Kinara Capital Awarded at Global SME Finance Forum 2024

Kinara Capital, a prominent fintech in India, received two prestigious awards at the Global SME Finance Forum 2024. They won the Platinum Award in the SME Financier of the Year – Global category and the Silver Award in the SME Financier of the Year – Asia category. These accolades highlight Kinara's significant contributions to MSME financial inclusion.


Devdiscourse News Desk | Bengaluru | Updated: 30-09-2024 16:54 IST | Created: 30-09-2024 16:54 IST

Kinara Capital, a premier fintech driving financial inclusion for MSMEs in India, claimed significant honors at the Global SME Finance Forum 2024 in São Paulo, Brazil. The firm secured the Platinum Award in the SME Financier of the Year – Global category and the Silver Award in the SME Financier of the Year – Asia category. Recognized for its innovative and leadership role in expanding financial inclusion, Kinara Capital's achievements were lauded by industry experts.

The Global SME Finance Forum, hosted annually by the SME Finance Forum, is an initiative under the G20 Global Partnership for Financial Inclusion (GPFI) and managed by the International Finance Corporation (IFC), a World Bank Group member. Speaking on the feat, Hardika Shah, Founder & CEO of Kinara Capital, emphasized their unwavering mission to revolutionize MSME financing in India.

Shah stated, "These recognitions affirm our role in uplifting underserved small business entrepreneurs in India." Notably, Kinara's multilingual myKinara App and AI/ML data-driven credit decisioning model have been pivotal in easing credit access for MSMEs, particularly benefiting women entrepreneurs. The fintech's milestone aligns with its vision of empowering MSMEs, contributing to job creation and economic growth.

(With inputs from agencies.)

Give Feedback