Company lists
The India edition · 2026

Consumer and sme loanscompanies in India

NBFC lenders, digital lending, home loans, vehicle & asset finance, microfinance and more: the companies building consumer and sme loans in India, with their founders, funding, team size and business models.

1,192 company profiles567 with reported revenue119 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent consumer and sme loans business events in India

Funding, M&A, contract wins and launches involving 1,606 consumer and sme loans companies in India, last 24 months: 194 funding rounds · 150 M&A deals · 36 Contracts · 34 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AMerger · Announced

Power finance acquires REC Limited

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the proposal made in…

Power Finance
FundingPrivate Placement NCD

Aditya birla capital

Aditya Birla Capital has raised Rs 200 crore through allotment of Non-Convertible Debentures (NCDs) on private placement basis.

Investors Na
Financial services
LaunchGenAI-Powered Conversational Agents

L&t finance

In collections, L&T Finance has transitioned from traditional NLP bots to GenAI-powered conversational agents, enabling over 7.2 million customer interactions across 10 Indic languages.

Collections chatbot
Funding

Axis finance

Axis Finance has secured ₹750 crore in primary capital from private equity firm Kedaara Capital for a 5.08% stake, the non-banking financial company's parent Axis Bank said in a…

Investors Kedaara capital
Financial Services
FundingEquity stake acquisition

Mufin green finance

Tata Mutual Fund acquired a stake worth around ₹37.37 crore in Mufin Green Finance

Electric vehicle financing
Funding

Hdb financial services

HDB Financial Services has raised Rs 300 crore through the allotment of 30,000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each on private placement…

Investors Na
Financial Services
LaunchTenzorX 2026

Poonawalla fincorp

Additionally, Poonawalla Fincorp has introduced TenzorX 2026, a national AI hackathon, aimed at driving innovation and offering a platform for students to showcase their creative AI…

AI Hackathon
FundingLoan

IIFL Home Finance

IIFL Home Finance Secures $300 Mn Loan from ADB for Affordable Housing

Investors Adb
Home finance
LaunchLeadHerShip

Aditya birla capital

Aditya Birla Capital Limited, has introduced ‘LeadHerShip’, a women-to-women mentorship and incubation initiative under its flagship fintech engagement platform, InFiniTe.

Women entrepreneurship mentorship and incubation initiative
FundingQualified Institutions Placement (QIP)

Poonawalla fincorp limited

Poonawalla Fincorp Limited has raised approximately ₹2,500 crore from a qualified institutions placement (QIP) of equity shares.

Consumer and MSME financing, general insurance services
FundingTranche I NCD issue

Capri global capital

Capri Global Capital Limited has announced a Rs 500 crore Tranche I.

Finance
M&AAcquisition · Announced

Avenir Investment RSC Ltd acquires Sammaan Capital

Avenir Investment RSC Ltd, along with IHC Capital Holding LLC acting as a person acting in concert, to acquire up to 34,17,54,286 equity shares of the company.

LaunchTranche I of public issue of secured, rated, listed, redeemable non-convertible debentures

Capri global capital

Capri Global Capital Limited has announced the Tranche I of public issue of secured, rated, listed, redeemable non-convertible debentures (“NCDs”) aggregating up to ₹5,000 million,…

Debt security
M&AAcquisition · Completed

Mufg bank acquires Shriram finance

MUFG Bank, the Japanese banking giant and subsidiary of Mitsubishi UFJ Financial Group, completed its acquisition of a 20 per cent equity stake in Shriram Finance Ltd (SFL) on Wednesday,…

Non-banking financial company (NBFC)
M&AAcquisition · Completed

Patni Family Office acquires Ugro capital

Shares of UGRO Capital jumped on Wednesday, settling with 9 per cent gains at ₹88.83 on the NSE, hitting an intraday high of ₹89.50 from the previous close of ₹81.30. The buying momentum…

M&AAcquisition · Announced

Avenir Investment RSC acquires Sammaan Capital

Sammaan Capital received Rs 5,652 crore as part of the initial tranche of the stake acquisition.

