Switzerland-based private capital firm Partners Group, acting on behalf of its clients, has agreed to acquire a significant majority stake in Infinity Fincorp Solutions, a non-bank lender in India.

The investment of 19.5 billion Indian rupees ( US$230 million ) in Infinity was led by Partners with participation from certain existing shareholders. The investment includes a primary issuance of 6 billion rupees, along with a secondary purchase from Indium IV ( Mauritius ) Holdings, managed by Global Opportunity Advisors Mauritius, which is advised by True North Managers.

Infinity, headquartered in Mumbai, serves unbanked and underbanked communities across India, enabling, the lender says, "small businesses and entrepreneurs to unlock their growth potential” by offering customized secured loans from over 120 branches across eight states.

The lender has more than 12 billion rupees in assets under management, and it has around 50,000 customers, many of which work in the agriculture, trading and manufacturing sectors and are typically based in smaller towns and cities across the country.

Operating in the micro, small and medium-sized enterprise ( MSME ) segment in India, Infinity notes that it is benefitting from thematic tailwinds, including strong economic growth nationally, the formalization of lending processes, growing government support and rapid digitalization, which is accelerating the time taken from customer onboarding to loan provision.

Partners, it says, will leverage its experience working with Aavas Financiers, an affordable housing finance provider in India that the firm acquired in 2016 and exited in 2025, to implement transformational value creation initiatives. These include accelerating the branch roll out to reach more customers, investing in technology to enhance customer experienc and improving operational efficiencies.

Shrikant Ravalkar, Infinity’s CEO, adds: "We are dedicated to empowering entrepreneurs and business owners across tier-3 towns in India through flexible, need-based lending solutions that are designed to create long-term impact. We intend on leveraging Partners’ operational expertise to further broad-base our mission of serving the Indian MSME sector.”

Partners has invested US$2.5 billion in India since inception, including in Vishal Mega Mart, a leading retailer that recently listed on the country’s stock exchanges.