India’s Kinara Capital recently raised INR 3.8 billion (USD 50 million) in equity from the Global Impact Fund of US-based Nuveen, which led the investment round, and ASN Microkredietfonds, which is advised by the Netherlands’ Triple Jump, to boost Kinara’s lending to micro-, small and medium-sized enterprises (MSMEs) in India. According to Kinara Founder and CEO Hardika Shah
