Punjab-based Capital Small Finance Bank raised ₹43 crore from mid-market private equity firm, Amicus Capital, to fund its expansion plans. Besides Bengaluru’s Amicus Capital, existing investors such as Pi Ventures also participated in the current round of fund raise. The bank also counts HDFC Life, ICICI Prudential Life and Small Industries Development Bank of India (SIDBI) as its existing investors.
India’s Amicus Capital leads $6m investment in Capital Small Finance Bank
Date posted: Wednesday 10 July 2019