Company lists
The Maharashtra edition · 2026

Consumer and sme loanscompanies in Maharashtra

NBFC lenders, home & housing finance, digital & alternative lenders, vehicle & asset finance, SME & working capital and more: the companies building consumer and sme loans in Maharashtra, with their founders, funding, team size and business models.

294 company profiles152 with reported revenue36 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent consumer and sme loans business events in Maharashtra

Funding, M&A, contract wins and launches involving 383 consumer and sme loans companies in Maharashtra, last 24 months: 91 funding rounds · 75 M&A deals · 22 launches · 12 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

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
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
FundingEquity Stake Sale

Aditya birla housing finance

Aditya Birla Capital on Friday said its housing finance subsidiary has raised Rs 2,750 crore by selling 14.29 per cent stake to Indriya Ltd, an arm of PE investor Advent International.

Investors Indriya
Housing 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
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 · Announced

Indriya acquires Aditya birla housing finance

Fair trade regulator CCI on Tuesday cleared Advent International’s proposal to acquire a 14.3 per cent stake in Aditya Birla Housing Finance Ltd.

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&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…

ContractService

One Point One Solutions Limited · client: Piramal finance

Mumbai : One Point One Solutions Limited (NSE: ONEPOINT), a leading provider of technology-enabled Business Process Management (BPM) and customer experience operations, today announced…

BFSI
LaunchAI monitoring framework

Axis Finance Limited

Axis Finance Limited (AFL), an India-based non-banking financial company (NBFCs), announced the rollout of a fully AI-led quality monitoring framework for its collection calls, aimed at…

FundingPrivate placement

Tata capital

Tata Capital Limited has allotted 34,300 secured redeemable non-convertible debentures through a private placement on March 4, 2026, raising Rs 343 crore.

M&AAcquisition · Completed

Weaver Services acquires Centrum housing finance

The lender, founded by former HDFC Ltd executive Satrajit Bhattacharya, used the funds to acquire a 75.01% stake in CHFL, the mortgage lending arm of Centrum Capital.

FundingDebt

Anupam finserv

Anupam Finserv has raised Rs 5.19 crore through the allotment of Tranche 2 of 519 Secured, Unlisted, Unrated, Redeemable, Fully Paid Non-Convertible Debentures (NCDs), of face value of…

Finance
FundingDebt issuance

Iifl finance

IIFL Finance has raised Rs 500 crore through the allotment of 50,000 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,000 each…

Financial services
FundingDebt

Motilal oswal home finance

Motilal Oswal Financial Services’ subsidiary — Motilal Oswal Home Finance (MOHFL) has entered into an agreement to raise $100 million in INR-equivalent from the Asian Development Bank…

Home Finance / Construction Finance
FundingPrivate Placement

Bajaj housing finance

Bajaj Housing Finance Limited has allotted 50,000 secured redeemable non-convertible debentures at a face value of Rs. 1,00,000 each, aggregating to Rs. 503.4165 crore, on a private…

Finance
FundingPublic issue of secured redeemable non‑convertible debentures

Edelweiss financial services

Edelweiss Financial Services Limited, on March 2, 2026, announced a Rupees 3,500 million public issue of secured redeemable non‑convertible debentures.

Financial Services
LaunchSawaal Karo, Phir Loan Lo

Tata capital

Tata Capital has announced the launch of ‘Sawaal Karo, Phir Loan Lo’, a national public initiative focused on empowering individuals to make well-informed borrowing decisions.

M&AAcquisition · Announced

The carlyle group acquires Nido Home Finance

Edelweiss Financial Services Limited announced it will bring in The Carlyle Group as a strategic majority investor in Nido Home Finance Limited.

Housing Finance
FundingEquity

Nido Home Finance

U.S. private equity firm Carlyle will invest 21 billion rupees ($232 million) in the housing finance unit of India's Edelweiss Financial, the Indian firm said on Tuesday.

