FincFriends funding, investors and company details

FincFriends is an emerging Banking and Finance startup from Gurugram, working in the space of NBFC- providing tech-enabled personal loans to underserved and underbanked consumers.. Founded by Jitin Bhasin, Abhishek Bajaj, Dmitry Kobzar, Nikolay Zubtsov.

Company: Fincfriends Private Limited
Sector: Banking and Finance
Location: Gurugram
Founders: Jitin Bhasin, Abhishek Bajaj, Dmitry Kobzar, Nikolay Zubtsov

Company overview

Established in 2017, FincFriends Private Limited is an NBFC registered with the RBI that offeflexible credit lines and entirely digital personal loans to underserved Indian consume It facilitates speedy approvals and disbursements with little paperwork by utilizing technology and alternative data. Currently available in a few states, its offerings include credit lines up to ₹2 lakh and personal loans up to ₹1.49 lakh. In 2025, the company raised ₹98.5 crore in debt financing to scale its operations and increase its loan book. FincFriends markets itself as a rapidly expanding fintech lender committed to enhancing financial access for underbanked groups, even as high interest rates and credit risks continue to be obstacles.

Funding rounds

Latest round (Debt): ₹313.00 Cr. ($ 34.41 Mn), 2025-12-09. Investors: Incred Financial Services
Past round (Debt): ₹98.50 Cr. ($ 11.25 Mn), 2025-07-01. Investors: IBL Finance, Incred Financial Services, Real Touch Finance, Shine Star Build-Cap, Western Capital Advisors
Past round (Debt & Equity): $ 7.80 Mn (₹65.09 Cr.), 2024-04-15. Investors: Grow Money, Incred Financial Services, APV Management.
Past round: $ 3.50 Mn (₹28.78 Cr.), 2023-07-31. Investors: Digital Finance International