Just a brief message to congratulate Reuben Abraham on securing funding from 3 big wigs (Google, Omidyar, and Soros) to launch a fund for small- and medium-sized businesses in India. He’s targeting the space between microfinance and commercial banks… sound familiar? Great to see some action in the space! Although we believe that funds will never satisfy demand it is important that money is finally being focused on the ‘mesofinance’ space. We wish you all the best Reuben.
http://www.livemint.com/2008/02/20142507/Google-Soros-Omidyar-plan-1.html