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Axis Finance raises Rs 750 crore from Kedaara in preferential share sale for expansion

Business
Published on 25 April 2026
Axis Finance raises Rs 750 crore from Kedaara in preferential share sale for expansion

The fresh funds arrive after Axis Bank’s earlier Rs 1,500 crore

Axis Finance has raised Rs 750 crore from Kedaara Capital through a preferential issuance, adding to a recent Rs 1,500 crore infusion from Axis Bank. The company says the capital will strengthen its financial base and support expansion across retail, MSME and wholesale lending. Axis Finance’s business also grew 22% to Rs 47,692 crore.

  • Axis Finance secures Rs 750 crore from Kedaara Capital via preferential issuance
  • This follows a Rs 1,500 crore capital infusion from Axis Bank
  • Funds are aimed at strengthening the balance sheet and expansion plans
  • Company growth was 22%, with business at Rs 47,692 crore
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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