Alpen Capital has successfully arranged a USD 150 million term debt facility for Piramal Finance Limited from the Asian Development Bank (ADB).
This landmark transaction will enable Piramal Finance to significantly scale its lending to India’s SME and MSME segments, with approximately 30% of the facility earmarked for women entrepreneurs, reinforcing its efforts to promote gender inclusion.
The transaction also highlights ADB’s continued commitment to inclusive economic development, with a clear focus on women-led enterprises and on strengthening access to finance for India’s small and medium-sized businesses.
About Piramal Finance Limited
Piramal Finance Limited is a leading NBFC in India which operates as a wholly owned subsidiary of Piramal Enterprises, one of India’s leading diversified business conglomerates. The company offers a comprehensive suite of retail and wholesale financial solutions, including home loans, loan against property, MSME financing, used-vehicle loans, and corporate lending, catering to a wide and diverse customer base across India.
About ADB
ADB is a multilateral financial institution dedicated to promoting economic growth and sustainable development in Asia and the Pacific by providing loans, technical assistance, and policy support to member countries.
Transaction Announcement
