Capri Global Capital has incorporated a new wholly owned subsidiary (‘WOS’) by the name Capri Loans Car Platform. The company has incorporated a WOS on October 16, 2023. The business of the new WOS is in line with the main line of business of the Company.
Earlier, the company had crossed Rs 2,000 crore milestone in Gold Loan AUM as of October 6, 2023. The AUM is inclusive of on-book AUM, colending AUM, and the AUM originated under the Business Correspondent model.
Capri Global Capital is engaged in the business of providing loans to Micro, Small and Medium Enterprises (MSMEs), providing long term finance for construction of residential houses in India, retail Lending in India and in providing ancillary services related to the said business activities.
