IKF Finance Limited, established in 1991 and headquartered in Vijayawada, is a well-known NBFC focused on asset-backed lending to underserved customers in semi-urban and rural India. The company provides customized and secured loan solutions mainly to self-employed individuals and small businesses, using technology to improve credit assessment and customer experience. Its product range includes commercial vehicle loans, construction equipment loans, tractor and three-wheeler loans, car loans, MSME loans, and affordable housing loans through its wholly owned subsidiary IKF Home Finance. IKF operates over 165 branches across nine states and serves more than 62,000 active customers, promoting financial inclusion in smaller markets. Led by Founder and Chairman V.G.K. Prasad along with a strong management team, the promoters hold around 42.84% stake as of March 2024. The company raised ₹120 crore from TIAA in April 2024 and is in advanced talks to raise additional growth capital to expand f...