Company lists
The Mumbai edition · 2026

Consumer and sme loanscompanies in Mumbai

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

227 company profiles133 with reported revenue26 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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
FundingPreferential allotment

Mufin green finance

Mufin Green Finance has completed a preferential allotment, raising about ₹324 crore through the issuance of equity shares and warrants.

Investors Hindon mercantile, Sageone Capital, Sandeep Kapadia, Ds group
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

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

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

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

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…

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 · 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)
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 Corporate Tower 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 Mumbai, by revenue

Browse consumer and sme loans companies in Mumbai 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 133 consumer and sme loans companies in Mumbai, 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 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
₹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

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

Provider of diversified loans for their members

Consumer and sme loans
₹1,378.52 crFY 2024-25
+0%2024–2025
2,018-4% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
0none in 3 months

A housing finance company that provides housing loans

Consumer and sme loans
₹1,307.11 crFY 2024-25
+30%2024–2025
—Not available
16 yr2010
0none in 3 months · last posted Jun 2026

Provider of affordable housing loans

Consumer and sme loans
₹1,196.70 crFY 2024-25
-8%2024–2025
3,957-35% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
2postings · last posted Jul 2026
50 of 227 companies shown here · the full list is on Radar
Fliar Radar

Explore all 227 consumer and sme loans companies in Mumbai 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 Mumbai on Radar
  • Every company, not just 50All 227 consumer and sme loans companies in Mumbai, filterable by stage, funding, team size, revenue model and age.
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Explore consumer and SME loans companies in Mumbai by what you are looking for

Discover top consumer and SME loans companies in Mumbai, from NBFC lenders and housing finance firms to digital lending startups in Mumbai. Compare lenders for home loans, business loans and vehicle loans.

9 ways to explore consumer and sme loans in Mumbai

NBFC lenders & finance companiesHome loan & affordable housing finance companiesDigital & alternative lending companiesVehicle & asset finance companiesInvestment banks & asset management firmsMicrofinance & farm loan companies

NBFC lenders & finance companies

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

  1. HFS

    Provider of financial products including business, working capital, and MSME loans

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

    Developer of an online platform for personal loans

    Consumer and sme loans
    See in list
  3. Navadhan Capital

    Finance startup focused on connecting small rural businesses and underbanked households with financial resources

    Consumer and sme loans
    Website
  4. Si Creva Capital Services

    Digital lending platform that enables customers to access credit for their shopping needs, offering personal loans with flexible repayment terms and a seamless application process

    Service providers to banks
    Website
  5. Gromor Finance

    Provider of financial assistance for small business working capital and growth

    Asset finance
    Website

Home loan & affordable housing finance companies

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

  1. ICICI Home Finance

    Home loan, loan against property

    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. SMFG India Home Finance

    A housing finance company that provides housing loans

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

    Provider of affordable financial services

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

    Provider of home loan and financial services.

    Consumer and sme loans
    Website

Digital & alternative lending companies

Online lenders and lending platforms for personal, education and medical loans.

  1. Auxilo

    Provider of financial products focused on education loans and related services

    Higher education tech
    See in list
  2. HFS

    Provider of financial products including business, working capital, and MSME loans

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

    Developer of an online platform for personal loans

    Consumer and sme loans
    See in list
  4. Apollo Finvest

    Enable companies to offer digital loans

    Alternative lending
    Website
  5. Si Creva Capital Services

    Digital lending platform that enables customers to access credit for their shopping needs, offering personal loans with flexible repayment terms and a seamless application process

    Service providers to banks
    Website

Vehicle & asset finance companies

Lenders financing vehicles, equipment and working capital.

  1. L&T Finance

    Provider of vehicle, rural and construction equipment loans

    Consumer and sme loans
    See in list
  2. STCI Finance

    Diversified lending NBFI

    Consumer and sme loans
    Website
  3. Gromor Finance

    Provider of financial assistance for small business working capital and growth

    Asset finance
    Website
  4. Volkswagen Finance

    Provider of vehicle loans services

    Consumer and sme loans
    Website
  5. Godrej Capital

    Provider of secured and unsecured loans with flexible repayment options

    Asset finance
    See in list

Investment banks & asset management firms

Investment banking, wealth and asset management firms that also provide business finance.

