|
VMPL
Mumbai (Maharashtra) [India], October 30: LKP Finance Limited (BSE: 507912), a leading BSE-listed fintech company under the Mufin Group, proudly announces the successful closure of a 125 crore equity funding round. This strategic raise, led by SAGE ONE Investments--a renowned investment firm known for its disciplined approach and transformative bets in high-growth sectors--is complemented by contributions from the family office of Siddharth Iyer, Sandeep Kapadia, cricketer Shreyas Iyer, Mohit Agarwal, NAV Capital and other prominent high-net-worth Investors. The capital infusion will accelerate LKP's mission to pioneer asset-light, technology-driven financial services, focusing on scalable, innovative solutions such as embedded payments and AI-powered platforms. This investment strengthens LKP's position to capitalize on India's rapidly evolving fintech landscape, targeting a 50% growth in platform engagement by FY26. Bolstered by its recent integration into the Mufin Group, LKP leverages a robust net worth exceeding 350 crore to pursue high-margin, low-overhead fintech solutions. The company's focus on asset-light models positions it as a leader in delivering accessible, efficient financial services to diverse user base. About LKP Finance Limited Established in 1984 and listed on the BSE, LKP Finance Limited is a dynamic fintech innovator, dedicated to asset-light, technology-first solutions in financial services. As part of the Mufin Group, LKP serves over 10,00,000 users nationwide, blending cutting-edge technology with a commitment to transformative impact. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
|
