Kogta Financial (India) Ltd said it has raised $111 million in a Series D round of funding led by Mumbai-based private equity firm Multiples.
The funds will be used as primary capital to support Kogta’s continued rapid growth across products and regions and will also provide a full exit to Kogta’s first institutional investor in Series A, IIFL Seed Venture Fund.
Kogta Financial is a retail non-banking financial company (NBFC) based out of Jaipur. It specialises in vehicle and micro, small and medium enterprise (MSME) financing space.