Fusion Finance, a Warburg Pincus-backed microfinance company, has successfully raised ₹800 crore through a rights issue. The funding round saw strong participation from existing institutional investors, including promoter Honey Rose Investment Ltd (an affiliate of Warburg Pincus LLC) and Creation Investments Fusion LLC. According to the promoter, the fresh capital will be used to bolster the company’s balance sheet. This strategic move positions Fusion Finance to capitalize on emerging market opportunities and reinforce its financial stability. The company aims to continue delivering sustainable, long-term value to its stakeholders, further strengthening its role in the evolving microfinance sector.
In a filing with the stock exchanges, Fusion Finance stated that its rights issue, launched on April 15, received robust backing from institutional shareholders. This strong participation underscores investor confidence in the company’s growth trajectory and solid business fundamentals. Following the announcement, shares of the Delhi-based non-banking finance company surged 8.37% intraday on Monday, reaching ₹166.
The rights issue comprised up to 6.11 crore partially paid-up equity shares priced at ₹131 each, including a ₹121 premium, totaling ₹799.86 crore. The proceeds are aimed at bolstering Fusion Finance’s capital adequacy, further reinforcing its position in India’s competitive microfinance sector. The successful capital raise and favorable market response signal strong investor confidence in the company’s strategy and future prospects. With enhanced financial strength, Fusion Finance is well-positioned to capitalize on growth opportunities and expand its footprint. The company remains committed to sustaining momentum and delivering long-term value to its stakeholders in an evolving financial ecosystem.
Fusion Finance is one of India’s leading Non-Banking Financial Company-Microfinance Institutions (NBFC-MFI), serving over 36 lakh clients. Founded with the mission to empower underserved and unserved women entrepreneurs in rural areas, the company focuses on creating opportunities at the bottom of the pyramid through accessible financial services. Despite being one of the youngest players in the sector, Fusion Finance ranks among the top NBFC-MFIs in the country, with an impressive Asset Under Management (AUM) of ₹10,599.37 crore. It continues to grow steadily, supported by a vast network of 1,506 branches across 22 states and 3 Union Territories.
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