ORIX India Secures ₹300 Crore Boost for Expansion and Innovation

ORIX Corporation India has secured ₹300 crore in equity from its Japanese parent, ORIX Corporation, to fuel growth and expansion in India's mobility and financial services sectors. The investment will aid in scaling operations, digital transformation, and green mobility initiatives, reinforcing ORIX's commitment to the Indian market.

In a strategic move, ORIX Corporation India has secured an equity infusion of ₹300 crore from its parent company, ORIX Corporation, headquartered in Japan. The funds are aimed at propelling growth and expanding the company's presence in India's burgeoning mobility and financial services markets.

This latest investment underscores ORIX Corporation's commitment to strengthening its foothold in India. It will support the expansion of ORIX India's leasing, mobility, and financial services operations and drive key initiatives like digital transformation, infrastructure enhancement, and sustainability, including green mobility and electric vehicle leasing.

Executive Officer Yoshiaki Matsuoka reaffirmed the company's dedication to the region, while ORIX India's CEO Vivek Wadhera highlighted the infusion as a pivotal moment in their growth trajectory, showcasing confidence in the Indian market and opening new avenues for innovation.

(With inputs from agencies.)