Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 Cr

Global investment firm Partners Group is set to acquire a majority stake in Mumbai-based NBFC Infinity Fincorp Solutions for ₹1,950 crore, making it one of the largest private equity deals in India’s NBFC sector this year. 

The transaction includes a ₹600 crore capital infusion and the purchase of shares from existing investors such as Indium IV (Mauritius), advised by True North Managers LLP and others. 

Existing investor Jungle Ventures also participated in the round. The deal is subject to approval from the Reserve Bank of India (RBI).

Infinity Fincorp primarily lends to small and medium enterprises in Tier II and III towns across eight Indian states. It plans to use the funds to expand its branch network and invest in technology to streamline customer onboarding and lending operations. 

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Currently, Infinity operates over 120 branches, has an asset under management (AUM) of more than ₹1,200 crore, and serves around 50,000 customers.

"The MSME segment contributes a significant share of national GDP, and we expect demand for credit will continue to rise. We believe non-bank lenders such as Infinity have advantages in catering to these enterprises due to their highly specialised operations that are better suited to providing customised solutions," said Vageesh Gupta, Managing Director, Private Equity, Partners Group.

"We are dedicated to empowering entrepreneurs and business owners across Tier III towns in India, through flexible, need-based lending solutions that are designed to create long-term impact," said Ravalkar.

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 “We welcome Partners Group and intend on leveraging their operational expertise to further broad base our mission of serving the Indian MSME sector.” Murali Krishnan Nair, Member of Management, Private Equity at Partners Group, said, “Our strong thematic focus on non-bank lenders in India and experience in scaling Aavas (Aavas Financiers) positions us well to work closely with Shrikant Ravalkar and his team to drive the next round of value creation.”

About Infinity Fincorp

Mumbai-based Infinity provides loans to small and medium businesses (MSMEs) across India, especially in towns and cities where banking access is limited. It offers customized secured loans through its network of over 120 branches in eight states and manages assets worth ₹1,200 crore (about $140 million).

Infinity supports around 50,000 customers, mainly in agriculture, trading, and manufacturing. These businesses are mostly located in smaller towns.

India’s MSME sector has a credit gap of ₹33 lakh crore and is growing at 16% annually. Infinity is tapping into this opportunity, boosted by strong economic growth, more formal lending systems, government support, and faster digital loan processing.

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