Alpen Capital has advised Shriram in raising a total of USD 300 million medium term facility from the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA).

The financing will be allocated to eligible sub-borrowers engaged in agriculture-linked and food-linked transportation in lagging states, promoting inclusive growth in underdeveloped regions of India.

About Shriram

Established in 1979, Shriram Finance Limited (SFL), part of the Shriram Group, offers diverse financial services including vehicle finance and insurance. Originally known as Shriram Transport Finance Company, SFL focuses on financing pre-owned commercial vehicles, aiding financial inclusion for driver-turned-owners. Post-merger with Shriram Transport Finance, Shriram City Union Finance, and Shriram Capital, SFL became India's largest retail Non-Banking Financial Company.

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.

About JICA

JICA is Japan’s official development assistance agency, supporting economic and social growth in developing countries through technical cooperation, concessional loans, and grant aid.