IKF Finance closes ₹1,465 crore funding from Norwest, Motilal Oswal Alternates
Hyderabad-based non-banking financial company (NBFC) IKF Finance has raised ₹1,465 crore (around $175 million) in a funding round led by Norwest Venture Partners, with participation from existing investor Motilal Oswal Alternates. This marks the company’s largest fundraise, comprising primary capital infusion and secondary stake sales, IKF Finance said on May 15. “This is our largest