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Business Standard
10-07-2025
- Business
- Business Standard
Partners Group to acquire majority stake in Infinity Fincorp for ₹1,950 cr
Infinity Fincorp Solutions, a leading non-bank lender, has signed a share purchase and subscription agreement with Partners Group, as part of which the latter will acquire a significant majority stake in the business, the company said in an official statement. The transaction is subject to regulatory approval. The total deal is worth ₹1,950 crore (approximately $230 million), including a primary issuance of ₹600 crore (around $70 million) of shares, as well as a secondary purchase of shares from Indium IV (Mauritius) Holdings Ltd, a fund managed by Global Opportunity Advisors (Mauritius) Ltd and advised by True North Managers LLP, along with other shareholders. Jungle Ventures, an existing investor, has also participated in the funding round. Avendus Capital acted as the exclusive financial advisor to both Infinity and Indium IV (Mauritius) Holdings for this transaction. Supporting MSMEs across India Mumbai-based Infinity focuses on lending to unbanked and under-banked micro, small and medium enterprises (MSMEs) across India, providing them with secured, customised loans. The sector's credit gap is estimated to be ₹33 trillion and is increasing by about 16 per cent annually. Infinity manages more than ₹1,200 crore (roughly $140 million) in assets and serves about 50,000 customers through more than 120 branches across eight states, mainly in agriculture, trading and manufacturing sectors in smaller towns and cities. The fresh capital raised will be used to accelerate branch expansion and invest in technology that will improve customer experience and onboarding. Strengthening operations and expanding reach 'We welcome Partners Group and intend on leveraging their operational expertise to further broad-base our mission of serving the Indian MSME sector,' said Shrikant Ravalkar, founder, managing director (MD) and chief executive officer (CEO) of Infinity, in a statement. 'We are dedicated to empowering entrepreneurs and business owners across Tier 3 towns in India, through flexible, need-based lending solutions that are designed to create long-term impact.' In a media statement, Vageesh Gupta, MD (private equity) at Partners Group, said: 'The MSME segment contributes a significant share of national GDP and we expect demand for credit will continue to rise. We believe non-bank lenders such as Infinity have advantages in catering to these enterprises due to their highly specialised operations that are better suited to providing customised solutions.'
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Business Standard
10-07-2025
- Business
- Business Standard
Partners Group to acquire majority stake in Infinity Fincorp for ₹19.5 bn
Infinity Fincorp Solutions, a leading non-bank lender, has signed a share purchase and subscription agreement with Partners Group, as part of which the latter will acquire a significant majority stake in the business, the company said in an official statement. The transaction is subject to regulatory approval. The total deal is worth ₹19.5 billion (approximately USD 230 million), including a primary issuance of ₹6 billion (around USD 70 million) of shares, as well as a secondary purchase of shares from Indium IV (Mauritius) Holdings Ltd, a fund managed by Global Opportunity Advisors (Mauritius) Ltd and advised by True North Managers LLP, along with other shareholders. Jungle Ventures, an existing investor, has also participated in the funding round. Avendus Capital acted as the exclusive financial advisor to both Infinity and Indium IV (Mauritius) Holdings for this transaction. The fresh capital raised will be used to accelerate branch expansion and invest in technology that will improve customer experience and onboarding. Strengthening operations and expanding reach 'We welcome Partners Group and intend on leveraging their operational expertise to further broad-base our mission of serving the Indian MSME sector,' said Shrikant Ravalkar, founder, managing director (MD) and chief executive officer (CEO) of Infinity, in a statement. 'We are dedicated to empowering entrepreneurs and business owners across Tier 3 towns in India, through flexible, need-based lending solutions that are designed to create long-term impact.' In a media statement, Vageesh Gupta, MD (private equity) at Partners Group, said: 'The MSME segment contributes a significant share of national GDP and we expect demand for credit will continue to rise. We believe non-bank lenders such as Infinity have advantages in catering to these enterprises due to their highly specialised operations that are better suited to providing customised solutions.'
