Company lists
The Karnataka edition · 2026

Alternative lendingcompanies in Karnataka

Personal loans, business loans, loan marketplaces, education & vehicle loans, lending tech and more: the companies building alternative lending in Karnataka, with their founders, funding, team size and business models.

262 company profiles120 with reported revenue86 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent alternative lending business events in Karnataka

Funding, M&A, contract wins and launches involving 364 alternative lending companies in Karnataka, last 24 months: 27 funding rounds · 12 M&A deals · 2 launches · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

FundingSeries A

Oolka

AI-powered customer engagement startup Oolka led the segment with a Rs 130 crore Series A round, backed by Accel, Lightspeed, and Z47.

Investors Accel, Lightspeed, Z47
FundingSeries A

Oolka

Oolka has raised $14 million in a Series A funding round led by Accel, with participation from existing investors Lightspeed and Z47.

Investors Accel, Lightspeed, Z47, Vidit Aatrey
Digital Payments
FundingUndisclosed

Kreditbee

Bengaluru-based Kreditbee is looking to close a $120 million (about Rs 1,000 crore) funding round, which could propel the fintech lending startup into the unicorn club.

Investors External investor, Advent international, Mufg, Others
Fintech lending
FundingSeries C

Olyv

Bengaluru-based Olyv, a consumer lending platform, has raised INR 207 crore (about USD 23 million) in a Series C funding round from Nandan Nilekani’s The Fundamentum Partnership and…

Investors Nandan Nilekani’s The Fundamentum Partnership, Japan’s SMBC Asia Rising Fund
Consumer lending
Funding

Finnable

Finnable, an Indian digital lending platform, has secured ₹500 crore (about $60 million) in a new funding round.

Investors Z47, TVS Capital, Ranjan Pai’s MEMG Family Office
LaunchNexus 360

Perfios

Indian B2B Software as a Service (SaaS) firm Perfios has expanded its Nexus 360 credit decisioning platform across South East Asia.

Credit decisioning platform
LaunchReserve Pay

Navi

Navi announced two new UPI features today based on yesterday’s UPI product launches. Reserve Pay and EV Recharge via Banking Connect will now soon be featured on Navi’s app.

UPI Feature
Funding

Finbox

Other deals include a $40 million in Finbox for AI-driven credit infrastructure.

AI-driven credit infrastructure
M&AAcquisition · Completed

Innova capital acquires Emi

The fund has completed two partial exits through strategic partnerships with international private equity funds: ... Innova Capital in EMI.

FundingPre-Series C

Finnable

Another noteworthy development in India’s digital consumer lending market is the ₹250 crore pre-Series C fundraising round that Bengaluru-based personal loan platform Finnable is planning.

Investors Matrix partners, India nippon electricals, TVS Capital Partners
Personal lending
FundingDebt funding

Navi technologies

Fintech unicorn Navi Technologies has secured ₹170 crore (approximately $20 million) through a debt funding round led by PhillipCapital, with participation from NDX Finserve, Arpee…

Investors Phillipcapital, NDX Finserve, Arpee Group, Ambit finvest
Fintech
Funding

Ohm mobility

Ohm Mobility raised around INR 5 Cr in its run time from notable investors like Antler India, Blume Ventures, Catalyst Fund, and a few angel investors.

Investors Antler india, Blume ventures, Catalyst Fund, A few angel investors
EV financing and leasing
M&AAcquisition · Announced

Empower acquires Nira

Empower Finance Inc., a U.S.-based fintech company, has announced the acquisition of NIRA, one of India's leading digital lending platforms focused on financially underserved segments.

Digital lending
M&AMerger · Completed

Funded Company Connect India acquires Faarms

On behalf of the Invention Capital, the Funded Company Connect India has merged with the logistics branch of Bengaluru’s Agritech Company Forms (Faarms).

M&AAcquisition

Jumbotail acquires Solv

Jumbotail recently bought Solv.

