<ul data-eligibleForWebStory="true"><li>Kinara Capital, once a rising star, faces challenges with bad loans and declining AUM.</li><li>Credit rating agencies downgrade Kinara Capital, citing concerns over financial stability.</li><li>Rise in bad loans leads to first-time loss in FY25, prompting need for fresh funds.</li><li>Company faces challenges due to sector-specific stress, increased customer overleveraging, and industry-wide shifts.</li><li>To improve financial stability, Kinara Capital seeks to raise funds and explore revenue channels.</li></ul>

From Profits To Peril: How Kinara Capital Lost Its Mojo

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