Ess Kay Fincorp raises $33 million to fuel expansion plans

Date posted: Wednesday 27 November 2019

Commercial vehicle financier Ess Kay Fincorp Ltd has raised $33 million (about ₹235 crore) from its existing investors, US-based mid-market and growth equity platform of alternative asset firm TPG, multi-stage growth investment fund Norwest Venture Partners, and India-focused PE firm Evolvence India, in an internal round of financing. The Rajasthan-based non-bank lender plans to invest the latest funds towards expanding its geographical presence and improving its services.

(Dealstreet Asia)