CURRENT AFFAIRS

Detailed explanation-1: -Bengaluru-based fintech firm Kinara Capital has signed Indian cricketer Ravindra Jadeja as its brand ambassador. With this partnership, the company aims to boost its outreach in financing the MSME sector. Founded in 2011, the firm has disbursed over 70, 000 collateral-free loans till date.

Detailed explanation-2: -Kinara Capital, a fintech firm has launched its ‘Jadeja Bats For Kinara’ advertising campaign featuring the company’s brand ambassador Ravindra Jadeja.

Detailed explanation-3: -With the latest equity round, Kinara Capital gains two new members on its Board of Directors in Nuveen’s Managing Director & Co-Head of Private Equity Impact, Rekha Unnithan, and Nuveen’s Director of Private Equity Impact, Stephen Lee. Triple Jump will be part of the board observer.

Detailed explanation-4: -Kinara Capital is a socially responsible fintech driving last-mile financial inclusion of small business entrepreneurs in India by providing fast & flexible collateral-free business loans.

Detailed explanation-5: -Founded in 2011, Kinara Capital is addressing the massive MSME credit gap by providing fast and flexible collateral-free business loans with a blend of digital processes and doorstep customers service.