Mahaveer Finance India
Mahaveer Finance India is a non-banking financial company (NBFC) specializing in financing used commercial and passenger vehicles, particularly targeting first-time buyers and small fleet operators in Tier II to Tier V markets. It aims to expand its technology infrastructure and improve access to formal credit for small entrepreneurs, serving over 20,000 active customers across South India.
Funding Round: Series C
Funding Amount: ₹200Cr
Date: 19-Jun-2025
Investors: Elevation Capital, BanyanTree Finance, First Bridge Capital
Markets: Fintech, Financial Services
HQ: Chennai, Tamil Nadu, India
Founded: 1981
Website: https://mahaveerfinance.com/
LinkedIn: https://www.linkedin.com/company/mahaveer-finance-india-ltd
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