Companies

Fullerton India raises ₹750 crore from parent Fullerton Financial Holdings

Our Bureau Mumbai | Updated on June 01, 2020 Published on June 01, 2020

Fullerton India, a leading non-banking finance company, has raised ₹750 crore from its parent company Fullerton Financial Holdings.

This additional capital will enable Fullerton India to further reach out to individuals and small businesses (MSMEs) by providing credit-based solutions to customers’ needs.

“This infusion will act as an additional capital buffer currently and convert to growth capital as we gradually reopen business. As bulk of our branches are in Green and Orange zones, we are well placed to bounce back strongly and re-connect with customers to assess their needs and provide solutions,” said Fullerton India is a wholly-owned subsidiary of Fullerton Financial Holdings, which in turn is a wholly-owned subsidiary of Temasek Holdings, Singapore.

Published on June 01, 2020
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