M&AMerger · Completed

Connect india acquires Faarms

Connect India and the logistics wing of Faarms have officially merged to form Bharat Supply — a first-of-its-kind infra-tech player operating beyond metro markets.

Logistics
ContractService

Adlift · client: Olyv

AdLift, a global digital marketing agency (now acquired by Liqvd Asia), has been awarded the SEO and content marketing mandate for Olyv

Digital Marketing
Funding

Solv

Earlier this month, SC Ventures invested an additional US$ 5 million in SOLV through a separate share issuance.

Investors Sc ventures
ContractSupply

Ohm mobility · client: Mtc

In Phase 1, MTC awarded a contract to OHM Mobility, a subsidiary of Ashok Leyland, for 625 electric buses, and its launch is likely to happen in the first week of June.

FundingSyndicated loan

Credit saison india

In April, Credit Saison India had secured a syndicated loan of USD 200 million with the participation of Axis Bank (India), DBS Bank (Singapore), and CTBC Bank (Taiwan)

Financial services
Funding

Yenmo

Yenmo , backed by ZAKA VC , is bringing responsible lending to underserved communities in India, showing how impact-first fintech can thrive.

Investors Zaka vc
FinTech
M&AAcquisition · Completed

Perfios acquires IHX

Perfios has acquired healthcare information exchange platform IHX.

Healthtech
FundingDebt funding

Leap finance

Leap Finance, a fintech platform for Indian students pursuing higher education overseas, has secured $100 million in debt funding from London-headquartered bank HSBC through its Asean…

Investors Hsbc
Fintech
FundingExternal Commercial Borrowing

Credit saison india

Credit Saison India, a leading non-banking financial company (NBFC), has secured USD 300 million through its maiden syndicated & bilateral External Commercial Borrowings (ECB) to drive…

Investors Axis bank, Dbs bank, Ctbc bank, Public Sector Bank
Financial Services
Funding

Yenmo

Y Combinator-backed Yenmo, which provides instant loans against mutual funds, has raised Rs 9.2 crore in a funding round led by Y Combinator, with participation from Pioneer Fund, Zaka…

Investors Y combinator, Pioneer fund, Zaka vc, Other angel investors
Fintech
FundingDebt funding

Leap finance

Leap Finance, a fintech platform for Indian students pursuing higher education overseas, has secured $100 million in debt funding from London-headquartered bank HSBC through its Asean…

Investors Hsbc
Fintech
M&AMerger · Announced

Solv acquires Jumbotail

Digital marketplace Solv, which is closing in on its merger with Jumbotail

B2B marketplace

Alternative lending companies in Karnataka, by revenue

Browse alternative lending companies in Karnataka by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 120 alternative lending companies in Karnataka that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of diverse financial products and lending solutions for businesses and individuals

Alternative lending
₹2,703.21 crFY 2024-25
+87%2024–2025
1,319+117% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
13postings · last posted Sep 2026

Provider of financial products including UPI, loans, insurance, and mutual funds

Payments
₹2,689.14 crFY 2024-25
-4%2024–2025
3,276-8% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
44postings · last posted Sep 2026

Provider of loans, credit cards, gold investment, insurance, and UPI

Alternative lending
₹2,378.53 crFY 2024-25
+71%2024–2025
1,248+35% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
6postings · last posted Sep 2026

Provider of online personal and business loans, and purchase financing

Alternative lending
₹880.10 crFY 2024-25
+83%2024–2025
399+29% 12 mo to Aug 2023recorded Aug 2023
9 yr2017
0none in 3 months

Provider of AI-driven platform for financial analysis, verification, and decisioning

Insurance it
₹708.65 crFY 2024-25
Not reported
1,573LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Platform providing personal loans, business loans, and loans against property

Alternative lending
₹682.12 crFY 2024-25
-3%2024–2025
1,821-38% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of e-commerce financing and lending solutions

Alternative lending
₹508.24 crFY 2024-25
-13%2024–2025
—Not available
11 yr2015
0none in 3 months