Non-Banking Financial Company (NBFC)
M&AAcquisition · Announced

West Asia’s IHC acquires Sammaan Capital

Sammaan Capital Ltd. formerly IndiaBulls Housing Finance Ltd on Tuesday announced that West Asia’s IHC, with market cap of $232 billion through its affiliate, Avenir Investment RSC Ltd.…

Non-banking Financial Company (NBFC)
M&AAcquisition · Announced

BLS E-Services acquires Atyati technologies

BLS E-Services on Monday said it will acquire a 100 per cent stake in Atyati Technologies for Rs 154 crore.

Technology platforms for financial inclusion
M&AAcquisition · Announced

International holding company acquires Sammaan Capital

Sammaan Capital announced that it has become an IHC Group Company following a preferential allotment of equity shares and warrants to the Abu Dhabi-based company.

Non-banking financial company (NBFC)
M&AAcquisition · Completed

IHC Group acquires Sammaan Capital

Abu Dhabi's IHC Group completed the acquisition of a 41.5% stake in Sammaan Capital (formerly, Indiabulls Housing Finance) through its affiliate Avenir Investment RSC to become the…

M&AAcquisition · Completed

Abu Dhabi's IHC Group acquires Sammaan Capital

Abu Dhabi's IHC Group completed the acquisition of a 41.5% stake in Sammaan Capital (formerly, Indiabulls Housing Finance) through its affiliate Avenir Investment RSC to become the…

FundingDebt

Indifi

Indifi has raised ₹40 crore in debt from BlackSoil Capital to strengthen its digital lending platform and expand credit access for SMEs across India.

Investors BlackSoil Capital
FinTech
Funding

Home Credit India Finance

TVS Holdings has invested ₹526.79 crore in its subsidiary Home Credit India Finance, increasing its stake to 80.39% through the subscription of additional equity shares.

Investors TVS Holdings
Non-banking financial company
M&AAcquisition · Announced

TVS Holdings acquires Home Credit India Finance

TVS Holdings has subscribed to and has been allotted an additional 229,139,017 equity shares of Rs 10/- each in Home Credit India Finance, the company said in a stock exchange filing.…

M&AAcquisition · Completed

TVS Holdings Limited acquires Home credit india

TVS Holdings Limited has made a significant investment in its subsidiary, Home Credit India Finance Private Limited (HCIFPL), by acquiring an additional 229,139,017 equity shares.

Non-banking financial company
M&AMerger · Announced

Piramal finance acquires DHFL Investments Limited

In addition to the NCD issuance, the board also approved a scheme of amalgamation involving Piramal Finance Limited and its wholly-owned subsidiaries: Piramal Corporate Tower Private…

M&AMerger · Announced

Piramal finance acquires Piramal Agastya Offices Private Limited

In addition to the NCD issuance, the board also approved a scheme of amalgamation involving Piramal Finance Limited and its wholly-owned subsidiaries: Piramal Corporate Tower Private…

M&AAcquisition · Announced

Societe generale acquires Sammaan Capital

Smallcap counter Sammaan Capital - which was in news today after the Reserve Bank of India (RBI) cleared decks for Abu Dhabi-based International Holding Company (IHC) to acquire a…

ContractInfrastructure

M/s. Kalpataru Projects International · client: Cholamandalam investment and finance company

Cholamandalam Investment and Finance Company has awarded a significant works contract valued at ₹540 crores for the construction of its new corporate office building.

Construction

Consumer and sme loans companies in India, by revenue

Browse consumer and sme loans companies in India 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 567 consumer and sme loans companies in India 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 housing finance solutions

Consumer and sme loans
₹135,968.08 crFY 2021-22
Not reported
11,888+23% 12 mo to Mar 2024LinkedIn · Jul 2026
49 yr1977
23postings · last posted Aug 2026

Real estate and infrastructure financing firm

Consumer and sme loans
₹76,344.92 crFY 2021-22
Not reported
718+6% 12 mo to Mar 2024LinkedIn · Jul 2026
40 yr1986
—No postings tracked

