Kinara Capital seeks equity capital to overcome debt challenges
- Posted on June 17, 2025
- By Business News Today
- 1 Views
Kinara Capital seeks equity capital to overcome debt challenges
Kinara Capital, a fintech lender, faces financial challenges due to losses from unsecured loans, reporting a ₹350 crore loss in FY25. The company is seeking equity infusion and covenant waivers from lenders to address breached financial covenants on a significant portion of its debt.