Economic Times
10-07-2025
- Business
- Economic Times
Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore
ETtech Shrikant Ravalkar, Founder, MD & CEO Infinity. Swiss private equity firm Partners Group will acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-bank lender focused on MSMEs, through an investment of Rs 1,950 crore (around $230 million), the companies said on deal, which includes participation from existing shareholder Jungle Ventures, comprises a primary infusion of Rs 600 crore ($70 million) and a secondary purchase of shares from Indium IV (Mauritius) Holdings and other shareholders. ET first reported on the potential transaction on June 20. 'Infinity Fincorp Solutions, a leading non-bank lender in India, has entered into a share purchase and subscription agreement with Partners Group, whereby Partners Group will acquire a significant majority stake in the company,' said the joint statement issued by the two companies on Fincorp plans to use the fresh capital to expand its branch network, invest in technology, and improve customer onboarding and experience. The investment is subject to regulatory approvals. 'We are dedicated to empowering entrepreneurs and business owners across Tier 3 towns in India through flexible, need-based lending solutions that are designed to create a long-term impact,' said Shrikant Ravalkar, founder, managing director and CEO of Infinity Fincorp. 'We welcome Partners Group and intend on leveraging their operational expertise to further broad base our mission of serving the Indian MSME sector.' Founded in 2017, Infinity Fincorp provides secured loans to micro, small, and medium enterprises, primarily in tier II and tier III cities. The company has more than Rs 1,200 crore ($140 million) in assets under management, around 50,000 customers, and operates over 120 branches across eight states. Its customer base spans sectors such as agriculture, manufacturing, and trading. "The MSME segment contributes a significant share of national GDP, and we expect demand for credit will continue to rise. We believe non-bank lenders such as Infinity have advantages in catering to these enterprises due to their highly specialised operations, which are better suited to providing customised solutions,' said Vageesh Gupta, managing director, private equity, Partners to Tracxn, Infinity Fincorp posted a net profit of Rs 25.72 crore in FY24, on revenue of Rs 143.7 latest funding comes after Infinity Fincorp raised $40 million in an extended Series A round in April that was led by Beams Fintech Fund, with participation from True North, Jungle Ventures, and Archerman Capital. In January, the company had raised $35 million from Jungle Ventures, Archerman Capital, and Magnifico. Partners Group, which manages over $150 billion in assets globally, has previously invested in Indian companies such as Darwinbox, Ecom Express, and Vishal Mega Mart. In April, the firm exited Ecom Express by selling its stake to Delhivery in an all-cash deal worth Rs 1,407 crore, alongside co-investors Warburg Pincus and British International Investment. The firm has deployed $2.5 billion in India to date. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Markets need to see more than profits from Oyo Can Grasim's anti-competition charge against Asian Paints stand amid intense war Engine fuel switches or something else? One month on, still no word on what crashed AI 171 Delhivery survived the Meesho curveball. Can it keep on delivering profits? Stock Radar: Page Industries breaks out from Cup & Handle formation; stock hits fresh 52-week high For risk-takers with ability to stay invested for the long term: 5 small-caps from different sectors with upside potential of 5 to 32% Multibagger or IBC - Part 14: This auto ancillary with double-digit net margins is now getting EV-focused These mid-cap stocks with 'Strong Buy' & 'Buy' recos can rally over 25%, according to analysts
Time of India
10-07-2025
- Business
- Time of India
Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore
The deal, which includes participation from existing shareholder Jungle Ventures, comprises a primary infusion of Rs 600 crore ($70 million) and a secondary purchase of shares from Indium IV (Mauritius) Holdings and other shareholders. Infinity Fincorp plans to use the fresh capital to expand its branch network, invest in technology, and improve customer onboarding and experience. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Swiss private equity firm Partners Group will acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-bank lender focused on MSMEs, through an investment of Rs 1,950 crore (around $230 million), the companies said on deal, which includes participation from existing shareholder Jungle Ventures, comprises a primary infusion of Rs 600 crore ($70 million) and a secondary purchase of shares from Indium IV (Mauritius) Holdings and other shareholders. ET first reported on the potential transaction on June 20.'Infinity Fincorp Solutions, a leading non-bank lender in India, has entered into a share purchase and subscription agreement with Partners Group, whereby Partners Group will acquire a significant majority stake in the company,' said the joint statement issued by the two companies on Fincorp plans to use the fresh capital to expand its branch network, invest in technology, and improve customer onboarding and experience. The investment is subject to regulatory approvals.'We are dedicated to empowering entrepreneurs and business owners across Tier 3 towns in India through flexible, need-based lending solutions that are designed to create a long-term impact,' said Shrikant Ravalkar, founder, managing director and CEO of Infinity Fincorp. 'We welcome Partners Group and intend on leveraging their operational expertise to further broad base our mission of serving the Indian MSME sector.'Founded in 2017, Infinity Fincorp provides secured loans to micro, small, and medium enterprises , primarily in tier II and tier III cities. The company has more than Rs 1,200 crore ($140 million) in assets under management, around 50,000 customers, and operates over 120 branches across eight states. Its customer base spans sectors such as agriculture, manufacturing, and trading."The MSME segment contributes a significant share of national GDP, and we expect demand for credit will continue to rise. We believe non-bank lenders such as Infinity have advantages in catering to these enterprises due to their highly specialised operations, which are better suited to providing customised solutions,' said Vageesh Gupta, managing director, private equity, Partners to Tracxn, Infinity Fincorp posted a net profit of Rs 25.72 crore in FY24, on revenue of Rs 143.7 latest funding comes after Infinity Fincorp raised $40 million in an extended Series A round in April that was led by Beams Fintech Fund, with participation from True North, Jungle Ventures, and Archerman Capital. In January, the company had raised $35 million from Jungle Ventures, Archerman Capital, and Group, which manages over $150 billion in assets globally, has previously invested in Indian companies such as Darwinbox, Ecom Express, and Vishal Mega Mart . In April, the firm exited Ecom Express by selling its stake to Delhivery in an all-cash deal worth Rs 1,407 crore, alongside co-investors Warburg Pincus and British International Investment. The firm has deployed $2.5 billion in India to date.