  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

Microfinance & farm loan companies

Lenders serving small borrowers, farmers and cooperatives.

  1. L&T Finance

    Provider of vehicle, rural and construction equipment loans

    Consumer and sme loans
    See in list
  2. SAFL

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

    Crop finance
    Website
  3. Netafim Agricultural Financial Agency

    NBFC offering credit products to farmers and irrigation equipment providers

    Consumer and sme loans
    Website
  4. Fino Finance

    Microfinance institution providing micro-credit and banking facilities to underserved entrepreneurs

    Consumer and sme loans
    Website
  5. Aditya Birla Capital

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

    Consumer and sme loans
    See in list

Consumer and SME lending startups in Mumbai

Recently founded lending companies in Mumbai.

  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. Micro Green Housing Finance

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

    Consumer and sme loans
    Website
  4. OneFT

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

    Consumer and sme loans
    Website
  5. Ask Loans

    Provider of consumer loans

    Consumer and sme loans
    Website
26 companies in Mumbai

Listed lending companies in Mumbai

Publicly listed consumer and SME lenders based in Mumbai.

  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
49 companies in Mumbai

Consumer and SME loans companies hiring in Mumbai

Lenders in Mumbai with open jobs right now.

  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
39 companies in Mumbai
Mobile reach

Top 10 consumer and sme loans apps from Mumbai

The most-installed Android apps published by consumer and sme loans companies headquartered in Mumbai — 81.3M installs between them. 39 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

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
4

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
5

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
6

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
7

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
9

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 Mumbai

Revenue, profit and growth from the filed annual accounts of 83 consumer and sme loans companies in Mumbai, Maharashtra for FY24-25 — 146 of the 227 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₹43,203.52 cr

83 companies filing accounts

combined net profit−₹1,656.86 cr

-3.8% aggregate margin

are profitable61%

47 of 83 companies

median revenue~₹19.2 cr

the typical company

median revenue growth+15%

into FY24-25

earned by the top five70%

revenue concentration

Six-year view

Combined revenue of filing companies

₹46,724.29 crFY19-2099 filers
₹49,939.91 crFY20-2199 filers
₹42,024.67 crFY21-22102 filers
₹72,009.39 crFY22-23104 filers
₹68,853.54 crFY23-2498 filers
₹43,203.52 crFY24-2583 filers

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

Like-for-like

The same 73 companies over three years

+49%
FY22-23₹27,264.64 cr₹1,451.39 cr net
FY23-24₹34,577.55 cr₹1,783.37 cr net
FY24-25₹40,753.52 cr₹1,567.17 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 cr1644% profitable
₹1–10 cr2162% profitable
₹10–100 cr1867% profitable
₹100–1,000 cr1861% profitable
Over ₹1,000 cr1040% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking28
0–20%17
20–50%20
50–100%7
Doubled+8

80 companies with accounts for both years; median growth +15%.

Profitability

Profit is concentrated at the top

47profitable
30loss-making
-3.8%aggregate margin
2.4%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 loans70₹36,648.91 cr~₹13.1 cr59%-6.9%
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%
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₹1,307.11 cr——+30%
Mahanagar Telephone Nigam Limited Mumbai Employees Cooperative Credit BureauMAHANAGAR TELEPHONE NIGAM LIMITED₹1,307.02 cr−₹3,323.51 cr-254.3%+0%
Mahindra home financeMAHINDRA RURAL HOUSING FINANCE LIMITED₹1,196.70 cr−₹227.94 cr-19.0%-8%
ORIXORIX CORPORATION INDIA LIMITED₹1,180.81 cr₹41.21 cr3.5%+12%
HDFC SalesHDFC SALES PRIVATE LIMITED
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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.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full consumer and sme loans landscape of Mumbai 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 Mumbai
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 Mumbai 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 Mumbai

26 consumer and sme loans companies in Mumbai have recorded equity funding, US$1.04bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind consumer and sme loans companies in Mumbai. 142 of 227 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai consumer and sme loans companies by sub-sector

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