Mahaveer Finance funding, investors and company details

Mahaveer Finance is an emerging Financial Services - Fintech - Lending startup from Chennai, working in the space of Provides Loans and Finance facilities. Founded by Deepak Dugar, Praveen Dugar.

Company: Mahaveer Finance India Limited
Sector: Financial Services - Fintech - Lending
Location: Chennai
Founders: Deepak Dugar, Praveen Dugar
Total funding raised: ₹200 Cr

Company overview

Mahaveer Finance, is specializes in loans for used cars and trucks, is currently expanding its line of business. The company plans to introduce loans against property (LAP) and other new products as part of its expansion strategy.

Funding rounds

Latest round: ₹200.00 Cr. ($ 23.34 Mn), 2025-06-19. Investors: Elevation Capital, Banyan Tree Finance, First Bridge Capital