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The shares were picked up by a clutch of institutional investors, including Integrated Core Strategies (Asia), Singularity Large Value Fund III and F3 Advisors.
The company recorded a 61% year-on-year increase in assets under management (AUM) to Rs 8,001 crore in Q1 FY27.
The bank has not issued a statement of any breach yet but the scale of the claim has triggered alarm among cybersecurity watchers.
Under the agreement, BlackSoil will absorb the entire solar financing vertical, including its leadership team, technology stack, brand assets and operational framework.
The company will use the fresh capital to boost financing for solar energy solutions across rural India.
MSME lender Aye Finance's initial public offering (IPO) is set to open for bidding next week, February 9-11.
The dispute centres on what a person aware of the development describes as a dramatic collapse in Lendingkart's lending operations under the current management.
An international gang, which was operating from Dubai, China, Hong Kong, and the Philippines, was behind the hacking.
Earlier in February this year, CreditAccess had raised $50 million from International Finance Corp (IFC).
The profit during the financial year, ended March 31, 2025, stood at Rs 171 crore, compared to Rs 161 crore in FY24.
After posting a profit of Rs 62 crore in FY24, the nbfc Kinara Capital swung to a loss of Rs 351 crore in FY25.
