Axis Finance to raise ₹2,250 crore from Axis Bank, Kedaara Capital to fund growth
Axis Finance Limited on Saturday announced a ₹2,250 crore primary capital raise, comprising a ₹1,500 crore rights issue from parent Axis Bank and a ₹750 crore infusion from Kedaara Capital through a preferential allotment. The investment marks Axis Finance’s first capital raise from an external investor and its largest primary fundraise to date. The Kedaara…
