Kinara Capital - About the company
Kinara Capital is a series E company based in Bengaluru (India), founded in 2011 by Hardika Shah. It operates as a Provider of business loans for micro, small, and medium enterprises. Kinara Capital has raised $123M in funding from investors like Gaja Capital, responsAbility and Nuveen, with a current valuation of ₹*****. The company has 461 active competitors, including 42 funded and 84 that have exited. Its top competitors include companies like WuXi AppTec, L & T Finance Holdings and AYEFin.
Company Details
Provider of business loans for micro, small, and medium enterprises. The company offers financial solutions tailored to support the operational and expansion needs of businesses. Loan products include options for supply chain financing, machinery purchases, and working capital. Additionally, it provides specialized loan programs for women entrepreneurs and businesses focused on eco-friendly initiatives.
- Website
- kinaracapital.com
- Social
- Email ID
- *****@kinaracapital.com
- Phone Number
- +91 **********, +91 **********
- Registered Address
- #50, 2nd Floor, 100 Feet Road HAL 2nd Stage (Defence Colony), Indirana, gar, Bangalore, Bangalore, Karnataka, India, 560038
Key Metrics
Founded Year
2011
Location
Bengaluru, India
Stage
Series E
Total Funding
$123M in 14 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 30, 2024
Investors
Ranked
17th among 461 active competitors
Annual Revenue
₹692Cr as on Mar 31, 2025
Employee Count
1,201 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Legal entities associated with Kinara Capital
Kinara Capital is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Kinara Capital Private Limited CIN: U74899KA1996PTC068587 , India, Active | Dec 03, 1996 | $81.9M (As on Mar 31, 2025) | 1201 (As on Aug 31, 2025) |
Sign up to download Kinara Capital's company profile
Kinara Capital's funding and investors
Kinara Capital has raised a total funding of $123M over 14 rounds. Its first funding round was on Nov 21, 2011. Its latest funding round was a Series E round on Dec 30, 2024 for $*****. 3 investors participated in its latest round. Kinara Capital has 33 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Kinara Capital:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 30, 2024 | 7431442 | Series E | 2949009 | 8667518 | 3978830 | 9913146 |
May 03, 2024 | 3363738 | Conventional Debt | 3868388 | 1047424 | 4326390 | |
Sep 28, 2022 | 5709201 | Series E | 1218072 | 4004527 |
Access funding benchmarks and valuations. Sign up today!View details of Kinara Capital's funding rounds and investors
Kinara Capital's founders and board of directors
Founder? Claim ProfileThe founders of Kinara Capital is Hardika Shah. Hardika Shah is the CEO of Kinara Capital.
Here are the details of Kinara Capital's key team members:
- Hardika Shah: Founder & CEO of Kinara Capital. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
Kinara Capital's Board of Directors
Kinara Capital's board has 3 active members. Hardika Shah and Geoffrey Woolley are part of team and Anuj Sharma is independent board member.Here is the list of Kinara Capital's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 7m | |
siyxjce | Team | - | Current | 9y 3m |
Independent board member | - | Current | 0y 8m |
View details of Kinara Capital's Founder profiles and Board Members
Kinara Capital's employee count trend
Kinara Capital has 1,201 employees as of Aug 25. The total employee count is 43.0% lower than what it was in Aug 24. Here is Kinara Capital's employee count trend over the years:
Uncover Kinara Capital's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Kinara Capital's Competitors and alternates
Top competitors of Kinara Capital include WuXi AppTec, L & T Finance Holdings and AYEFin. Here is the list of Top 10 competitors of Kinara Capital, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | WuXi AppTec 2000, Shanghai (China), Public | Provider of CRO and CDMO services | $40M | 79/100 | |
