Press Releases
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Bengaluru - January 27, 2022
Kinara Capital introduces Collateral-Free Short-Term Working Capital Loan
BANGALORE, January 27, 2022 – Kinara Capital, a fast-growing fintech propelling financial inclusion, today introduced Short-Term Working Capital loan option for its current MSME customers. Available in the range of INR 50,000 to INR 2 Lakhs with rapid turnaround (TAT) and lower processing fees, the Short-Term Working Capital loan will have a tenor of 6-12 months to give MSMEs the option of fulfilling sudden business needs.
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FRANKFURT - October 28, 2021
Kinara Capital secures INR 70 Crores from Invest in Visions GmbH (IIV) Microfinance Fund, with support from Agents for Impact (AFI)
Kinara Capital, a social impact fintech driving financial inclusion of India’s small business entrepreneurs, today announced securing EUR 8 million (~INR 70 crores) from Invest in Visions GmbH (IIV), pioneers of microfinance investments in Germany. Agents for Impact, a sustainability connector of investors and social impact organizations, arranged this transaction for Invest in Visions and managed all commercial and legal aspects of this transaction for Invest in Visions from start to finish. Classified as an ESG Impact Fund by the European Union, Kinara Capital will further IIV’s Microfinance fund’s mandate of enabling credit access to small businesses.
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Bengaluru - December 3, 2021
Kinara Capital appoints Ravindra Jadeja as Brand Ambassador on the occasion of its 10th Anniversary
Kinara Capital, an innovative fast-growing fintech serving India’s MSMEs, today announced that it has signed Indian cricket team’s shining star, Ravindra Jadeja, as its official brand ambassador on the occasion of the company’s 10th anniversary. With this partnership, Kinara aims to boost its outreach in financing the MSME sector in the country. With a current AUM of INR 1000 crores, Kinara Capital plans to grow 500% by the year 2025.
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Bangalore - November 25, 2021
Kinara Capital Launches myKinara Mobile App for MSME Collateral-free Loans
Kinara Capital, a fast-growing fintech, recently launched myKinara mobile app that comes with a simple 3-step process and is a first of its kind in the unsecured MSME business lending space. myKinara app, now live on the Google Play Store, puts the power at the fingertips of small business entrepreneurs to securely apply and receive collateral-free business loans digitally within 24-hours turnaround time (TAT).
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U GRO Capital and Kinara Capital Announce Co-Origination Partnership
U GRO Capital, a listed, small business lending MSME focused fintech platform, and Kinara Capital, a fast-growing fintech, today announced a strategic co-origination partnership to offer collateral-free business loans to small business entrepreneurs in India.
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Bangalore - March 4, 2020
Kinara Capital Launches HerVikas Business Loans For Women; Commits to Disburse Rs. 100 Crores in FY20-21
HerVikas aims to encourage women entrepreneurship with an upfront discount provided on business loans without property collateral.
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Netherlands - October 8, 2019
Kinara Capital wins Global Recognition with Gold Award as Bank of the Year-Asia
Recognized by the IFC, World Bank and SME Finance Forum for Innovations in Small Business Lending
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Ahmedabad - July 11, 2019
Kinara Capital inaugurates its 100th branch in India in Ahmedabad, Gujarat
Small business lender expands presence in fast-growth regions
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Renu PraveenKinara Capital+91 9742279654 [email protected]
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