The loan from IKF Finance will contribute to Red Fort Capital's goal of achieving an asset under management (AUM) of over Rs 1.75 billion by the end of the financial year

Red Fort Capital, an investment-grade finance company headquartered in Mumbai, has secured a term loan of Rs 75 million from IKF Finance in Chennai and Rs 40 million from Usha Financial Services.

These funds will support Red Fort Capital’s mission to provide quick business loans to MSMEs and expand its loan book. The loan from IKF Finance will contribute to Red Fort Capital's goal of achieving an asset under management (AUM) of over Rs 1.75 billion by the end of the financial year.

Red Fort Capital Secures Term Loan Form IKF Finance, Usha Financial

The loan from IKF Finance will contribute to Red Fort Capital's goal of achieving an asset under management (AUM) of over Rs 1.75 billion by the end of the financial year