11/6/2025, 10:29:03 am

Motilal Oswal Financial to enter private credit, ropes in Modulus head

Motilal Oswal Financial Services is entering India’s growing private credit market, with Rakshat Kapoor, former CIO of Modulus Alternatives, leading the initiative. The firm plans to raise $250 million through its maiden private credit fund over four to six months, targeting mid- to large-sized companies. India’s private credit market reached $9.2 billion in 2023.