Partners Group Invests $230M in Infinity Fincorp for MSME Expansion
Swiss private equity giant Partners Group has invested Rs 1,950 crore (around $230 million) in Infinity Fincorp Solutions, a Mumbai-based non-banking financial company. The deal sees Partners Group acquiring approximately a 75 percent stake in Infinity, which specialises in providing secured loans to micro, small, and medium enterprises (MSMEs) in Tier II and III cities across India.
Partners Group, with over $150 billion in assets under management globally, has previously invested $2.5 billion in India. This latest transaction is subject to customary regulatory approvals. Infinity Fincorp, with assets under management exceeding Rs 1,200 crore and a net profit of Rs 25.7 crore in FY24, will use the fresh capital to fuel its expansion plans. These include branch rollouts, technology upgrades, and operational efficiencies. The MSME segment, a significant contributor to national GDP, is expected to see rising demand for credit, making Infinity's services increasingly vital. This investment follows Infinity's $40 million Series A extension in April and a $35 million round in January.
The partnership between Partners Group and Infinity Fincorp is set to bolster Infinity's digital transformation and expansion strategy, enabling it to better serve the growing credit needs of MSMEs in India's Tier II and III cities.
