Kanakadurga Finance LTD

Kanakadurga Finance Limited was incorporated in 1994 and is a Reserve Bank of India (RBI)-registered asset finance company and non-banking financial company (NBFC). The company is primarily engaged in vehicle financing and gold loans, with operations across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Puducherry, Gujarat, and Madhya Pradesh. The company is promoted by Sandireddy Lakshmi Narayana, who has over three decades of experience in the vehicle finance industry. Its operations are led by Managing Directors Jayaprakash Narayana Chowdary and S. Sriman Narayana, with additional backing from private equity investor BanyanTree Growth Capital II, LLC. Kanakadurga's key strengths include its experienced promoter family, established presence in vehicle financing, diversified lending portfolio, and strong regional franchise across southern and western India. The company also benefits from an experienced management team and institutional support from its private equity investor.