Kedaara picks up 5% in Axis Finance for Rs750 crore, sets benchmark for IPO-headed NBFC
Published on: April 25, 2026, 9:35 p.m. | Source: Livemint
Axis Finance has raised Rs750 crore from Kedaara Capital for a 5.08% stake, marking its first external funding. This capital boost strengthens its financial base as it jostles in India's extremely competitive credit market—preparing for a future IPO under regulatory requirements.