Investors Carlyle
Housing finance
M&AAcquisition

Advent international acquires Aditya birla housing finance

On 3 February, private equity firm Advent International said it would acquire a 14.3% stake in Aditya Birla Housing Finance Ltd for ₹2,750 crore, valuing the company at ₹19,250 crore on…

Housing Finance
M&AAcquisition · Announced

Carlyle Group acquires Nido Home Finance

Mumbai: Global private equity firm Carlyle Group will acquire a strategic majority stake in its housing finance arm, Nido Home Finance, for Rs 2,100 crore, Edelweiss Financial Services…

Housing Finance

Consumer and sme loans companies in Maharashtra, by revenue

Browse consumer and sme loans companies in Maharashtra 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 152 consumer and sme loans companies in Maharashtra 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

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

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 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

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

Investment bank firm focused on multiple sectors

Investment banks
₹3,343.07 crFY 2022-23
Not reported
4,012+10% 12 mo to Mar 2023LinkedIn · Jul 2026
53 yr1973
0none in 3 months

Provider of investment management services

Asset management
₹3,283.14 crFY 2024-25
+138%2024–2025
360LinkedIn · Jul 2026
21 yr2005
6postings · last posted Aug 2026

Provider of consumer and SME loans

Consumer and sme loans
₹3,250.84 crFY 2024-25
+40%2024–2025
5,954-14% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Home loan, loan against property

Consumer and sme loans
₹2,648.26 crFY 2023-24
+36%2023–2024
5,113+20% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months · last posted Feb 2025

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

Consumer and sme loans
₹2,586.98 crFY 2023-24
+27%2023–2024
5,796+12% 12 mo to Jul 2024LinkedIn · Jul 2026
16 yr2010
8postings · last posted Sep 2026

Regional investment bank

Investment banks
₹2,238.66 crFY 2023-24
Not reported
29-57% 12 mo to Jun 2024recorded Jun 2024
29 yr1997
—No postings tracked

Diversified investment management firm

Asset management
₹1,713.46 crFY 2023-24
Not reported
20+0% 12 mo to Sep 2024recorded Sep 2024
100 yr1926
—No postings tracked

Provider of motor vehicles rentals and leasing services

Car rentals
₹1,727.87 crFY 2024-25
+16%2024–2025
1,228+34% vs previous recordrecorded Sep 2024
31 yr1995
0none in 3 months

Housing finance company focused on providing affordable home loans

Consumer and sme loans
₹1,539.20 crFY 2024-25
Not reported
2,578+32% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Real estate and infrastructure financing firm

Consumer and sme loans
₹1,397.54 crFY 2023-24
+18%2023–2024
2,173+62% 12 mo to Aug 2024LinkedIn · Jul 2026
17 yr2009
1postings · last posted Jul 2026
50 of 294 companies shown here · the full list is on Radar
Fliar Radar

Explore all 294 consumer and sme loans companies in Maharashtra 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 294 consumer and sme loans companies in Maharashtra, 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.
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Explore consumer and SME loans companies in Maharashtra by what you are looking for

Find consumer and SME lending companies in Maharashtra, from NBFC lenders and home loan providers to digital lenders and vehicle finance. Compare types of SME loans and consumer loans by the lender that offers them.

9 ways to explore consumer and sme loans in Maharashtra

NBFC lenders & diversified finance companiesHome loan & affordable housing finance companiesDigital lending & alternative lending platformsAuto, two-wheeler & vehicle loan companiesSME, working capital & business loan providersAsset management, investment banking & financial services groups

NBFC lenders & diversified finance companies

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

  1. HDFC

    Provider of housing finance solutions

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

    Provider of auto finance services

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

    Provider of vehicle, rural and construction equipment loans

    Consumer and sme loans
    See in list
  4. Tata Capital Housing Finance

    Home loans

    Consumer and sme loans
    See in list
  5. Volkswagen Finance

    Provider of vehicle loans services

    Consumer and sme loans
    Website

Home loan & affordable housing finance companies

Housing finance companies offering home loans and loans for affordable housing.

  1. Aadhar Housing Finance

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

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

    Provider of affordable financial services

    Consumer and sme loans
    See in list
  3. Roha Housing Finance

    Provider of home loan and financial services.

    Consumer and sme loans
    Website
  4. Khfl

    Provider of affordable home Loans

    Affordable housing
    Website
  5. India Home Loan

    Offers affordable home loan and loan against property

    Consumer and sme loans
    Website

Digital lending & alternative lending platforms

Online lenders, loan comparison platforms and lending technology providers.

  1. RuLoans

    Loan & financial product comparison portal

    Consumer and sme loans
    See in list
  2. Auxilo

    Provider of financial products focused on education loans and related services

    Higher education tech
    See in list
  3. Dhani Loans and Services

    Online platform offering personal loan fulfillment services for customers in India.

    Consumer and sme loans
    See in list
  4. Bhanix Finance and Investment

    Developer of an online platform for personal loans

    Consumer and sme loans
    See in list
  5. Apollo Finvest

    Enable companies to offer digital loans

    Alternative lending
    Website

Auto, two-wheeler & vehicle loan companies

Lenders financing cars, two-wheelers, commercial vehicles and equipment.

