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April 20, 2022

Kinara Capital raises Rs 380 crore in funding led by investment manager Nuveen

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    June 6, 2023

    Kinara Capital Plans INR 800+ Crores…

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    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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    May 17, 2023

    Kinara Capital Allocates INR 400 Crores…

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    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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