Promoter Mrs. G Padmaja Reddy continues to hold a majority of paid up equity share of Spandana along with the rest of the promoter group
Investors


Spandana has the benefit of value additions done by its investors who joined in at different stages to facilitate growth of outreach to larger number of low-income clients. Key institutional shareholders are:


JM Financial India Fund (JMF)

The JM Financial India Fund (JMF) is a US$225 million private equity fund which invests in fast growing, unlisted companies in India. It is a broad based, multi-sector fund that provides growth capital to companies to leverage the Indian domestic consumption story combined with global outsourcing opportunities. The Fund is sponsored by JM Financial Group – a leading financial services firm with over three decades of experience in advising and managing Indian businesses. The lead investor in the fund is Old Lane Partners LP, a US$4.5 billion global-proprietary firm.


Valiant Capital Management

Valiant Capital Management, L.P. is a US - based investment advisory firm formed by Christopher R. Hansen in March 2008. Prior to founding the Firm, Mr. Hansen was a Managing Director at Blue Ridge Capital, LLC from 2001 until January 2008. Mr. Hansen is the President and portfolio manager. He is supported by 6 junior partners who serve as senior analysts. Collectively, the team has impressive investment and educational backgrounds, differentiated skill sets, and unique investment perspectives.


Lok Capital’s mission is to promote inclusive growth by supporting the development of social enterprises to deliver basic services to serve the BOP segment in a scalable, affordable and commercially viable manner. Lok seeks to partner with talented and visionary entrepreneurs to help take these social enterprises in India to a new level of sustainability, scalability and professionalism. (www.lokcapital.com)


Helion Venture Partners is a stage independent, India-focused venture fund, investing in high growth technology powered businesses and consumer services. We leverage our knowledge, experience and network to actively support the entrepreneurs. Our mission is “Partnering with entrepreneurs to build world-class companies”. (http://www.helionvc.com)



Small Industrial Development Bank of India (SIDBI) is an apex Development Financial Institution (DFI) promoted by the Governament of India. SIDBI’s mission is to empower the Micro, Small and Medium Enterprises (MSME) sector with a view to contributing to the process of economic growth, employment generation and balanced regional development. SIDBI has played a pivotal role in incubating and promoting microfinance in India under its SIDBI Foundation for Micro Credit (SFMC). (http://www.sidbi.com/Micro/facts.htm)