Press Releases

  • March 9, 2023

    Kinara Capital Allocates INR 400 Crores in FY24 for HerVikas Program of Discounted Business Loans for Women Entrepreneurs

    Kinara Capital, a fast-growing fintech driving financial inclusion of small business entrepreneurs, marks 4th year anniversary of its HerVikas program by allocating an additional INR 400 crores disbursement in FY24 in discounted business loans for women entrepreneurs. The latest allocation brings the total commitment to date to INR 700 crores solely dedicated to driving financial inclusion of women entrepreneurs from the micro-small-medium enterprise (MSME) sector. Kinara Capital exceeded its previous disbursement goal of INR 300 crores from FY20-23, with 38% higher disbursement of INR 414 crores across 4,305+ HerVikas business loans for women-owned MSMEs.

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  • Bengaluru - December 15, 2022

    Kinara Capital Adds 15 New Branches; Reaches 125 Branches Across 100+ Cities in India to Serve MSME Sector

    Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today announced the launch of additional 15 new branches, that brings the company’s total field presence to 125 branches serving MSMEs in 100+ cities across Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Telangana and UT Puducherry. The new branches will expand the company’s customer service in Tier 2 urban areas. Kinara Capital aims to support 2,00,000 MSMEs in the next 3 years. The company on-boarded 800 employees this year, thereby increasing the workforce by 45% and plans to hire 2,000 by FY25.

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  • Mumbai - October 28, 2022

    Kinara Capital Closes INR ~200 Crores in Fresh Equity, Led by British International Investment (BII)

    Kinara Capital, a fast-growing fintech for India’s small business entrepreneurs, today announced closing a fresh equity round of INR ~200 crores led by British International Investment (BII), the UK’s development finance institution and impact investor. Existing equity investors Nuveen and the ASN Microkredietfonds advised by Triple Jump also participated in this round. This equity investment will aim to propel Kinara Capital to grow 5x by 2025 and reach an AUM of INR 6,000 crores by democratizing access to formal financial inclusion with its myKinara App.

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  • Bengaluru - September 19, 2022

    Kinara Capital Wins Best Places to Work in India 2022 Awards by AmbitionBox

    Kinara Capital, a socially responsible fintech driving MSME financial inclusion, has ranked among the BEST PLACES TO WORK IN INDIA 2022 by AmbitionBox based on crowdsourced ratings and reviews of employees. Kinara Capital is ranked No. 2 nationwide in the Best Mid-Sized Companies in India and No. 2 in the industry category of Best Internet/Product Companies in India.

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  • Bengaluru - July 21, 2022

    Kinara Capital Launches #JadejaBatsForKinara Ad Campaign with Indian Cricketer Ravindra Jadeja

    Kinara Capital, a leading fintech driving MSME financial inclusion across 100+ cities in India, today announced the launch of the #JadejaBatsForKinara advertising campaign featuring the company’s exclusive brand ambassador Ravindra Jadeja. Kinara Capital is empowering India’s small business entrepreneurs with myKinara App that offers fast and flexible collateral-free MSME loans within 24-hours, in the range of Rs. 1-30 lakhs.

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  • Bengaluru - May 31, 2022

    Kinara Capital on hiring spree across 90+ cities

    Kinara Capital, India’s leading fintech serving MSMEs, is on a hiring spree across 90+ cities in India. The company plans to add 700 employees across its 125 branches and Bengaluru head office within the next six months. With job opportunities available at all levels, the company has opened its doors to everyone from new graduates to experienced senior management interested in joining a fast-growing fintech.

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  • Bengaluru - April 19, 2022 HindiUSD

    Fintech Kinara Capital Secures INR 380 Cr in Equity, Led by Nuveen

    Kinara Capital, India’s fast-growing MSME fintech, closed a fresh equity round of INR 380 crores led by Nuveen, a leading global investment manager with over $1.3 trillion of assets under management, with participation from Triple Jump, a Dutch impact-focused investment manager advising the ASN Microkredietfonds. This new equity investment will lead to Kinara’s expansion of products and services to meet the rapidly increasing MSME credit demand in India. Kinara Capital aims to grow by 500% by 2025 with plans to disburse INR 10,000 crores of MSME business loans in the next three years.

