Beams Fintech Fund participates in Infinity Fincorp’s $40 Mn round

Beams Fintech Fund, a growth-stage private equity fund focused on Fintech and Financial Services, has announced its sixth investment in Infinity Fincorp Solutions. Beams has participated as part of their Series A extension of a $40 million funding round.

Infinity Fincorp, backed by True North LLP Private Equity Fund, has, in the near past, secured equity investments from investors, including Jungle Ventures, Archerman Capital.

The fresh capital will be used to expand the loan book & establishing deeper presence across the six states, Infinity Fincorp said in a press release.

Founded by Shrikant Ravalkar, Infinity Fincorp Solutions, which operates in the micro-LAP (Loan Against Property) financing space, providing Rs 3-5 lakh loans for underserved micro-entrepreneurs like tea shop owners, vegetable vendors, small machine enterprises, restaurants, provision stores and many more businesses. 

Infinity Fincorp focuses on Tier 3 towns across Andhra Pradesh, Tamil Nadu, Telangana, Madhya Pradesh, and Rajasthan. The Company claims that it has a robust presence in the southern India’s Micro LAP market along with a proven track record of delivering high growth and high ROA/ROE.

According to market research, the overall Micro LAP segment is expected to grow at a CAGR of 15-20% over the next 5-10 years.

Infinity Fincorp states that it has a loan book of Rs over 1100 crore as of January 2025 and projected to close FY2025 at Rs 1250 crore, marking a growth of 67% in one year. Owing to its significant size (Rs 1,000 crore), it is classified as Middle Layer NBFC as against Base Layer earlier.

Beams Fintech Fund is a mid-market private equity fund managing an AUM of INR 900 crore focused on investing in category-leading Fintech, Financial Services, and B2B SaaS companies. With a diversified portfolio of high-growth businesses, Beams partners with visionary founders to drive scale, profitability, and long-term value creation.