SKS Microfinance, country’s largets MFI has denied reports that Catamaran Fund, the private equity fund of Infosys mentor Narayana Murthy has been roped in to acquire a pre-IPO stake in the company. Its CEO, Suresh Gurumani has sighted it to be a rumour.
There had been reports earlier that Catamaran fund was likely to make its maiden investment in SKS Microfinance Ltd to the tune of $129-million.