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Kinara Capital

MSMEs-focused lending platform Kinara Capital scores Rs 100 Cr in fresh round

Kinara Capital

MSMEs-focused lending company Kinara Capital has raised Rs 100 crore in a fresh round from existing investors Gaja Capital, GAWA Capital, Michael & Susan Dell Foundation and Patamar Capital. The fund will be deployed for ramping up tech to improve its customers’ experience.

Founded in 2011 by Hardika Shah, the NBFC platform provides collateral-free loans in the range of Rs 2 lakh to 25 lakh. Till date, it claims to have disbursed about Rs 1,160 crore via more than 33,700 loans across the country. (Source)

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