Trident Growth Partners leads Rs 200 Cr round in Credit Wise Capital

Growth-stage private equity firm Trident Growth Partners (TGP) has announced a Rs 120 crore investment in Credit Wise Capital (CWC) as part of a Rs 200 crore round, marking the Mumbai-based NBFC’s first institutional fundraise. 

This is the second investment from TGP’s Rs 2,000 crore maiden fund.

The proceeds will be used to scale Credit Wise Capital’s secured lending portfolio, enhance its proprietary SaaS lending platform,…