Provider of financial services focused on livelihood advancement for underserved communities

Alternative lending
₹394.58 crFY 2024-25
+57%2024–2025
147+53% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

A personal loan and financial solutions provider

Service providers to banks
₹355.02 crFY 2024-25
+41%2024–2025
434+7% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Platform offering online personal loans with minimal documentation

Alternative lending
₹278.49 crFY 2024-25
+52%2024–2025
979+52% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Aug 2026

Real-time credit-decisioning platform and data aggregation APIs

Banking tech
₹244.66 crFY 2022-23
Not reported
1,573+2% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
—No postings tracked

Provider of credit insurance and savings products for small town families

Alternative lending
₹239.78 crFY 2024-25
+62%2024–2025
798+35% 12 mo to Aug 2024LinkedIn · Jul 2026
7 yr2019
8postings · last posted Aug 2026

Provider of a loan matching service for personal and business loans

Alternative lending
₹223.50 crFY 2024-25
+17%2024–2025
288+56% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of financial assistance for individuals pursuing education abroad

Alternative lending
₹163.65 crFY 2024-25
-19%2024–2025
1,352-7% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
3postings · last posted Sep 2026

Provider of secured loans using gold as collateral for individuals

Alternative lending
₹151.92 crFY 2024-25
+33%2024–2025
1,638-27% 12 mo to Aug 2024LinkedIn · Jul 2026
11 yr2015
29postings · last posted Sep 2026

AI-based sales engagement for financial institutions

Sales force automation
₹122.19 crFY 2024-25
+12%2024–2025
457recorded
13 yr2013
1postings · last posted Jul 2026

Developer of an app-based personal credit line for consumers

Alternative lending
₹116.77 crFY 2024-25
+5%2024–2025
94-68% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of a fintech platform offering instant and collateral-free personal loans to individuals and small business owners for various purposes, leveraging a digital loan aggregator model to connect borrowers with lenders

Alternative lending
₹102.12 crFY 2024-25
Not reported
79+36% 12 mo to Jun 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of flexible digital education loans with customized repayment options for students

Alternative lending
₹99.37 crFY 2024-25
+5%2024–2025
513-26% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
12postings · last posted Sep 2026

Provider of earned wage access and financial wellness solutions

Hrtech
₹88.94 crFY 2024-25
Not reported
194-8% 12 mo to Mar 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Aug 2021

Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending

Grc software
₹78.76 crFY 2024-25
+48%2024–2025
406+38% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
4postings · last posted Aug 2026

Provider of credit score tracking, analysis, and improvement plan services

Alternative lending
₹52.13 crFY 2024-25
+1483%2024–2025
178LinkedIn · Jul 2026
3 yr2023
2postings · last posted Jul 2026

Fintech startup offering education financing services through student loans

Consumer and sme loans
₹50.86 crFY 2024-25
+539%2024–2025
45recorded Jun 2024
4 yr2022
0none in 3 months

Platform offering financial solutions

Alternative lending
₹41.16 crFY 2024-25
-52%2024–2025
327-20% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted May 2026

Platform offering asset-backed loans

Alternative lending
₹37.06 crFY 2024-25
+199%2024–2025
7+100% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months
50 of 262 companies shown here · the full list is on Radar
Fliar Radar

Explore all 262 alternative lending companies in Karnataka on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 262 alternative lending companies in Karnataka, filterable by stage, funding, team size, revenue model and age.
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Explore alternative lending companies in Karnataka by what you are looking for

Browse alternative lending companies in Karnataka, from online personal loan providers to business and education lenders. Compare alternative lending startups in Karnataka and find the kind of alternative finance you need.

8 ways to explore alternative lending in Karnataka

Online personal & consumer loan companiesBusiness loans & invoice financing companiesLoan comparison platforms & marketplacesEducation, vehicle & gold loan providersLending software & banking technology providersCredit score, debt & earned wage access companies

Online personal & consumer loan companies

Digital lenders and marketplaces offering personal and consumer loans.