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  • Bengaluru - March 15, 2022

    Kinara Capital Advances HerVikas Business Loans Program for Women; Commits to Disburse INR 200 crores in FY22-23

    Kinara Capital, India’s fast-growing MSME fintech, is advancing women entrepreneurship with a commitment to disburse INR 200 crores via its HerVikas women business loans program in the coming fiscal year FY22-23. HerVikas offers MSME women entrepreneurs access to collateral-free business credit with an automatic discount thereby driving financial inclusion of an underserved segment. In the past two years, Kinara Capital has disbursed more than INR 125 crores across 2,000 HerVikas business loans to MSME women entrepreneurs.

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  • Bengaluru - January 27, 2022

    Kinara Capital introduces Collateral-Free Short-Term Working Capital Loan

    BANGALORE, January 27, 2022 – Kinara Capital, a fast-growing fintech propelling financial inclusion, today introduced Short-Term Working Capital loan option for its current MSME customers. Available in the range of INR 50,000 to INR 2 Lakhs with rapid turnaround (TAT) and lower processing fees, the Short-Term Working Capital loan will have a tenor of 6-12 months to give MSMEs the option of fulfilling sudden business needs.

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  • FRANKFURT - October 28, 2021

    Kinara Capital secures INR 70 Crores from Invest in Visions GmbH (IIV) Microfinance Fund, with support from Agents for Impact (AFI)

    Kinara Capital, a social impact fintech driving financial inclusion of India’s small business entrepreneurs, today announced securing EUR 8 million (~INR 70 crores) from Invest in Visions GmbH (IIV), pioneers of microfinance investments in Germany. Agents for Impact, a sustainability connector of investors and social impact organizations, arranged this transaction for Invest in Visions and managed all commercial and legal aspects of this transaction for Invest in Visions from start to finish. Classified as an ESG Impact Fund by the European Union, Kinara Capital will further IIV’s Microfinance fund’s mandate of enabling credit access to small businesses.

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  • Bengaluru - December 3, 2021

    Kinara Capital appoints Ravindra Jadeja as Brand Ambassador on the occasion of its 10th Anniversary

    Kinara Capital, an innovative fast-growing fintech serving India’s MSMEs, today announced that it has signed Indian cricket team’s shining star, Ravindra Jadeja, as its official brand ambassador on the occasion of the company’s 10th anniversary. With this partnership, Kinara aims to boost its outreach in financing the MSME sector in the country. With a current AUM of INR 1000 crores, Kinara Capital plans to grow 500% by the year 2025.

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  • Bangalore - November 25, 2021

    Kinara Capital Launches myKinara Mobile App for MSME Collateral-free Loans

    Kinara Capital, a fast-growing fintech, recently launched myKinara mobile app that comes with a simple 3-step process and is a first of its kind in the unsecured MSME business lending space. myKinara app, now live on the Google Play Store, puts the power at the fingertips of small business entrepreneurs to securely apply and receive collateral-free business loans digitally within 24-hours turnaround time (TAT).

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  • Mumbai - October 13, 2021 HindiGujaratiTeluguTamilKannada

    U GRO Capital and Kinara Capital Announce Co-Origination Partnership

    U GRO Capital, a listed, small business lending MSME focused fintech platform, and Kinara Capital, a fast-growing fintech, today announced a strategic co-origination partnership to offer collateral-free business loans to small business entrepreneurs in India.

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  • Bangalore - March 4, 2020

    Kinara Capital Launches HerVikas Business Loans For Women; Commits to Disburse Rs. 100 Crores in FY20-21

    HerVikas aims to encourage women entrepreneurship with an upfront discount provided on business loans without property collateral.

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  • Netherlands - October 8, 2019

    Kinara Capital wins Global Recognition with Gold Award as Bank of the Year-Asia

    Recognized by the IFC, World Bank and SME Finance Forum for Innovations in Small Business Lending

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  • Ahmedabad - July 11, 2019

    Kinara Capital inaugurates its 100th branch in India in Ahmedabad, Gujarat

    Small business lender expands presence in fast-growth regions

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