Social VC Investments
NBFC Kinara Capital raises Rs.70-Cr from Invest in Visions
Bengaluru-based, SME-focused NBFC Kinara Capital has raised EUR 8 million (INR 70 crore) from Invest in Visions GmbH (IIV). Agents for Impact (AFI), 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.
From the Venture Intelligence PE-VC Deal Database: Between Dec-12 and Mar-21, Kinara Capital had raised over $50-M from Gaja Capital, Unitus, OPIC, Patamar Capital, GAWA Microfinance Fund, Michael & Susan Dell Foundation, responsAbility, Sorenson Impact Foundation and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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