
Kinara Capital
Kinara Capital is a socially responsible fintech committed to driving last-mile financial inclusion for small business entrepreneurs in India. As an RBI-registered, Systemically Important NBFC, we provide Fast and Flexible Collateral-free Business loans, empowering MSMEs to scale and thrive. Led by visionary Founder and women-majority management team, Kinara Capital is globally acclaimed for driving financial inclusion and empowering MSMEs. Kinara has won the Platinum Award for ‘SME Financier of the Year - Global’ and Silver for ‘SME Financier of the Year - Asia’ from SME Finance Forum & IFC along with Innovative Financing award at UN Women Asia-Pacific WEPs Awards. Kinara Capital has been ranked among the ‘Top High-Growth Companies Asia-Pacific’ by the Financial Times for 5 consecutive years and recognized as one of ‘India’s Growth Champions’ by the Economic Times. Kinara’s AI/ML-driven risk assessment has empowered over 1 Lakh+ MSME customers across 300+ sub-sectors with seamless loa…
Overview
Kinara Capital is a financing company that provides flexible collateral-free loans to small business entrepreneurs. The company is focused on lending to growing businesses that require funding for working capital, capital assets, and start-up needs. It focuses on industries such as agri-products, handicraft production, water, food, and energy. Kinara Capital provides personalized customer service with a fast turnaround time by blending data-driven insights. Kinara Capital has been named by IFC/World Bank as ‘Bank of the Year-Asia’ in 2019 and Financial Times ranked it among the Top 100 High-Growth Companies in Asia-Pacific. It was founded in 2011 by Hardika Shah and is headquartered in Bengaluru, Karnataka, India.
Tech Stack
Funding History
Debt Financing
$4.7M
Jul 2018
Private Equity Round
$14.2M
May 2019
Debt Financing
Undisclosed
Oct 2020
Debt Financing
$10.0M
Feb 2021
Private Equity Round
$3.8M
Feb 2021
GAWA Capital
Venture Round
$7.1M
Mar 2021
Impact Investment Exchange (IIX)
Debt Financing
$9.3M
Oct 2021
Invest In Visions
Series E
$49.7M
Apr 2022
Nuveen, ASN Microkredietfonds
Venture Round
$24.3M
Oct 2022
Nuveen, British International Investment, ASN Microkredietfonds
Debt Financing
$24.4M
May 2024
Impact Investment Exchange (IIX), BlueOrchard Finance S A