Press Coverage

  • Yourstory | July 28, 2021

    Can MSMEs and small businesses survive a potential third wave?

    In an interview with YourStory, our Founder and CEO Hardika Shah talks about the need of digitisation in MSME sector and how it is important to survive amidst pandemic.

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  • Business Standard | July 12, 2021

    AmbitionBox announces best places to work in India 2021, India’s First Employee Choice Awards

    "AmbitionBox, an Info Edge subsidiary and a rapidly growing career advisory platform, awarded Kinara Capital as the Best Internet Companies in the mid-sized company category"

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  • Kinara Capital secures USD 10 mn from IndusInd Bank

    "Kinara lends to MSMEs across manufacturing, trading and services sectors, Hardika Shah, founder and chief executive said. Roopa Satish of IndusInd Bank said the DFC guarantee eliminates forex fluctuation risks from the balance sheet of Kinara and it has become an important tool to mobilise debt funding for impact space companies. Loren Rodwin of DFC said Kinara's commitment towards financial inclusion has made it possible for us to collaborate with India's small businesses."

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  • The Week | February 22, 2021

    Kinara Capital Secures USD 10 Million from IndusInd Bank with 100 Percent Guaranty from U.S. International Development Finance Corporation DFC

    "Kinara lends to MSMEs across manufacturing, trading and services sectors, Hardika Shah, founder and chief executive said. Roopa Satish of IndusInd Bank said the DFC guarantee eliminates forex fluctuation risks from the balance sheet of Kinara and it has become an important tool to mobilise debt funding for impact space companies. Loren Rodwin of DFC said Kinara's commitment towards financial inclusion has made it possible for us to collaborate with India's small businesses. "

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  • ET Rise | February 22, 2021

    Kinara Capital gets $10 mn from IndusInd Bank to further MSME financial inclusion

    Our partnership with IndusInd and DFC underscores our shared commitment to ease the credit hurdle faced by most small business entrepreneurs in India,” said Hardika Shah, Founder & CEO, Kinara Capital, “MSMEs galvanize India's economy with income generation and job creation and there is an ever increasing demand for financing for businesses to rebuild and grow this year. This investment from IndusInd Bank and DFC will accelerate financial inclusion of small businesses, thereby invigorating local economies." "We are glad to have associated with DFC to support a strong impact creating entity, Kinara Capital, in their growth trajectory,” said Roopa Satish "We hold the organizations that we fund to a very high standard and Kinara Capital is a role model when it comes to last-mile delivery,” said Loren Rodwin

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  • Techin Asia | March 9, 2021

    Indian fintech firm Kinara Capital bags $7m in funding for women entrepreneurs

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  • Entrepreneur India | March 29, 2021

    The Small Business Savior

    We are solving the Missing Middle problem, the credit chasm between informal and formal lending for small businesses is estimated by the World Bank to be USD$380 billion in India. The micro-small-medium-enterprise (MSME) sector forms an important part of the economy by contributing to 45% of India’s exports, 30% of the national GDP, and providing employment to over 100 million people in the country. The inception of Kinara Capital was catalyzed by the realization that despite the many economic reforms that India had undergone, including the tech boom, economic liberalization and globalization, small business owners were facing the same challenges and remained severely limited by the lack of access to formal funding.

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  • Entrepreneur India | January 29, 2021

    MSMEs And NBFCs Lending To Them Need Government Boost To Stay On Recovery Path

    Authored Article

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  • Anchor.fm | May 13, 2021

    Financial Inclusion for Small Business Entrepreneurs

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  • YourStory | March 8, 2021

    How Kinara Capital’s Hardika Shah was inspired to help small business entrepreneurs dream big

    Read here about making the most of opportunities, being true to oneself, and creating impact alongside profitability from Hardika.

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  • Entrepreneur India | March 29, 2021 English

    The Small Business Saviour

    This feature by Entrepreneur India Women’s special issue highlights how Kinara Capital is solving the Missing Middle problem, the credit chasm between formal and informal lending for small businesses in India. It also spotlights the company’s commitment to empowering women mirco-entrepreneurs in India.

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  • Business World | March 8, 2021

    Kinara Capital Secures USD 10 Million from IndusInd Bank with 100 Percent

    Kinara Capital Secures USD 10 Million from IndusInd Bank with 100 Percent Guaranty from U.S. International Development Finance Corporation (DFC)

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  • Techin Asia | March 9, 2021 English

    Indian fintech firm Kinara Capital bags $7m in funding for women entrepreneurs

    Bengaluru-based digital lending company Kinara Capital has raised $7 Mn (INR 52 Cr) for its HerVikas discounted loan programme from Impact Investment Exchange (IIX) for the advancement of female entrepreneurs in India. The funding will be used to disburse loans to more than 2,500 women-owned small businesses, helping them generate an incremental income of $43 Mn (INR 320 Cr).

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  • Money Control | May 5, 2021

    RBI Governor Speech Highlights: Second purchase of G-SEC for Rs 35,000cr will be conducted on May 20

    This is a welcome announcement by the RBI, the one-time restructuring and extension of moratorium is definitely a welcome relief to an already stressed sector. MSMEs had just about recovered from the ramifications of last year's pandemic and 2021 had begun on a more positive note for small businesses who were looking to scale up this year. However, the unexpected Covid surge and subsequent lockdowns is pushing the MSME sector to its limits. The new allowances will save many small businesses who in turn are our surest bet to economic recovery in India given MSME contributions to national GDP, exports and to job creation.

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  • Financial Express | May 5, 2021

    RBI Governor LIVE: Shaktikanta Das rolls out stimulus measures amid 2nd Covid-19 wave; liquidity, credit, more

    This is a welcome announcement by the RBI, the one-time restructuring and extension of moratorium is definitely a welcome relief to an already stressed sector. MSMEs had just about recovered from the ramifications of last year's pandemic and 2021 had begun on a more positive note for small businesses who were looking to scale up this year. However, the unexpected Covid surge and subsequent lockdowns is pushing the MSME sector to its limits. The new allowances will save many small businesses who in turn are our surest bet to economic recovery in India given MSME contributions to national GDP, exports and to job creation.

    Read More
  • Economic Times | May 5, 2021

    RBI announces slew of measures for MSMEs battered by Covid second wave

    This is a welcome announcement by the RBI, the one-time restructuring and extension of moratorium is definitely a welcome relief to an already stressed sector. MSMEs had just about recovered from the ramifications of last year's pandemic and 2021 had begun on a more positive note for small businesses who were looking to scale up this year. However, the unexpected Covid surge and subsequent lockdowns is pushing the MSME sector to its limits. The new allowances will save many small businesses who in turn are our surest bet to economic recovery in India given MSME contributions to national GDP, exports and to job creation.

    Read More
  • Rappler |

    Villgro Philippines to celebrate women entrepreneurs in ‘Impact Happy Hours’ event

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  • Your Story | March 12, 2021

    [Weekly funding roundup] Venture investments continue to remain lacklustre; Indian startups raise $113M

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  • Your Story | March 8, 2021

    Happy International Women’s Day

    Mention of Kinara Capital

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  • Good Returns | March 8, 2021

    Top 8 Wonder Women Leading Fintech Industry in India

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