
| 10/5/2020 | USD 30.00 MLN |
| 6/13/2019 | EUR 0.13 MLN |
| 5/11/2017 | EUR 0.04 MLN |
| 11/5/2018 | INR 300.00 MLN |
- Website customer/investment
- http://www.vistaarlfi.com
- Region
- Asia
- Country
- India
- Sector
- Financial Institutions
- Effective date
- 8/13/2013
- End date
- 5/11/2017
- Total FMO financing
- EUR 0.10 MLN
- Funding
- MASSIF
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B