Indel Money, a gold-loan NBFC, appointed Lincoln International to raise $30-40 million from PE funds. This funding supports growth initiatives and prepares the company for a public offering by FY29. The NBFC plans two equity infusions before its IPO. Indel Money aims to evolve as a financial service provider. Its asset under management grew to ₹2,700 crore in FY25.
from Banking/Finance-Industry-Economic Times https://ift.tt/0Kf5bis
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