Provider of auto finance services

Auto retail & aftersales
₹69,724.78 crFY 2024-25
+27%2024–2025
4,480+19% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Provider of loans, investments, insurance, UPI, and bill payment services

Consumer and sme loans
₹40,723.75 crFY 2024-25
+18%2024–2025
32,090-96% 12 mo to Aug 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Diversified non-banking financial company

Consumer and sme loans
₹28,369.87 crFY 2024-25
+56%2024–2025
25,287+54436% 12 mo to Jul 2024LinkedIn · Jul 2026
19 yr2007
1,007postings · last posted Sep 2026

Diversified lending NBFI for consumer and business loans

Consumer and sme loans
₹28,110.70 crFY 2024-25
+3%2024–2025
2,341-0% 12 mo to Sep 2024recorded Sep 2024
37 yr1989
2postings · last posted Jul 2026

Diversified conglomerate operating across multiple industries

Consumer and sme loans
₹26,086.76 crFY 2023-24
Not reported
—Not available
77 yr1949
—No postings tracked

Provider of home and SME loans

Consumer and sme loans
₹19,419.87 crFY 2023-24
Not reported
25,063+15% 12 mo to Sep 2024LinkedIn · Jul 2026
48 yr1978
20postings · last posted Sep 2026

Provider of non-banking financial services

Consumer and sme loans
₹16,300.27 crFY 2024-25
+15%2024–2025
60,856-74% 12 mo to Jul 2024LinkedIn · Jul 2026
19 yr2007
56postings · last posted Sep 2026

Provider of vehicle, rural and construction equipment loans

Consumer and sme loans
₹15,940.98 crFY 2024-25
+13%2024–2025
9-12% 12 mo to Oct 2023LinkedIn · Jul 2026
32 yr1994
3postings · last posted Aug 2026

Provider of consumer & SME loans

Consumer and sme loans
₹12,832.40 crFY 2022-23
Not reported
12,297+1% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of consumer and SME loans

Consumer and sme loans
₹11,975.00 crFY 2022-23
Not reported
12,148+4% 12 mo to Sep 2024LinkedIn · Jul 2026
139 yr1887
64postings · last posted Sep 2026

Provider of online gold, home, personal & business loans

Consumer and sme loans
₹10,490.47 crFY 2023-24
Not reported
16,076-4% 12 mo to Aug 2024recorded Aug 2024
31 yr1995
23postings · last posted Sep 2026

Provider of diverisifed loans for inidivuals and businesses

Consumer and sme loans
₹10,611.86 crFY 2024-25
+4%2024–2025
200+4% 12 mo to Sep 2024recorded Sep 2024
19 yr2007
3postings · last posted Sep 2026

Provider of consumer and SME loans

Consumer and sme loans
₹9,918.30 crFY 2023-24
Not reported
75,643-18% 12 mo to May 2024recorded May 2024
47 yr1979
—No postings tracked

Diversified lending NBFI

Consumer and sme loans
₹9,575.96 crFY 2024-25
+26%2024–2025
6,575-89% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Diversified lending NBFI

Consumer and sme loans
₹8,725.79 crFY 2022-23
Not reported
668-36% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
—No postings tracked

Provider of vehicle and auto loans

Consumer and sme loans
₹6,785.37 crFY 2021-22
Not reported
70-96% 12 mo to Nov 2022LinkedIn · Jul 2026
52 yr1974
—No postings tracked

Provider of consumer and SME loans

Consumer and sme loans
₹6,749.95 crFY 2022-23
Not reported
15,716-27% 12 mo to Mar 2024LinkedIn · Jul 2026
34 yr1992
2postings · last posted Aug 2026

Housing Loan provider

Consumer and sme loans
₹6,200.73 crFY 2021-22
Not reported
7,236+10% 12 mo to Sep 2024LinkedIn · Jul 2026
38 yr1988
3postings · last posted Aug 2026

Home loans

Consumer and sme loans
₹6,975.36 crFY 2024-25
+34%2024–2025
5,656+41% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
1postings · last posted Aug 2026

