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.