Navadhan funding, investors and company details

Navadhan is an emerging Financial Services - Fintech - Lending startup from Mumbai, working in the space of working capital loans for underbanked MSMEs. Founded by Nitin Agrawal, Vijay Haswani, Anirudh Ramakuru, Amit Biswal.

Company: Navadhan Capital Private Limited
Sector: Financial Services - Fintech - Lending
Location: Mumbai
Founders: Nitin Agrawal, Vijay Haswani, Anirudh Ramakuru, Amit Biswal
Total funding raised: ₹123.31 Cr

Company overview

Navadhan is a rural‑focused fintech platform enabling working capital loans for underbanked MSMEs and households through its AceN tech stack, which handles customer sourcing, digital onboarding, alternative underwriting via data science, payments and collections. The NBFC connects small rural businesses with 27+ banks/NBFCs, has disbursed INR 500 crore in loans backed by INR 700 crore debt lines, and qualifies as priority sector lending while maintaining strong asset quality through a hybrid tech + on-ground model

Funding rounds

Latest round (Series A): ₹111.00 Cr. ($ 12.99 Mn), 2025-03-20. Investors: NABVENTURES, Prime Venture Partners, LNB Group, Varanium NexGen Fintech Fund, Gemba Capital, FAAD Network, VC-Grid, Anicut Equity Continuum Fund
Past round: $ 1.50 Mn (₹12.31 Cr.), 2023-06-21. Investors: Anicut Capital