  1. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  2. Moneyview

    Provider of loans, credit cards, gold investment, insurance, and UPI

    Alternative lending
    See in list
  3. Whizdm Finance

    Provider of online personal and business loans, and purchase financing

    Alternative lending
    See in list
  4. KreditBee

    Platform providing personal loans, business loans, and loans against property

    Alternative lending
    See in list
  5. Flipkartadvanz.com

    Provider of e-commerce financing and lending solutions

    Alternative lending
    See in list

Business loans & invoice financing companies

Working capital, term loans and invoice financing for small businesses.

  1. Avanti

    Provider of financial services focused on livelihood advancement for underserved communities

    Alternative lending
    See in list
  2. Velocity

    Provider of revenue-based financing and business tools for e-commerce businesses

    Alternative lending
    See in list
  3. SimplyFI

    Provider of intelligent process automation solutions

    Alternative lending
    Website
  4. Aagey

    Online marketplace for consumer and business loans

    Alternative lending
    Website
  5. QuID

    Provider of supply chain finance and invoice financing solutions for businesses

    Alternative lending
    Website

Loan comparison platforms & marketplaces

Platforms that compare lenders and connect borrowers to loans.

  1. FinanceBuddha

    Provider of a loan matching service for personal and business loans

    Alternative lending
    See in list
  2. BankSathi

    Platform offering financial solutions

    Alternative lending
    See in list
  3. Fincity

    Online comparison platform for consumer loans

    Alternative lending
    See in list
  4. WhatsLoan

    Provider of digital lending platforms for retail, agri, and MSME segments

    Alternative lending
    Website
  5. Eloan Originators

    Provider of a loan origination platform connecting borrowers with lenders

    Banking tech
    Website

Education, vehicle & gold loan providers

Specialist lenders for student loans, electric vehicles and gold-backed loans.

  1. Leap Finance

    Provider of financial assistance for individuals pursuing education abroad

    Alternative lending
    See in list
  2. Rupeek

    Provider of secured loans using gold as collateral for individuals

    Alternative lending
    See in list
  3. Edgro

    Fintech startup offering education financing services through student loans

    Consumer and sme loans
    See in list
  4. Loan2wheels

    Provider of accessible two-wheeler loans to underserved sectors

    Alternative lending
    See in list
  5. VidyutTech

    Provider of platform offering electric vehicles financing

    Auto e-commerce & content
    See in list

Lending software & banking technology providers

Technology that powers loan origination, credit decisioning and collections.

  1. Perfios

    Provider of AI-driven platform for financial analysis, verification, and decisioning

    Insurance it
    See in list
  2. FinBox

    Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending

    Grc software
    See in list
  3. Rupifi

    Provider of B2B credit and checkout solutions for SMEs

    Payments
    See in list
  4. DPD Zero

    Provider of AI-powered platform for managing and optimizing debt collection

    Alternative lending
    See in list
  5. Finvolv

    Provider of a low-code embedded finance platform for financial services firms

    Alternative lending
    See in list

Credit score, debt & earned wage access companies

Credit score tools, debt management and salary advance services.

  1. Refyne

    Provider of earned wage access and financial wellness solutions

    Hrtech
    See in list
  2. GoodScore

    Provider of credit score tracking, analysis, and improvement plan services

    Alternative lending
    See in list
  3. PerkFinance

    Fintech company that provides mobile-based financial services including lending solutions

    Alternative lending
    Website
  4. Kaarva

    Flexible salary platform that empowers employees to access a portion of earned salaries

    Alternative lending
    Website
  5. SmartCoin Financials

    Smartcoin is providing financial access to the millions of mobile users in India using alternative credit assessment.

    Internet first lenders
    Website

Alternative lending startups in Karnataka

Recently founded alternative lending companies in Karnataka.

