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IKF Finance raises ₹1,465 crore in Norwest-led funding round

Mint Kolkata

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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.

- Mansi Verma

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.

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