Mumbai, Nov. 12 -- Crisis-hit non-bank financier Kinara Capital Pvt. Ltd is tapping strategic investors-fintechs and other non-banking financial companies (NBFCs)-to pump in funds in exchange for a majority stake in the company, said founder and chief executive Hardika Shah.

Shah said she is hoping to raise a few hundred crores by selling a majority stake in the business, helping the company restart lending.

"Putting myself in their shoes, I would see this as a strategic investment, which means they would want full control of which direction to take that entity," she said in an interview, declining to share names since the conversations are at a preliminary stage.

Backed by Gaja Capital, British International Investment, and others, th...