Provider of consumer, housing, and business loans

Consumer and sme loans
₹6,712.40 crFY 2023-24
+0%2023–2024
13,839+158% 12 mo to Aug 2024LinkedIn · Jul 2026
42 yr1984
1postings · last posted Jul 2026

Provider of consumer personal and auto loans

Consumer and sme loans
₹6,631.12 crFY 2024-25
Not reported
13,108-4% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
1postings · last posted Aug 2026

Real estate financing firm

Asset finance
₹6,280.51 crFY 2024-25
+35%2024–2025
5,690+22% 12 mo to Mar 2024LinkedIn · Jul 2026
18 yr2008
5postings · last posted Aug 2026

Provider of consumer & SME loans and equipment & vehicle leasing services

Consumer and sme loans
₹5,145.67 crFY 2021-22
Not reported
4,279+8% 12 mo to Jul 2024LinkedIn · Jul 2026
72 yr1954
1postings · last posted Sep 2026
50 of 1,192 companies shown here · the full list is on Radar
Fliar Radar

Explore all 1,192 consumer and sme loans companies in India on Radar

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

Open consumer and sme loans in India on Radar
  • Every company, not just 50All 1,192 consumer and sme loans companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore consumer and SME loans companies in India by what you are looking for

Browse consumer and SME lending companies in India, from NBFC lenders and housing finance firms to microfinance and digital lending platforms. You can also find SME loan providers, vehicle finance companies and consumer and SME loans startups in India.

8 ways to explore consumer and sme loans in India

NBFC lenders & finance companiesDigital lending platforms & fintech lendersHome loan & affordable housing finance companiesVehicle & asset finance companiesMicrofinance & rural lending companiesAsset management & investment firms offering loans

NBFC lenders & finance companies

Non-banking finance companies offering personal, business and consumer loans.

  1. Helpage Finlease

    Provider of diversified SME loans

    Consumer and sme loans
    Website
  2. HDFC

    Provider of housing finance solutions

    Consumer and sme loans
    See in list
  3. PFC

    Real estate and infrastructure financing firm

    Consumer and sme loans
    See in list
  4. Bajaj Auto Finance

    Provider of auto finance services

    Auto retail & aftersales
    See in list
  5. Aditya Birla Capital

    Provider of loans, investments, insurance, UPI, and bill payment services

    Consumer and sme loans
    See in list

Digital lending platforms & fintech lenders

Online lenders and platforms for quick personal and business credit.

  1. Avanti

    Provider of financial services focused on livelihood advancement for underserved communities

    Alternative lending
    Website
  2. Indifi

    Provider of loan products and services for small and medium businesses

    Alternative lending
    Website
  3. Bhanix Finance and Investment

    Developer of an online platform for personal loans

    Consumer and sme loans
    Website
  4. Hindon Mercantile

    Provider of secured and unsecured loans for personal and business needs

    Consumer and sme loans
    Website
  5. Groww Credit

    Provider of digital lending solutions, offering instant personal loans with flexible repayment options at competitive interest rates.

    Consumer and sme loans
    Website

Home loan & affordable housing finance companies

Housing finance companies offering home loans, including affordable housing.

  1. Tata Capital Housing Finance

    Home loans

    Consumer and sme loans
    See in list
  2. Aadhar Housing Finance

    Loans for affordable housing in tier 2,3 and 4 cities

    Consumer and sme loans
    See in list
  3. AAVAS

    Provider of housing finance and home loans

    Consumer and sme loans
    See in list
  4. Repco Home

    Provider of affordable housing finance services

    Consumer and sme loans
    See in list
  5. MRHMFL

    Home loans in semi urban and rural areas

    Consumer and sme loans
    See in list

Vehicle & asset finance companies

Lenders for cars, commercial vehicles, equipment and other assets.

  1. Bajaj Auto Finance

    Provider of auto finance services

    Auto retail & aftersales
    See in list
  2. L&T Finance

    Provider of vehicle, rural and construction equipment loans

    Consumer and sme loans
    See in list
  3. Hinduja Leyland Finance

    Real estate financing firm

    Asset finance
    See in list
  4. ORIX

    Provider of motor vehicles rentals and leasing services

    Car rentals
    See in list
  5. STCI Finance

    Diversified lending NBFI

    Consumer and sme loans
    Website

Microfinance & rural lending companies

Microcredit, farm loans and lending to small and rural borrowers.

