India: Small business lender Kinara Capital raises $50m in fresh funding

India: Small business lender Kinara Capital raises $50m in fresh funding

Micro, small & medium enterprise lender Kinara Capital on Tuesday said it raised $50 million in a Series E funding round led by Nuveen’s Global Impact Fund and Triple Jump’s ASN Microkredietfonds Fund, as it looks to ride on the rapidly increasing MSME credit demand in India.

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