Non-banking financial institution (NBFC) Kogta Financial has raised Rs 300 crore in a Series C funding round led by Creador and Morgan Stanley Private Equity (PE). The funding has substantially increased the net owned funds, contributed to positive asset and liability management, and surplus liquidity on the balance sheet of the company reportedly.
Founded in 1996, Kogta currently operates 105 branches across Central and West India offering over 30,000 active customers its financing services. (Source)
