Kogta Financial raises Rs 300 cr in round led by Malaysia's Creador

The retail non-banking financial company specialises in secured retail used and new vehicles and MSME financing.

Kogta Financial (India) has raised Rs 300 crore in a Series C funding round led by Malaysia based private equity firm Creador IV L.P., along with Morgan Stanley Private Equity. The Jaipur-based retail non-banking financial company specializes in secured retail, used and new vehicles and MSME financing.

The company said it has significantly expanded its branch network and has augmented its second-line of the management team and borrowing relationships. It is now poised to reap the benefits of this expansion post the fresh fund infusion.

“The experienced team at Creador will help us further strengthen our systems and processes as