Kaleidofin Capital raises $5 million debt fund
Chennai: NBFC Kaleidofin Capital (KCPL) has secured a $5 million (approximately Rs 48 crore) debt facility through Non-Convertible Debentures (NCDs) from Women’s Livelihood Bond (WLB) Asset VIIB Pte., which is a Special Purpose Vehicle established by Impact Investment Exchange (IIX), Singapore.The f
Chennai: NBFC Kaleidofin Capital (KCPL) has secured a $5 million (approximately Rs 48 crore) debt facility through Non-Convertible Debentures (NCDs) from Women’s Livelihood Bond (WLB) Asset VIIB Pte., which is a Special Purpose Vehicle established by Impact Investment Exchange (IIX), Singapore.The funds will be deployed across the clean energy and financial inclusion sectors, the company said in a statement here on Tuesday.
This four-year debenture marks Kaleidofin Capital’s entry into a new pool of international impact capital, it added. “This investment, supported by the Orange Bond certification, validates our focus on expanding responsible credit access while creating measurable economic opportunities for women and underserved communities,” its managing director Puneet Gupta said.You Can Also Check: Gold Rate in Chennai | Silver Rate in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Chennai AQI | Weather in Chennai | Petrol Price in Chennai | Diesel Price in Chennai | CNG Price in Chennai | LPG Price in ChennaiStay updated with the latest Chennai news.
Download the TOI App.