KFintech
Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Andhra Pradesh, 500032, India
Overview
KFin Technologies is an investor- and issuer-serving platform that provides financial technology solutions across asset classes including mutual funds, alternatives, insurance, and pension. The company serves 25 mutual funds and holds a 35% share in equity assets under management. KFin positions itself as a platform of choice for asset managers, investors and corporates, focusing on delivering client outcomes on demand. It is backed by private-equity investor General Atlantic. Kotak Mahindra Bank has agreed to invest Rs 310 crore to acquire a roughly 9.99% minority stake, adding financial support to the business. KFin’s leadership says the Kotak investment, alongside General Atlantic, will help the company advance its technology, business processes, leadership depth and governance. Management plans to use the support to build next-generation techfin solutions for financial infrastructure institutions.
- Total raised
- $42M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Sep 2021
Industries
- Financial Services
Recent funding
Equity
Sep 2021
$42M