Advik Capital is looking to expand its personal loans, gold loans and consumer durable financing portfolios in addition to its corporate loan segment. Besides, the company is open to exploring partnerships with financial technology companies as it looks to expand business.
Advik Capital, which is listed on NSE and BSE, last month launched a rights issue to raise around Rs 50 crore. It plans to deploy the proceeds instantly in hybrid annuity model funding.
Advik Capital is one of the emerging Non-deposits taking Non- Banking Finance Company (NBFC) registered with Reserve Bank of India, New Delhi