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Ess Kay raises Rs 337 crore from existing investors, promoter
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Last Updated: May 13, 2021, 08:08 PM IST
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Synopsis Over the years, we have created a niche positioning for ourselves in the rural and semi-urban markets with deep distribution across north, west and central India, on-ground sales and collection infrastructure to cater to the underserved customer segment, strong underwriting and focus on asset quality, Setia said.
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TPG Growth, Norwest Venture Partners and Evolvence are existing investors in the company and with this round, the overall capital raised from external investors has breached the Rs 1,000 crore mark.
Used vehicles and small businesses-focused lender Ess Kay Fincorp on Thursday announced that it has raised Rs 337 crore from PG Growth, Norwest Venture Partners, Evolvence and promoter Rajendra Setia in a new round of funding. TPG Growth, Norwest Venture Partners and Evolvence are existing investors in the company and with this roun