New Delhi, February 9 NBFC firm Purple Finance plans to raise ₹69.30 crore through the issuance of 1.26 crore equity warrants at ₹55 each, subject to applicable regulatory approvals.
The decision was taken in the board meeting held on February 6, Purple Finance said in a regulatory filing.
The continued participation from both existing and new investors underscores growing confidence in Purple Finance's business model, governance framework, and long-term growth strategy, as the company further strengthens its capital base to support expansion, the company said.
Since its listing in June 2024, Purple Finance has followed a phased approach to capital raising, it said, adding, the company raised ₹44 crore in October 2024, followed by ₹40 crore through a rights issue in June 2025, secured ₹39 crore in December 2025 through equity warrants, and now ₹69 crore to support the company's growth plans.
Backed by consistent capital support and prudent execution, Purple Finance has expanded to 45 branches, with Assets Under Management (AUM) of around ₹210 crore as of January 2026, and a team of approximately 430 employees.