  1. IIFL Samasta

    Provider of microcredit services for women empowerment

    Microfinance
    See in list
  2. Samunnati

    Agri enterprise empowering farmers through finance, trade, innovation, and community

    Consumer and sme loans
    See in list
  3. Annapurna Finance

    Provider of microfinance services for economic empowerment

    Microfinance
    See in list
  4. Arman Financial Services

    Auto loans provider

    Consumer and sme loans
    Website
  5. SAVE Solutions

    Provider of micro finance services

    Microfinance
    Website

Asset management & investment firms offering loans

Asset managers, investment banks and funds active in lending.

  1. Aditya Birla Capital

    Provider of loans, investments, insurance, UPI, and bill payment services

    Consumer and sme loans
    See in list
  2. Piramal Capital & Housing Finance

    Provider of consumer, housing, and business loans

    Consumer and sme loans
    See in list
  3. JM Financial

    Investment bank firm focused on multiple sectors

    Investment banks
    See in list
  4. Abans Finserv

    Provider of investment management services

    Asset management
    See in list
  5. Centrum

    Regional investment bank

    Investment banks
    See in list

Consumer and SME loans startups in India

Newer lending companies founded in the last few years.

  1. Lt Housing Finance

    Platform offering home loans to middle and premium segments

    Consumer and sme loans
    Website
  2. Groww Credit

    Provider of digital lending solutions, offering instant personal loans with flexible repayment options at competitive interest rates.

    Consumer and sme loans
    Website
  3. Respo

    Lending company providing loans for customers

    Consumer and sme loans
    Website
  4. RV Capitals

    Financial services company offering life insurance, car insurance, and other investment products to individuals

    Consumer and sme loans
    Website
  5. Religare Finvest

    Provider of SME loans

    Consumer and sme loans
    Website
134 companies in India

Listed lending companies in India

Publicly traded lenders and finance companies.

  1. Helpage Finlease

    Provider of diversified SME loans

    Consumer and sme loans
    Website
  2. HDFC

    Provider of housing finance solutions

    Consumer and sme loans
    See in list
  3. PFC

    Real estate and infrastructure financing firm

    Consumer and sme loans
    See in list
  4. Aditya Birla Capital

    Provider of loans, investments, insurance, UPI, and bill payment services

    Consumer and sme loans
    See in list
  5. Tata Capital

    Diversified non-banking financial company

    Consumer and sme loans
    See in list
192 companies in India
Mobile reach

Top 10 consumer and sme loans apps from India

The most-installed Android apps published by consumer and sme loans companies headquartered in India — 293.7M installs between them. 151 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Bajaj Finserv: Loans, UPI & FD

by Bajaj Finserv

Installs190.9M
Rating4.767.3M ratings
Last updatedMar 2026
View on Google Play ↗
Bajaj Finserv: Loans, UPI & FD screenshot 1Bajaj Finserv: Loans, UPI & FD screenshot 2Bajaj Finserv: Loans, UPI & FD screenshot 3Bajaj Finserv: Loans, UPI & FD screenshot 4Bajaj Finserv: Loans, UPI & FD screenshot 5Bajaj Finserv: Loans, UPI & FD screenshot 6
2

Shriram One: FD, UPI, Loans

by Shriram Finance

Installs21.2M
Rating3.75186K ratings
Installs, year on year+24%
Last updatedMay 2026
View on Google Play ↗
Shriram One: FD, UPI, Loans screenshot 1Shriram One: FD, UPI, Loans screenshot 2Shriram One: FD, UPI, Loans screenshot 3Shriram One: FD, UPI, Loans screenshot 4Shriram One: FD, UPI, Loans screenshot 5Shriram One: FD, UPI, Loans screenshot 6
3

