Bangalore-based Kinara Capital has raised $14.5 million in Series C funding from multiple investors which will be deployed to expand its product portfolio and increase investment in technology.

Kinara Capital functions as a lender to micro, small and medium enterprises (MSMEs) who do not have property collateral to pledge.

The Series C funding, which denotes a company’s third injection of investment capital from outside sources, was infused by investors including existing investors such as Michael & Susan Dell Foundation and Patamar Capital, and new investors including Gaja Capital and Gawa Capital, according to the release.