The sixth investment in Infinity Fincorp Solutions has been announced by Beams Fintech Company, a growth-stage private equity company that specializes in Fintech and Financial Services. Beams has taken part in their $40 million investment round's Series A extension.
Infinity Fincorp, supported by True North LLP Private Equity Fund, has recently obtained equity investments from investors such as Archerman Capital and Jungle Ventures.
According to a press statement from Infinity Fincorp, the new funding will be utilized to deepen its footprint throughout the six states and increase the loan book.
Infinity Fincorp Solutions was founded by Shrikant Ravalkar and is a micro-LAP (Loan Against Property) financing company that offers underserved micro-entrepreneurs, such as tea shop owners, vegetable vendors, small machine enterprises, restaurants, provision stores, and many more businesses, loans ranging from Rs. 3-5 lakh.
Tier 3 towns in Andhra Pradesh, Tamil Nadu, Telangana, Madhya Pradesh, and Rajasthan are the focus of Infinity Fincorp. The company asserts that it has a strong presence in the Micro LAP market in southern India and a track record of achieving significant growth and ROA/ROE.
Market study projects that over the next five to ten years, the Micro LAP segment as a whole will expand at a compound annual growth rate (CAGR) of 15-20%.
According to Infinity Fincorp, its loan book was worth over Rs. 1100 crore as of January 2025, and it is expected to conclude FY2025 at Rs. 1250 crore, representing a 67% increase in just one year. Due to its substantial size (Rs. 1,000 crore), it is now categorized as a Middle Layer NBFC rather than Base Layer.
Beams Fintech Fund is a mid-market private equity fund that invests in market-leading Fintech, Financial Services, and B2B SaaS companies. It has an AUM of Rs. 900 crore. Beams collaborate with forward-thinking founders to promote scalability, profitability, and long-term value creation through a diverse portfolio of high-growth companies.