  1. Bajaj Auto Finance

    Provider of auto finance services

    Auto retail & aftersales
    See in list
  2. ORIX

    Provider of motor vehicles rentals and leasing services

    Car rentals
    See in list
  3. Manba Finance

    Provider of two-wheeler and three-wheeler loans, and other personal and small business loans

    Auto retail & aftersales
    Website
  4. Greaves Finance

    Provider of auto loans for two-wheelers

    Consumer and sme loans
    Website
  5. WheelsEMI

    Provider of two wheeler loans

    Consumer and sme loans
    Website

SME, working capital & business loan providers

Providers of business loans, working capital and mezzanine financing for small businesses.

  1. India Factoring and Finance Solutions

    Factoring and forfaiting company

    Consumer and sme loans
    Website
  2. Dhoot Industrial Finance

    Industrial finance provider

    Consumer and sme loans
    Website
  3. Insta Capital

    Working capital loans provider

    Consumer and sme loans
    Website
  4. SAFL

    Agri, MSME & Retail loans provider, empowering lives through financial solutions

    Crop finance
    Website
  5. Netafim Agricultural Financial Agency

    NBFC offering credit products to farmers and irrigation equipment providers

    Consumer and sme loans
    Website

Asset management, investment banking & financial services groups

Diversified financial groups covering asset management, investment banking and insurance.

  1. Bajaj Auto Finance

    Provider of auto finance services

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

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

    Consumer and sme loans
    See in list
  3. Tata Capital

    Diversified non-banking financial company

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

    Provider of consumer, housing, and business loans

    Consumer and sme loans
    See in list
  5. JM Financial

    Investment bank firm focused on multiple sectors

    Investment banks
    See in list

Listed consumer and SME loans companies in Maharashtra

Publicly listed lenders and finance companies in Maharashtra.

  1. HDFC

    Provider of housing finance solutions

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

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

    Consumer and sme loans
    See in list
  3. Tata Capital

    Diversified non-banking financial company

    Consumer and sme loans
    See in list
  4. LIC Housing Finance

    Diversified lending NBFI for consumer and business loans

    Consumer and sme loans
    See in list
  5. HDB Financial Services

    Provider of non-banking financial services

    Consumer and sme loans
    See in list
55 companies in Maharashtra

Consumer and SME loans startups in Maharashtra

Recently founded lending companies in Maharashtra.

  1. Respo

    Lending company providing loans for customers

    Consumer and sme loans
    Website
  2. TezzCapital

    Provider of online MSME business loans and financial services

    Consumer and sme loans
    Website
  3. Finaleap

    Provider of consumer loans

    Consumer and sme loans
    Website
  4. Micro Green Housing Finance

    Provider of finance for home purchase, construction, improvement, and extension

    Consumer and sme loans
    Website
  5. OneFT

    Fintech platform that facilitates green finance and offers a digital platform for arranging financial solutions for its customers

    Consumer and sme loans
    Website
35 companies in Maharashtra

Consumer and SME loans companies hiring in Maharashtra

Lending companies in Maharashtra that are currently hiring.

  1. HDFC

    Provider of housing finance solutions

    Consumer and sme loans
    See in list
  2. Tata Capital

    Diversified non-banking financial company

    Consumer and sme loans
    See in list
  3. LIC Housing Finance

    Diversified lending NBFI for consumer and business loans

    Consumer and sme loans
    See in list
  4. HDB Financial Services

    Provider of non-banking financial services

    Consumer and sme loans
    See in list
  5. L&T Finance

    Provider of vehicle, rural and construction equipment loans

    Consumer and sme loans
    See in list
37 companies in Maharashtra
Mobile reach

Top 10 consumer and sme loans apps from Maharashtra

The most-installed Android apps published by consumer and sme loans companies headquartered in Maharashtra — 270.4M installs between them. 48 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
5

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
6

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
7

Mahindra Finance: Loans & FD

by Mahindra Finance

Installs4.8M
Rating3.9346K ratings
Last updatedMay 2026
View on Google Play ↗
Mahindra Finance: Loans & FD screenshot 1Mahindra Finance: Loans & FD screenshot 2Mahindra Finance: Loans & FD screenshot 3Mahindra Finance: Loans & FD screenshot 4Mahindra Finance: Loans & FD screenshot 5
8

HDFC Bank Home Loans

by HDFC

Installs4.4M
Rating2.332K ratings
Last updatedMay 2026
View on Google Play ↗
HDFC Bank Home Loans screenshot 1HDFC Bank Home Loans screenshot 2HDFC Bank Home Loans screenshot 3HDFC Bank Home Loans screenshot 4HDFC Bank Home Loans screenshot 5HDFC Bank Home Loans screenshot 6
10