TVS Credit Saathi

by TVS Credit

Installs19.1M
Rating4.14208K ratings
Last updatedJun 2026
View on Google Play ↗
TVS Credit Saathi screenshot 1TVS Credit Saathi screenshot 2TVS Credit Saathi screenshot 3TVS Credit Saathi screenshot 4TVS Credit Saathi screenshot 5TVS Credit Saathi screenshot 6
6

Tata Capital Loan App & Wealth

by Tata Capital

Installs9.2M
Rating4.28102K ratings
Installs, year on year+30%
Last updatedJun 2026
View on Google Play ↗
Tata Capital Loan App & Wealth screenshot 1Tata Capital Loan App & Wealth screenshot 2Tata Capital Loan App & Wealth screenshot 3Tata Capital Loan App & Wealth screenshot 4Tata Capital Loan App & Wealth screenshot 5Tata Capital Loan App & Wealth screenshot 6
7

Hero FinCorp - Customer App

by Hero Fincorp

Installs8.2M
Rating3.6459K ratings
Last updatedMay 2026
View on Google Play ↗
Hero FinCorp - Customer App screenshot 1Hero FinCorp - Customer App screenshot 2Hero FinCorp - Customer App screenshot 3Hero FinCorp - Customer App screenshot 4Hero FinCorp - Customer App screenshot 5Hero FinCorp - Customer App screenshot 6
8

IIFL Finance: Gold & MSME Loan

by IIFL Finance

Installs7.9M
Rating4.04124K ratings
Last updatedJun 2026
View on Google Play ↗
IIFL Finance: Gold & MSME Loan screenshot 1IIFL Finance: Gold & MSME Loan screenshot 2IIFL Finance: Gold & MSME Loan screenshot 3IIFL Finance: Gold & MSME Loan screenshot 4IIFL Finance: Gold & MSME Loan screenshot 5IIFL Finance: Gold & MSME Loan screenshot 6
9

BharatLoan: Personal Loan App

by BharatLoan

Installs6.2M
Rating—
Installs, year on year+60%
Last updatedJun 2026
View on Google Play ↗
BharatLoan: Personal Loan App screenshot 1BharatLoan: Personal Loan App screenshot 2BharatLoan: Personal Loan App screenshot 3BharatLoan: Personal Loan App screenshot 4BharatLoan: Personal Loan App screenshot 5BharatLoan: Personal Loan App screenshot 6
The business behind the activity

Consumer and sme loans financials in India

Revenue, profit and growth from the filed annual accounts of 386 consumer and sme loans companies in India for FY24-25 — 628 of the 1,192 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 48% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹81,785.58 cr

386 companies filing accounts

combined net profit₹1,867.08 cr

2.3% aggregate margin

are profitable73%

274 of 386 companies

median revenue~₹12.9 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five48%

revenue concentration

Six-year view

Combined revenue of filing companies

₹71,740.77 crFY19-20416 filers
₹72,797.10 crFY20-21436 filers
₹64,942.73 crFY21-22448 filers
₹103,124.75 crFY22-23443 filers
₹113,892.58 crFY23-24439 filers
₹81,785.58 crFY24-25386 filers

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

Like-for-like

The same 354 companies over three years

+59%
FY22-23₹48,169.29 cr₹2,082.69 cr net
FY23-24₹63,566.83 cr₹3,929.63 cr net
FY24-25₹76,481.54 cr₹5,142.52 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 cr7956% profitable
₹1–10 cr10077% profitable
₹10–100 cr12974% profitable
₹100–1,000 cr5978% profitable
Over ₹1,000 cr1958% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking115
0–20%101
20–50%73
50–100%46
Doubled+37

