Established in 1991, IKF Finance Limited is a prominent Asset Financing Non-Banking Financial Company (NBFC) in India. It specializes in providing customized loans for Commercial Vehicles (new and used), Cars, MUVs, Tractors, and Construction Equipment, as well as secured MSME loans. The company focuses on serving underserved self-employed customers in the informal segment across 11+ states.
IKF Finance raises ₹1,465 crore from Norwest and Motilal Oswal Alternates
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55 weeks ago
IKF Finance, a non-banking financial company based in Hyderabad, has raised around ₹1,465 crore ($175 million) from global investment firm Norwest and existing investor Motilal Oswal Alternates, the company announced on Thursday. The round, IKF’s largest to date, included both primary capital and a secondary component, it added.