Piramal Finance raises $350 million with plans for additional $150 million
📈 Piramal Finance Prepares $500 Million Fundraise for FY26 Credit Expansion
Piramal Finance is on track to raise **\$500 million** in the fiscal year 2026 (FY26) to fuel its credit expansion into underserved markets.
The non-bank lender has already secured **\$350 million** of this target. Commitments have been finalized with the **International Finance Corporation (IFC)** and the **Asian Development Bank (ADB)**.
Piramal Finance is currently in advanced discussions with other **development finance institutions (DFIs)** to secure the remaining **\$150 million** needed to complete the total fundraising goal. This capital injection is specifically designated to support the company's planned credit growth initiatives.