372 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

274profitable
99loss-making
2.3%aggregate margin
4.5%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
GrowXCDGROWXCD FINANCE PRIVATE LIMITED+663%₹28.68 cr
InPrime FinservSTK CREDIT PRIVATE LIMITED₹10.06 cr
BP SecuritiesB P SECURITIES (INDIA) PRIVATE LIMITED+552%
EdgroEDGRO FINANCE PRIVATE LIMITED+539%₹50.86 cr
RespoRESPO FINANCIAL CAPITAL PRIVATE LIMITED+444%
Vridhi Finserv Home FinanceVRIDHI FINSERV HOME FINANCE LIMITED+378%₹54.58 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Perfect HomfinPERFECT HOMFIN PRIVATE LIMITED72.6%₹18.41 cr
Surya IndiaSURYA INDIA LIMITED₹18.95 cr
Vaya FinservBHUVANAHITA PRIVATE LIMITED₹25.30 cr
Richbond CapitalRICHBOND CAPITAL PRIVATE LIMITED55.9%
Lord FincapLORD FINCAP LIMITED54.8%₹12.92 cr
Abans FinservAbans Financial Services Limited
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Consumer and sme loans342₹70,976.04 cr~₹11.6 cr75%1.4%
Microfinance7₹2,616.01 cr~₹44.6 cr71%3.5%
Alternative lending15₹798.25 cr~₹18.5 cr53%-2.0%
Leaders

Largest consumer and sme loans companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
HDB Financial ServicesHdb Financial Services Limited₹16,300.27 cr——+15%
Bajaj Housing FinanceBajaj Housing Finance Limited₹9,575.96 cr₹2,162.90 cr22.6%+26%
Tata Capital Housing FinanceTATA CAPITAL HOUSING FINANCE LIMITED₹6,975.36 cr₹1,498.93 cr21.5%+34%
AFLAXIS FINANCE LIMITED₹652.47 cr15.9%+30%
KrazyBeeKRAZYBEE SERVICES LIMITED
Annapurna FinanceANNAPURNA FINANCE PRIVATE LIMITED
Home Credit GroupHome Credit India Finance Private Limited
SamunnatiSAMUNNATI AGRI VALUE CHAIN SOLUTIONS PRIVATE LIMITED
Repco HomeREPCO HOME FINANCE LIMITED
VeritasVERITAS FINANCE LIMITED₹1,557.40 cr18.9%+39%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full consumer and sme loans landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the consumer and sme loans landscape of India
For investors and data teams

Put this intelligence into your own tools

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

Consumer and sme loans funding and M&A across India

541 recorded equity rounds have gone to 1,606 consumer and sme loans companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months8

US$145.22m

equity rounds, last 24 months40

US$860.57m

raised over five yearsUS$5.08bn

231 rounds in India

M&A deals, India150

last 24 months

Capital by year

Equity funding into consumer and sme loans in India

amount rounds
$879m201859
$1.1bn201953
$500m202034
$693m202148
$1.2bn202254
$726m202349
$1.9bn202448
$395m202528
$95m20264

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$1.94bn across 48 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$37.56m24 rounds · median US$616k
SeedUS$88.70m54 rounds · median US$1.10m
Series AUS$254.85m44 rounds · median US$4.16m
Series BUS$621.30m28 rounds · median US$16.49m
Series CUS$1.06bn20 rounds · median US$40.75m
Series D+US$2.34bn53 rounds · median US$29.94m
Private equityUS$680.16m8 rounds · median US$35.45m
Where the money went · five years

Most-funded sub-sectors

Consumer and sme loansUS$4.12bn189 rounds · 83 companies
Alternative lendingUS$528.70m25 rounds · 9 companies
MicrofinanceUS$173.38m5 rounds · 1 companies
Asset financeUS$144.23m4 rounds · 2 companies
Higher education techUS$97.81m3 rounds · 1 companies
Service providers to banksUS$15.77m3 rounds · 1 companies
Investment consultantsUS$1.84m2 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

133Acquisition
17Merger

Most active acquirers

  1. Bajaj finserv7
  2. Power finance6
  3. Piramal finance6
  4. Avenir Investment RSC3
  5. Societe generale3

Most acquired or merged

  1. Sammaan Capital13
  2. Shriram finance8
  3. Manappuram finance6
  4. Nido Home Finance5
  5. Religare Enterprises5

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

Consumer and sme loans funding in India

119 consumer and sme loans companies in India have recorded equity funding, US$7.18bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind consumer and sme loans companies in India. 548 of 1,192 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India consumer and sme loans companies by sub-sector

The most common specialisations among consumer and sme loans companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring consumer and sme loans in India and nearby markets.

Coming soon