Svasti Microfinance Pvt. Ltd.
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Svasti Microfinance Pvt. Ltd. - overview
Established
2008
Location
Mumbai, -, India
Primary Industry
Financial Services
About
Svasti Microfinance Pvt. Ltd. is an Indian microfinance institution dedicated to empowering women entrepreneurs through accessible financial solutions, particularly in the unorganized sector. Founded in 2008 and headquartered in Mumbai, India, Svasti Microfinance Pvt.
Ltd. specializes in providing microfinance services to women. The company was co-founded by Arunkumar Padmanabhan and Narayanan Subramaniam, with Padmanabhan currently serving as CEO. In March 2026, Svasti Microfinance Pvt.
Ltd. raised venture funding from Abler Nordic, with participation from Rajiv Dadlani Group. The round was part of larger equity and debt funding of INR 475 million. Svasti Microfinance focuses on delivering financial solutions primarily for women engaged in micro-enterprises and the unorganized sector.
Their main offerings include microfinance loans designed to help women launch or grow small businesses, thereby enhancing their economic empowerment. By leveraging technology and streamlined processes, Svasti enables easy loan applications and management, targeting urban and semi-urban areas in India where financial access for women is limited. In the most recent financial year of 2024, Svasti Microfinance reported a revenue of INR 2. 5 million and an EBITDA of INR 1.
46 million. The company generates revenue primarily through interest on loans, with clients typically borrowing amounts ranging from ₹32,000 to ₹20 lakhs, depending on their needs and repayment capacity. The company will use the funding from March 2026 to expand its loan portfolio, enhance digital infrastructure, and diversify loan products.
Current Investors
Kotak Mahindra Investments Ltd., The Michael and Susan Dell Foundation, Mumbai Angels
Primary Industry
Financial Services
Sub Industries
Consumer Finance
Website
www.svasti.in
Verticals
FinTech, Mobile Apps
Total Amount Raised
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