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Capital First Limited
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Founded by V. Vaidyanathan, Capital First Limited was a prominent Indian financial institution focused on the MSME and consumer financing sectors. The company leveraged technology to build a diversified loan portfolio, offering products such as business loans, loan against property, and consumer durable loans. Its mission was to finance the aspirations of India's entrepreneurs and emerging middle class. In a landmark deal, Capital First merged with the infrastructure-focused IDFC Bank in December 2018. The merger created a new, full-service universal bank named IDFC FIRST Bank, combining Capital First's retail lending expertise with IDFC Bank's wholesale banking and infrastructure financing capabilities.
India
Industry
Financial