InvestorQ : Can you tell me about Kinara Capital fund raising from PE funds?
Niti Shenoi made post

Can you tell me about Kinara Capital fund raising from PE funds?

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ishika Banerjee answered.
4 weeks ago
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Kinara Capital is a specialized MSME fintech company. It just closed fresh funding round of Rs.380 crore from Nuveen, which globally manages over $1.3 trillion. Kinara caters to the unsecured borrowing needs of MSMEs. Over next 3 years, Kinara plans to disburse MSME loans worth Rs.10,000 crore. Kinara offers two options; full digital process and also doorstep customer service via its network of 110 branches. Its loan tickets vary from Rs.1 lakh to Rs.30 lakhs and it targets 6-fold growth by FY25.

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