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Mahaveer Finance India Limited

About Mahaveer Finance India Limited

Mahaveer Finance India Limited is a Non-Banking Financial Company (NBFC) focused on providing financial services to small entrepreneurs and first-time vehicle buyers in South India. Established in 1981, the company has a long-standing commitment to empowering India's backbone through accessible financing solutions.

Business Information
Target Customers
small entrepreneurs first-time vehicle buyers individual consumers
Industry Categories
Accounting/Finance
Business Model
Revenue Model Interest income from loans
Pricing Strategy Competitive interest rates based on risk assessment
Sales Channels direct sales, partnerships with local dealerships, online applications
Funding Timeline
Round Date Amount Investors
Series C Jun 19, 2025 $24.0M Elevation Capital, BanyanTree Private Equity
Founders

No founder information available.

Investors
Recent Mentions
EntrepreneurIND
@EntrepreneurInd @EntrepreneurIND
Jun 19, 2025

#Update Mahaveer Finance India Limited Secures INR 200 Crore for South India Expansion Chennai-based NBFC Mahaveer Finance India has raised INR 200 crore in a Series C funding round, led by Elevation Capital, with participation from existing investors BanyanTree Private Equity https://t.co/cCVRbcHUif

ElevCap
Elevation Capital @ElevCap
Jun 19, 2025

We are proud to announce our investment in Mahaveer Finance India Limited, leading their Rs 200 crore Series C funding round. For over four decades since 1981, Mahaveer Finance has been empowering India's backbone - small entrepreneurs and first-time vehicle buyers who often https://t.co/t7bMhlEzz0