Kinara Capital is a fast-growing fintech propelling financial inclusion of small business entrepreneurs in India, the company is globally recognized for disrupting MSME financing. Kinara Capital is one of the few companies that has delivered growth, profitability & resilience despite multiple economic shocks over the past 7 years.
Edelweiss successfully advised Kinara on its fresh equity round led by Nuveen, a leading global investment manager with over USD 1.3tn of assets under management, with participation from Triple Jump, a Dutch impact-focused investment manager. Kinara would use the capital raised to fuel its growth. As it aims to grow by 500% by 2025 with plans to disburse INR 10,000 crores of MSME business loans in the next three years.