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February 22, 2021
Kinara Capital Secures USD 10 Million From IndusInd Bank With 100 Percent Guaranty From U.S. International Development Finance Corporation (DFC)
    • February 22, 2021
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    February 22, 2021

    Kinara Capital gets $10 mn from…

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    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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