VC Fund Investments

Rural lending focused NBFC Shrinithi Capital raises Rs.16-Cr from Navyug Global

Business Line  

Navyug Global Ventures has invested INR 16 crore in the Chennai-based non-banking financial company (NBFC) Shrinithi Capital Pvt Ltd . Navyug also committed an additional INR 10 crore in the first quarter of FY 2025-26 to further strengthen Shrinithi Capital’s lending operations and push its expansion into green mobility and electric vehicle (EV) financing segments.The investment is expected to support the company’s commercial vehicle financing and micro-lending initiatives in rural India.Shrinithi Capital operates over 50 branches and provides credit access to small business owners, commercial fleet operators, and rural entrepreneurs.

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