Choice FinX: Demat Account App

by Choice

Installs2.7M
Rating3.7422K ratings
Installs, year on year+32%
Last updatedJun 2026
View on Google Play ↗
Choice FinX: Demat Account App screenshot 1Choice FinX: Demat Account App screenshot 2Choice FinX: Demat Account App screenshot 3Choice FinX: Demat Account App screenshot 4Choice FinX: Demat Account App screenshot 5Choice FinX: Demat Account App screenshot 6
The business behind the activity

Consumer and sme loans financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 98 consumer and sme loans companies in Maharashtra for FY24-25 — 168 of the 294 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 71% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹54,338.24 cr

98 companies filing accounts

combined net profit₹498.60 cr

0.9% aggregate margin

are profitable62%

56 of 98 companies

median revenue~₹25.0 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five71%

revenue concentration

Six-year view

Combined revenue of filing companies

₹49,857.92 crFY19-20113 filers
₹53,711.37 crFY20-21114 filers
₹46,548.65 crFY21-22118 filers
₹78,610.49 crFY22-23119 filers
₹77,509.33 crFY23-24111 filers
₹54,338.24 crFY24-2598 filers

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

Like-for-like

The same 85 companies over three years

+53%
FY22-23₹33,609.37 cr₹1,488.95 cr net
FY23-24₹43,196.08 cr₹1,851.88 cr net
FY24-25₹51,504.77 cr₹3,750.72 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 cr1844% profitable
₹1–10 cr2467% profitable
₹10–100 cr2462% profitable
₹100–1,000 cr2157% profitable
Over ₹1,000 cr1145% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking30
0–20%21
20–50%23
50–100%10
Doubled+8

92 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

56profitable
34loss-making
0.9%aggregate margin
3.0%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
RespoRESPO FINANCIAL CAPITAL PRIVATE LIMITED+444%
HFSNTT GLOBAL DATA CENTERS NAV2 PRIVATE LIMITED
Greaves FinanceGREAVES FINANCE LIMITED
Navadhan CapitalNAVADHAN CAPITAL PRIVATE LIMITED+138%₹50.50 cr
Abans FinservAbans Financial Services Limited+111%₹30.76 cr
Svakarma FinanceSVAKARMA FINANCE PRIVATE LIMITED+93%₹54.00 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Richbond CapitalRICHBOND CAPITAL PRIVATE LIMITED55.9%
Abans FinservAbans Financial Services Limited48.7%₹30.76 cr
Insta CapitalINSTA CAPITAL PRIVATE LIMITED41.4%₹12.61 cr
Dhoot Industrial FinanceDHOOT INDUSTRIAL FINANCE LIMITED32.0%₹58.93 cr
Starteck FinanceSTARTECK FINANCE LIMITED30.2%
CapwiseCAPWISE FINANCIAL SERVICES PRIVATE LIMITED29.5%₹22.63 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Consumer and sme loans84₹47,783.56 cr~₹22.8 cr62%-0.8%
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%
HomeFirst FinanceHOME FIRST FINANCE COMPANY INDIA LIMITED₹1,539.20 cr——+33%
UGRO CapitalUGRO CAPITAL LIMITED
SMFG India Home FinanceSMFG INDIA HOME FINANCE COMPANY LIMITED
Mahanagar Telephone Nigam Limited Mumbai Employees Cooperative Credit BureauMAHANAGAR TELEPHONE NIGAM LIMITED
Mahindra home financeMAHINDRA RURAL HOUSING FINANCE LIMITED
ORIXORIX CORPORATION INDIA LIMITED₹1,180.81 cr₹41.21 cr3.5%+12%
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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.

For investors and data teams

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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

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 Maharashtra 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, Maharashtra75

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 Maharashtra

64Acquisition
11Merger

Most active acquirers

  1. Bajaj finserv7
  2. Piramal finance6
  3. Mufg bank2
  4. Weaver Services2
  5. Carlyle Group2

Most acquired or merged

  1. Shriram finance8
  2. Nido Home Finance5
  3. Axis finance3
  4. Trucap finance3
  5. Indostar Home Finance3

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

Consumer and sme loans funding in Maharashtra

36 consumer and sme loans companies in Maharashtra have recorded equity funding, US$1.41bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind consumer and sme loans companies in Maharashtra. 167 of 294 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra consumer and sme loans companies by sub-sector

The most common specialisations among consumer and sme loans companies in Maharashtra. 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