Press Releases

  • Bengaluru - October 7, 2024

    KINARA CAPITAL’S FOUNDER & CEO, HARDIKA SHAH, WINS THE PRESTIGIOUS THE ECONOMIC TIMES STARTUP AWARD (ETSA) 2024

    The Economic Times (ET) conferred Hardika Shah, Founder & CEO of Kinara Capital, with its prestigious ET Startup Awards 2024 in its Woman Ahead category. The ET Startup Awards recognized Hardika for identifying a critical gap in the market and delivering a solution for it by building Kinara Capital. Hardika was 1-of-8 winners out of hundreds considered this year and chosen by an independent jury panel led by the eminent Nandan Nilekani.

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  • Bengaluru - September 30, 2024

    Kinara Capital Wins Double Honors By IFC & SME Finance Forum As SME Financier Of The Year In Both The Global & Asia Categories

    Kinara Capital, a leading fintech driving MSME financial inclusion in India, achieved a remarkable milestone by winning two prestigious international awards at the Global SME Finance Forum 2024 held in São Paulo, Brazil. Kinara Capital won the Platinum Award in the SME Financier of the Year – NBFI, MFI, Fintech Global category, and the Silver Award in the SME Financier of the Year – Asia category. The awards recognize Kinara Capital for championing MSME growth in India and for demonstrating innovation and leadership in expanding financial inclusion.

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  • Bengaluru - August 8, 2024

    Kinara Capital Announces Appointment Of Parthasarathy N. S. To Company’s Board Of Directors

    Kinara Capital, a fast-growing fintech driving last-mile MSME financial inclusion, today announced the recent appointment of Parthasarathy N. S. (Partha) as a new Independent Director on the company’s Board of Directors (BoD). Partha is a well-renowned Information Technology (IT) leader with over 35+ years of experience in shaping engineering, organizational development, capacity building and more, for a wide range of organizations. Most notably, he is known as the Co-founder of Mindtree which he took from its startup phase to crossing the $1 billion revenue milestone as a listed company.

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  • Bengaluru - June 28, 2024

    Kinara Capital MSME Insights Reveal That Trading Sector MSMEs Lead in Business Optimism; 88% Planning Business Expansion

    Kinara Capital, a fast-growing fintech driving financial inclusion of the micro-small-medium enterprise (MSME) sector, today released its 3rd edition of MSME Insights, a detailed data analysis highlighting sector trends. According to MSME Insights, immediate plans for business expansion is the primary reason for MSMEs to seek access to formal credit.

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  • Bengaluru - May 15, 2024

    Kinara Capital Releases FY24 Financial Year Results; Records 9th Consecutive Year of Profitability

    Kinara Capital, India’s fast-growing fintech driving MSME financial inclusion, today reported its FY24 financial year results marking it as the organization’s 9th consecutive year of profitability.

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  • Bengaluru - May 3, 2024

    Kinara Capital Acquires ‘A’ Grade in Social and Environmental Rating (SER) From MFR Global Rating Agency

    Kinara Capital, India’s fast-growing fintech driving last-mile MSME financial inclusion, today announced acquiring the coveted ‘A’ grade in Social and Environmental Rating (SER) from MFR, a global leader in providing independent assessments, data and technical expertise for sustainable finance organizations. Kinara Capital proudly joins an exclusive group of only 4 organizations in India to ever have achieved an SER rating of ‘A’ from MFR.

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  • Bengaluru - April 25, 2024

    Kinara Capital Ranked on FT500 List of ‘Top 500 High-Growth Companies in Asia-Pac’ for the 5th Consecutive Year

    Kinara Capital, a fintech driving financial inclusion of small business entrepreneurs in India, announces ranking on the esteemed FT500 list of Top 500 High-Growth Companies in Asia-Pacific, published annually by the Financial Times and Statista. This year’s listing also places Kinara Capital among Asia’s Top 40 Fastest Growing Fintechs

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  • Bengaluru - April 4, 2024

    Kinara Capital Launches ‘Aapka Business Chale NonStop with Kinara’ New Ad & Brand Campaign with Indian Cricket Star Ravindra Jadeja

    Kinara Capital, India’s fast-growing fintech driving vast MSME financial inclusion, today launched its latest advertising & brand campaign under the theme of ‘Aapka Business Chale NonStop with Kinara’ featuring the all-rounder Indian cricketer Ravindra Jadeja as a superhero

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  • Bengaluru - March 8, 2024

    Kinara Capital Marks 5th Anniversary of HerVikas With New Allocation of INR 500 Crores Fund & Expanded Benefits Aimed to Empower More Women-Owned MSME Startups

    Kinara Capital, India’s fast-growing fintech driving MSME financial inclusion, today announced a new INR 500 crores fund and expanded benefits to mark the 5th year anniversary of its HerVikas program for women entrepreneurs. The new benefits aim to encourage more women-owned MSME startups to experience the gains of early access to formal credit by providing them with catalytic capital.

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  • Bengaluru - March 1, 2024

    Kinara Capital MSME Insights Data Analysis Reveals That Financial Inclusion Of Women-Owned MSMEs Creates More Jobs For Women

    Kinara Capital, a fast-growing fintech driving vast financial inclusion of the MSME sector, today released MSME Insights, a detailed data analysis of women-owned MSMEs. According to MSME Insights, women-owned MSMEs hired 11% more women employees than male-owned MSMEs. The analysis further revealed that 1/3rd of all new jobs created by women-owned MSMEs went to women employees, thus boosting local economies.

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  • Mysuru - September 14, 2023

    Kinara Capital Commits INR 575+ crores in Business Loans Disbursement for MSMEs in Karnataka by FY24

    Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today reiterated its commitment to fostering MSMEs in Karnataka. It aims to disburse over INR 575+ crores in business loans in FY24 and support the growth of MSMEs in the state.

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  • Chennai - August 17, 2023

    Kinara Capital Commits INR 1,100+ Crores in Tamil Nadu in FY24 For Business Loans Disbursement To MSMEs

    Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today announced committing to INR 1,100+ crores disbursements in FY24 for Business Loans for MSMEs in the urban and the peri-urban regions of Tamil Nadu and Union Territory of Puducherry. With a combination of technology driven process and doorstep customer service, Kinara Capital provides fast service to the micro-small-medium enterprise (MSME) sector. The company’s myKinara App, available in Tamil, makes it convenient for any MSME business owner to start the loan process immediately from their smartphone.

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  • Bengaluru - June 27, 2023

    MSMEs Demand Instant Line Of Credit & Industry Networking As Topmost Priorities, Reveals Kinara Capital Survey

    Kinara Capital, a fintech driving vast financial inclusion of the MSME sector, recently conducted an MSME Sentiment Survey that has unveiled the top priorities of India’s small business entrepreneurs. As per the analysis, Instant Line of Credit is the topmost requirement of MSMEs in the financial services category, and Industry Networking tops the chart in the non-financial services category.

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  • Hyderabad - June 6, 2023

    Kinara Capital Plans INR 800+ Crores Disbursements in FY24 Deepening Its Commitment to MSME Growth in Telangana & Andhra Pradesh

    Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today announced furthering its reach in Telangana & Andhra Pradesh with plans to support thousands of MSMEs in this region by disbursing INR 800+ crores in FY24 in collateral-free business loans. Since the fintech began its operations in this region in 2016, the company has disbursed over 20,000 business loans to mostly micro- and small- enterprises in the urban and semi-urban regions across the states of Telangana & Andhra Pradesh. Kinara Capital recorded an AUM growth of 190% from FY22 to FY23 from these regions.

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  • 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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