2nd | L & T Finance Holdings 1994, Mumbai (India), Public | Diversified lending NBFI | - | 75/100 | |
3rd | Organization empowering economic transformation of micro enterprises | $164M | 74/100 | ||
4th | Tata Capital 2007, Mumbai (India), Public | Diversified non-banking financial company | - | - | 73/100 |
5th |  InPrime Finserv 2021, Bengaluru (India), Series A | Provider of financial services focused on priority sector lending in India | $10.6M | 71/100 | |
6th |  UC Inclusive Credit 2016, Bengaluru (India), Series A | Provider of financial inclusion services to underserved sectors | $12.4M | 70/100 | |
7th |  APAC Group 2017, Mumbai (India), Series B | Diversified NBFI | $90M | 69/100 | |
8th | Provider of working capital loans for small businesses | $273M | 69/100 | ||
9th | Diversified loan provider | $195M | 69/100 | ||
10th |  TVS Credit 2009, Chennai (India), Series C | Provider of consumer personal and auto loans | $123M | 68/100 | |
17th |  Kinara Capital 2011, Bengaluru (India), Series E | Provider of business loans for micro, small, and medium enterprises | $123M | 64/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Kinara Capital's competitors? Click here to see the top ones
Kinara Capital's Latest cap tables and shareholding
Founders own 8.51%, Funds (largest shareholder) own 73.46%, Parent Entities own 0.05% and Enterprises own 11.12%. The net worth of Kinara Capital's founders is INR 90.6Cr as of Dec 30, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 8.51% | 90.6Cr | 8338914 | 8371235 | 8329147 | 8102142 |
6614995 | 5218966 | 4356202 | 7298310 | 2707982 | 7991201 | |
Fund | 73.46% | 782Cr | 1824517 | 1014946 | 9504609 | 8448358 |
6753285 | 6969057 | 1100132 | 1158967 | 4382069 | 8826001 | |
9075276 | 6326653 | 8276676 | 9456099 | 6383598 | 3918317 | |
Parent Entity | 0.05% | 52.6L | 0 | 0 | 0 | 0 |
Enterprise | 11.12% | 118Cr | 2688570 | 1563609 | 8511527 | 3391802 |
Angel | 2.10% | 22.4Cr | 26 | 65 | 65 | 22 |
ESOP Pool | 4.76% | 50.7Cr | 4255 | 6978 | 3329 | 3970 |
Total | 100.00% | 1,060Cr | 8349673 | 4523808 | 8340972 | 3470835 |
To unlock detailed Cap Table of Kinara Capital Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Kinara Capital's Shareholding
Kinara Capital's Investments and acquisitions
Kinara Capital has a total of 1 investment in Seekmi. Kinara Capital has not made any acquisitions as of now.News related to Kinara Capital
Filter this listMedia has covered Kinara Capital for a total of 6 events in the last 1 year, 4 of them have been about company updates.
•
NBFC Kinara Capital Eyes INR 200 Cr Funding To Avert Debt Crisishtsyndication.com•Nov 13, 2025•Kinara Capital
•
Debt-laden Kinara Capital seeks to sell majority stake for survivalLivemint•Nov 12, 2025•Kinara Capital
•
Kinara Capital halts repayment till October after coordinatedMoneycontrol•Aug 07, 2025•Kinara Capital
•
•
Kinara Capital faces loss, audit warning amid bad loan sale and credit shockMoneycontrol•Jun 13, 2025•Kinara Capital
•
Aye Finance backer GAWA Capital marks first close of latest fundVCCircle•Mar 10, 2025•GAWA Capital, Kinara Capital, WayCool, Taze Aye and 1 other
•
Kinara Capital hit by NBFC stress: Breaches loan terms, plans stressed asset saleMoneycontrol•Feb 18, 2025•Kinara Capital
•
•
•
NXP Semiconductors to acquire Kinara for $307 millionSeeking Alpha•Feb 10, 2025•NXP Semiconductors, Kinara AI, Exfinity Venture Partners, Kinara Capital and 1 other
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Kinara Capital
Explore our recently published companies
- Robovision - Thessaloniki based, 2004 founded, Unfunded company
- Maxcalling.in - India based, Unfunded company
- Gaming Wale - 2019 founded, Unfunded company
- FreshX - New York City based, 2020 founded, Unfunded company
- PandaHeritage - Petaling Jaya based, 2022 founded, Unfunded company
- Nimo Technologies - 2024 founded, Unfunded company