  1. GoodScore

    Provider of credit score tracking, analysis, and improvement plan services

    Alternative lending
    See in list
  2. Edgro

    Fintech startup offering education financing services through student loans

    Consumer and sme loans
    See in list
  3. DPD Zero

    Provider of AI-powered platform for managing and optimizing debt collection

    Alternative lending
    See in list
  4. Optimo Capital

    Provider of loan against property products for micro, small, and medium enterprises

    Consumer and sme loans
    See in list
  5. Viva Money

    Provider of a digital personal line of credit

    Alternative lending
    See in list
91 companies in Karnataka

Alternative lending companies hiring in Karnataka

Alternative lending companies in Karnataka with open roles.

  1. Credit Saison

    Provider of diverse financial products and lending solutions for businesses and individuals

    Alternative lending
    See in list
  2. Navi

    Provider of financial products including UPI, loans, insurance, and mutual funds

    Payments
    See in list
  3. Moneyview

    Provider of loans, credit cards, gold investment, insurance, and UPI

    Alternative lending
    See in list
  4. Perfios

    Provider of AI-driven platform for financial analysis, verification, and decisioning

    Insurance it
    See in list
  5. Finnable

    Platform offering online personal loans with minimal documentation

    Alternative lending
    See in list
36 companies in Karnataka
Mobile reach

Top 10 alternative lending apps from Karnataka

The most-installed Android apps published by alternative lending companies headquartered in Karnataka — 288.9M installs between them. 47 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Navi: UPI, Payments, Insurance

by Navi

Installs178.6M
Rating4.475.6M ratings
Last updatedMay 2026
View on Google Play ↗
Navi: UPI, Payments, Insurance screenshot 1Navi: UPI, Payments, Insurance screenshot 2Navi: UPI, Payments, Insurance screenshot 3Navi: UPI, Payments, Insurance screenshot 4Navi: UPI, Payments, Insurance screenshot 5
2

GoodScore: Credit Score App

by GoodScore

Installs36.2M
Rating5.0618K ratings
Installs, year on year+184%
Last updatedJun 2026
View on Google Play ↗
GoodScore: Credit Score App screenshot 1GoodScore: Credit Score App screenshot 2GoodScore: Credit Score App screenshot 3GoodScore: Credit Score App screenshot 4GoodScore: Credit Score App screenshot 5GoodScore: Credit Score App screenshot 6
3

PayRupik Instant Personal Loan

by PayRupik

Installs26.1M
Rating4.112.4M ratings
Last updatedJun 2026
View on Google Play ↗
PayRupik Instant Personal Loan screenshot 1PayRupik Instant Personal Loan screenshot 2PayRupik Instant Personal Loan screenshot 3PayRupik Instant Personal Loan screenshot 4PayRupik Instant Personal Loan screenshot 5
4

MoneyTap -Credit Loan Payments

by MoneyTap

Installs19.2M
Rating4.1361K ratings
Installs, year on year+11%
Last updatedJun 2026
View on Google Play ↗
MoneyTap -Credit Loan Payments screenshot 1MoneyTap -Credit Loan Payments screenshot 2MoneyTap -Credit Loan Payments screenshot 3MoneyTap -Credit Loan Payments screenshot 4MoneyTap -Credit Loan Payments screenshot 5MoneyTap -Credit Loan Payments screenshot 6
5

Kreditzy Personal Loan App

by Kreditzy

Installs8.1M
Rating3.9180K ratings
Last updatedDec 2024
View on Google Play ↗
Kreditzy Personal Loan App screenshot 1Kreditzy Personal Loan App screenshot 2Kreditzy Personal Loan App screenshot 3Kreditzy Personal Loan App screenshot 4Kreditzy Personal Loan App screenshot 5Kreditzy Personal Loan App screenshot 6
6

Oolka: AI Credit Score App

by Oolka

Installs6.4M
Rating—
Installs, year on year+500%
Last updatedJun 2026
View on Google Play ↗
Oolka: AI Credit Score App screenshot 1Oolka: AI Credit Score App screenshot 2Oolka: AI Credit Score App screenshot 3Oolka: AI Credit Score App screenshot 4Oolka: AI Credit Score App screenshot 5Oolka: AI Credit Score App screenshot 6
7

