Kogta Financial raises $148 million from Ontario Teachers’ Pension Plan
₹4,800 crore across commercial vehicles, passenger vehicles, tractors, construction equipment and MSME loans. As part of the investment, Rahul Mukim, director of private capital, India, is slated to join the board of Kogta as the nominee of Ontario Teachers’ Pension Plan.“Our investment in Kogta underscores our commitment to identifying and backing high-growth opportunities in India’s vibrant financial services sector.
The used vehicle and livelihood financing segment is significantly underpenetrated, and Arun and Varun have built a scalable business model with a strong focus on asset quality, deep technology orientation, and talent. We are excited to partner with them to further accelerate their growth trajectory," said Deepak Dara, senior managing director and head of India for Ontario Teachers’ Pension Plan.
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