PE-backed Kanakadurga Finance’s fundraising plan gathers pace, eyes bigger cheque
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PE-backed Kanakadurga Finance’s fundraising plan gathers pace, eyes bigger cheque

By Ajay Ramanathan

  • 07 Jul 2025
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PE-backed Kanakadurga Finance’s fundraising plan gathers pace, eyes bigger cheque
Credit: 123RF.com

Kanakadurga Finance Ltd, a non-bank lender that counts mid-market private equity firm BanyanTree as an investor, is moving ahead with its plan to raise fresh capital and is now looking to pocket a bigger cheque than previously targeted, a top executive told VCCircle. “The fundraising plan is in the discussion stage ......

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