Finnable: Loan & Credit Score

by Finnable

Installs4.7M
Rating2.9377K ratings
Last updatedJan 2026
View on Google Play ↗
Finnable: Loan & Credit Score screenshot 1Finnable: Loan & Credit Score screenshot 2Finnable: Loan & Credit Score screenshot 3Finnable: Loan & Credit Score screenshot 4Finnable: Loan & Credit Score screenshot 5Finnable: Loan & Credit Score screenshot 6
8

GoCredit Instant Personal Loan

by GoCredit

Installs3.8M
Rating—
Last updatedJun 2026
View on Google Play ↗
GoCredit Instant Personal Loan screenshot 1GoCredit Instant Personal Loan screenshot 2GoCredit Instant Personal Loan screenshot 3GoCredit Instant Personal Loan screenshot 4GoCredit Instant Personal Loan screenshot 5GoCredit Instant Personal Loan screenshot 6
9

BankSathi: Referral App

by BankSathi

Installs3.2M
Rating4.048K ratings
Installs, year on year+21%
Last updatedJun 2026
View on Google Play ↗
BankSathi: Referral App screenshot 1BankSathi: Referral App screenshot 2BankSathi: Referral App screenshot 3BankSathi: Referral App screenshot 4BankSathi: Referral App screenshot 5BankSathi: Referral App screenshot 6
10

Refyne

by Refyne

Installs2.6M
Rating—
Installs, year on year+49%
Last updatedMay 2026
View on Google Play ↗
Refyne screenshot 1Refyne screenshot 2Refyne screenshot 3Refyne screenshot 4Refyne screenshot 5Refyne screenshot 6
The business behind the activity

Alternative lending financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 101 alternative lending companies in Karnataka for FY24-25 — 126 of the 262 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 70% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹9,952.86 cr

101 companies filing accounts

combined net profit₹1,105.07 cr

11.1% aggregate margin

are profitable33%

33 of 101 companies

median revenue~₹5.8 cr

the typical company

median revenue growth+26%

into FY24-25

earned by the top five70%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,035.92 crFY19-2057 filers
₹846.01 crFY20-2165 filers
₹1,912.60 crFY21-2274 filers
₹3,131.25 crFY22-2380 filers
₹5,430.34 crFY23-2495 filers
₹9,952.86 crFY24-25101 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 66 companies over three years

+107%
FY22-23₹2,521.49 cr−₹1,010.91 cr net
FY23-24₹4,034.69 cr−₹114.74 cr net
FY24-25₹5,214.68 cr−₹5.21 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr307% profitable
₹1–10 cr3030% profitable
₹10–100 cr2744% profitable
₹100–1,000 cr1164% profitable
Over ₹1,000 cr3100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking26
0–20%16
20–50%10
50–100%9
Doubled+27

88 companies with accounts for both years; median growth +26%.

Profitability

Profit is concentrated at the top

33profitable
67loss-making
11.1%aggregate margin
-48.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
InPrime FinservSTK CREDIT PRIVATE LIMITED
Viva MoneyVIVAMONEY SOLUTIONS PRIVATE LIMITED
PowerEdgePOWEREDGE ANALYTICS AND SERVICES PRIVATE LIMITED
EdgroEDGRO FINANCE PRIVATE LIMITED+539%₹50.86 cr
Finnable Credit, FinnableFINNABLE CREDIT PRIVATE LIMITED+433%₹49.45 cr
Sayyam InvestmentsSAYYAM INVESTMENTS PRIVATE LIMITED₹1,166.61 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Credit SaisonKISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED39.7%₹2,703.21 cr
PocketlyPOCKETLY INFOTECH PRIVATE LIMITED
KreditBeeFINNOVATION TECH SOLUTIONS PRIVATE LIMITED34.7%₹682.12 cr
Zerodha CapitalZERODHA CAPITAL PRIVATE LIMITED32.9%₹37.06 cr
Kalandri CapitalKALANDRI CAPITAL PRIVATE LIMITED
CredyONFN TECHNOLOGIES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Alternative lending78₹8,895.65 cr~₹5.9 cr33%17.8%
Leaders

