Amit Patni and Arihant Patni, past-promoter shareholders of Patni Computer Systems, have bought stake in Grameen Capital from IFMR Trust. Grameen Capital is a social investment bank that has facilitated over Rs 700 crore of capital to microfinance and social enterprises.
The Patni brothers were promoter shareholders of Patni Computer Systems before iGate Corp bought the company and de-listed it from the exchanges earlier this year.
“We are excited to be part of the work of Grameen Capital India and look forward to bringing our learnings from the technology space, in particular, to accelerate the war against poverty,” said the Patni brothers.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.