The investment marks Axis Finance’s first capital raise from an external investor and its largest primary fundraise to date. The Kedaara Capital infusion remains subject to regulatory approvals.
The company said the capital raise will strengthen its Tier 1 capital and overall capital adequacy, positioning it to expand lending across retail, MSME and wholesale segments. Axis Finance has been building a diversified lending platform with exposure to both secured and unsecured credit.
Axis Bank Managing Director and CEO Amitabh Chaudhry said the infusion reflects the group’s long-term commitment to scaling the NBFC business while maintaining a focus on governance and risk management.
Axis Finance Managing Director and CEO Sai Giridhar said the additional capital would support calibrated growth and investments in technology and distribution, as credit demand in India continues to expand.
Also Read: Axis Bank Q4 Results: Profit flat but beats estimates; NIMs slip
Kedaara Capital’s Sunish Sharma said the firm sees strong structural growth opportunities in India’s credit market and expects Axis Finance to benefit from its diversified lending presence.
The transaction was advised by Morgan Stanley and Axis Capital on the financial side, with legal counsel from Cyril Amarchand Mangaldas and Veritas Legal.
First Published: Apr 25, 2026 7:58 PM IST
