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Nuveen led a $50m funding round in Kinara Capital.

Synopsis

Nuveen, an American asset manager, led a $50m funding round in Kinara Capital, a fintech company. “We at Kinara Capital are immensely thrilled with the dual investment from Nuveen and Triple Jump who are uniting to support small business entrepreneurs in India, the world’s fastest-growing major economy. This is a true attestation of our sustainable business model and the vast MSME market opportunity ahead of us. This fresh equity round will energize us to scale faster so that we can continue doing what we do best, which is to bring more small business entrepreneurs into the fold of financial inclusion,” Hardika Shah, Kinara Capital Founder & CEO.

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