A group of investors led a $164m round in SK Finance.

A group of investors, including Norwest Venture Partners, TPG Growth, Baring Private Equity India, Duro Capital, Axis Alternatives, Ananta Capital, Mirae Asset Venture Investments and MO Alternate Investment Advisors, led a $164m round in SK Finance, a non-banking financial company. "The investments from our existing investors and our new investors MO Alts who invested as a part of a larger round along with others, fortifies the conviction placed by them on our business model and our team. This primary capital infusion will help accelerate our growth through proposed investments in brand, distribution, technology and people," Rajendra Kumar Setia, SK Finance Managing Director and CEO.