Swedfund invests 10 MUSD through a senior unsecured loan to one of India’s leading providers of microfinance services - Satin Creditcare Network Ltd – with services aimed exclusively at women.
Developing countries' infrastructure for healthcare is deficient and the pressure on healthcare facilities is greatly increasing as the Covid-19 virus spreads. The Swedish development finance institution Swedfund invests in the Indian fund HealthQuad II, targeting early-stage companies in the health sector that creates long-term positive effects for India's growing population.
Swedfund is the Swedish government’s Development Finance Institution, contributing through sustainable investment to economic and environmental development as well as a positive impact to society in the world poorest countries.
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