The Edinburgh office of global social investment fund LeapFrog has brokered a $15 million (£9.3m) investment in a company that provides low-cost insurance products to millions of people in rural India. 0 0 1 47 270 Ashoka 2 1 316 14.0 Normal 0 false false false EN-US JA X-NONE

The deal was led by Stewart Langdon, the fund’s Edinburgh-based director of investments, and is its second $15m investment in the sector within a year. Last September, it formed a partnership with Shriram Capital to provide insurance, as well as savings and investment products, to an estimated ten million Indians.

For more information on this $15 million investment click here (The Scotsman) and here(CNBC).