Arthan Finance funding, investors and company details

Arthan Finance is an emerging Banking and Finance startup from Mumbai, working in the space of NBFC providing customized working capital loans to MSMEs and self-employed entrepreneurs. Founded by Pravash Ranjan Dash.

Company: Arthan Finance Private limited
Sector: Banking and Finance
Location: Mumbai
Founders: Pravash Ranjan Dash
Total funding raised: ₹50 Cr

Company overview

Arthan Finance operates as a NBFC providing customized working capital loans to MSMEs and self-employed entrepreneurs through AI-driven credit scoring that enables minimal documentation, rapid disbursals, and flexible repayment options. It offers unsecured loans, secured loans against property/LIC, supply chain finance via invoice discounting, instant short-term credit through its app, and revolving facilities tailored for kirana stores, small manufacturers, garages, and vendors. The platform focuses on underserved micro-businesses with digital processes and local expertise across 48 branches in 4 states.

Funding rounds

Latest round: ₹50.00 Cr. ($ 6.00 Mn), 2024-06-10. Investors: Incofin India Progress Fund