Indian NBFC Kogta raises $148m from Ontario Teachers’ Pension Plan

Indian NBFC Kogta raises $148m from Ontario Teachers’ Pension Plan

The Ontario Teachers’ Pension Plan Board has acquired a significant minority stake in Kogta Financial (India), a focused non-banking financial company (NBFC) specialising in the secured vehicle and MSME financing space, for Rs 1,230 crore ($148 million).

Edited by: Joymitra Rai