Largest alternative lending companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Credit SaisonKISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED₹2,703.21 cr₹1,073.37 cr39.7%—
MoneyviewMONEYVIEW LIMITED₹1,508.80 cr₹164.02 cr10.9%+42%
Sayyam InvestmentsSAYYAM INVESTMENTS PRIVATE LIMITED₹1,166.61 cr₹304.73 cr
Whizdm FinanceWHIZDM FINANCE PRIVATE LIMITED₹880.10 cr₹81.36 cr9.2%+83%
KreditBeeFINNOVATION TECH SOLUTIONS PRIVATE LIMITED₹682.12 cr₹237.02 cr34.7%-3%
NaviNAVI LIMITED₹523.41 cr−₹355.64 cr-67.9%-32%
Flipkartadvanz.comFLIPKART ADVANZ PRIVATE LIMITED₹508.24 cr₹33.93 cr6.7%-13%
FinanceBuddhaFINBUD FINANCIAL SERVICES LIMITED₹222.86 cr₹8.36 cr3.8%+18%
Leap FinanceOUTLEAP TECHNOLOGIES PRIVATE LIMITED₹133.96 cr−₹59.81 cr-44.6%-24%
OlyvSMARTCOIN FINANCIALS PRIVATE LIMITED₹126.40 cr₹17.22 cr13.6%+26%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

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The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Alternative lending funding and M&A across India

1,438 recorded equity rounds have gone to 2,076 alternative lending companies in India — how much, at which stage, into which sub-sectors, from whom, and how Karnataka compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months43

US$604.24m

equity rounds, last 24 months137

US$1.40bn

raised over five yearsUS$7.41bn

726 rounds in India

M&A deals, Karnataka12

last 24 months

Capital by year

Equity funding into alternative lending in India

amount rounds
$712m2018130
$1.2bn2019168
$1.0bn2020117
$2.0bn2021173
$1.9bn2022186
$890m2023124
$1.5bn2024130
$706m202585
$478m202628

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.97bn across 173 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$23.03m85 rounds · median US$163k
SeedUS$442.63m310 rounds · median US$747k
Series AUS$1.35bn138 rounds · median US$5.00m
Series BUS$1.42bn86 rounds · median US$10.20m
Series CUS$1.35bn41 rounds · median US$29.45m
Series D+US$2.82bn66 rounds · median US$20.12m
Where the money went · five years

Most-funded sub-sectors

Alternative lendingUS$4.87bn515 rounds · 228 companies
PaymentsUS$508.12m12 rounds · 4 companies
Consumer and sme loansUS$302.52m21 rounds · 9 companies
E-commerce enablersUS$241.31m5 rounds · 1 companies
Insurance itUS$233.97m10 rounds · 3 companies
Banking techUS$191.31m31 rounds · 13 companies
Horizontal e-commerceUS$177.00m13 rounds · 1 companies
Corporate activity · last 24 months

M&A in Karnataka

9Acquisition
3Merger

Most active acquirers

  1. Perfios5
  2. Innova capital1
  3. Empower1
  4. Funded Company Connect India1
  5. Jumbotail1

Most acquired or merged

  1. Faarms2
  2. Emi1
  3. Nira1
  4. Solv1
  5. IHX1

Each deal appears in the events strip at the top of the page.

Alternative lending funding in Karnataka

86 alternative lending companies in Karnataka have recorded equity funding, US$2.76bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind alternative lending companies in Karnataka. 178 of 262 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka alternative lending companies by sub-sector

The most common specialisations among alternative lending companies in Karnataka. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring alternative lending in India and nearby markets.

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