‘Human-centred design is now humanity-centred design’ – 25 quotes from India’s COVID-19 struggle
In this compilation, we present thought-provoking quotes from the week of February 22-28 that frame India’s battle with the coronavirus pandemic.
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The pandemic is building a different world filled with complexities yet brimming with opportunities. - Daisy Chittilapilly, Cisco
If 2020 was a year of disruption and transition for businesses, 2021 will be the year of continued evolution. - Nikhil Arora, GoDaddy
As the lockdown restrictions are progressively being eased off and the COVID-19 vaccination drive has kicked off, we are already witnessing early signs of a recovery. - Atul Shinghal, Scripbox
Kinara Capital
Kinara Capital secures USD 10 million from IndusInd Bank with 100 percent guaranty from U.S. International Development Finance Corporation (DFC) ANI | Updated: Feb 22, 2021 15:19 IST
Bengaluru (Karnataka) [India], February 22 (ANI/BusinessWire India): Kinara Capital, a socially responsible fintech, today announced securing USD USD 10 million (INR 74 crores) from IndusInd Bank with a 100 per cent guaranty from the U.S. International Development Finance Corporation (DFC). This is a part of a debt and equity round of INR 100 crores, with equity contribution coming from Kinara s existing investors - Gaja Capital, GAWA Capital, Michael and Susan Dell Foundation (MSDF) and Patamar Capital.
This investment will be utilized by Kinara Capital towards the expansion of MSME financial inclusion across manufacturing, trading, and services sectors in India. Kinara Capital is at the forefront of driving financial inclusion in India and has d
Kinara Capital secures USD 10 million from IndusInd Bank saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
Small businesses-focused non-banking lender Kinara Capital has secured USD 10 million from IndusInd Bank with 100 per cent guarantee from the US International Development Finance Corporation. The Bengaluru-based NBFC, which has so far disbursed Rs 2,000 crore collateral-free small business loans to over to over 56,000 customers since inception, said it will use the money for on-lending to small businesses over the next five years. It said the latest debt funding is part of a debt and equity round of Rs 100 crore, with equity contribution coming from existing investors Gaja Capital, Gawa Capital, Michael and Susan Dell Foundation and Patamar Capital. Kinara lends to MSMEs across manufacturing, trading and services sectors, Hardika Shah, founder and chief executive said.
The funds will be used by Kinara Capital for expanding financial inclusion of MSMEs, across manufacturing, trading, and services sectors in India. It has has disbursed Rs2,000 crore across 56,000 collateral-free small business loans