Gurugram-based non-banking lending company Clix Capital has secured approximately Rs 1,200 crore in debt funding this quarter, with around Rs 164 crore (USD 20 million) coming from the Global Climate Partnership Fund (GCPF) for financing sustainable projects. This infusion of green funds will enable Clix to support projects focused on sustainability and combating climate change.

Clix Capital plans to focus on healthcare equipment financing and education financing, particularly supporting new-generation hospital equipment complying with climate norms and funding schools emphasizing girl child education. The company aims to aggressively disburse funds in the healthcare and education sectors, with Rs 500 crore invested in healthcare and Rs 850 crore in schools. Clix's AUM closed at Rs 5,000 crore in FY23, and it targets to reach Rs 6,500 crore by the end of the current financial year.

Clix Capital is mainly owned by Apollo Global Management, along with individuals such as Pramod Bhasin and Anil Chawla. The company seeks to raise about Rs 4,500 crore in debt this year to meet its disbursal targets. The company previously worked closely with Paytm to provide loans to digital payment-accepting merchants, but it has now shifted its focus to different sectors.

In FY23, Clix Capital turned its net loss of Rs 98.5 crore into a net profit of approximately Rs 48.5 crore. CEO Rakesh Kaul aims to double the net profit this year. The company's gross NPAs have been reduced to 2.5 percent, and Kaul aims to further decrease it to below 2 percent by the end of the year.