TPG’s Rise Funds to invest INR 5.25 billion in Arka Fincap
TPG•TPG’s The Rise Funds agreed to invest INR 5.25 billion in Arka Fincap, with a further INR 2.75 billion tranche dependent on business milestones and regulatory approvals.
1. Investment terms
TPG’s The Rise Funds agreed on Nov. 7, 2026, to invest INR 5.25 billion in Kirloskar-backed Arka Fincap. A subsequent INR 2.75 billion tranche depends on specified business milestones and regulatory approvals.
2. Use of funding
Arka, an Indian nonbank financial company with approximately INR 80 billion in assets under management, is expanding into secured retail lending. The funding will support geographic expansion and investment in technology and risk management.
