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IKF Finance raises ₹1,465 crore in Norwest-led funding round
Mint Chennai
|May 16, 2025
KF 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.
KF 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.
Mint first reported in September 2024 that IKF's promoters and investors were exploring a controlling stake sale that could value the company at $200-250 million. The company did not confirm its valuation after the round.
This story is from the May 16, 2025 edition of Mint Chennai.
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