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Radar · Financial Services in Madhya Pradesh

Best Financial Services Companies in Madhya Pradesh, India

The 53 best Financial Services companies in Madhya Pradesh, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Sahayog Microfi nce.

53companies tracked
$2Mdisclosed funding
0unicorns
2have raised

Ranked: Best Financial Services companies in Madhya Pradesh

#CompanyRevenueDisclosed fundingRevenue YoYEmployeesFounderTech stackRecent signals
1Cent Bank Home Finance
Housing finance company
$22M
FY2025
—+13%112—PHPUbuntuChart.js+25—
2Swastika
Provider of non banking financial institutional services
$16M
FY2025
—+18%658—TypeScriptBootstrapAmazon Web Services+28—
3Notion Insurance Broker
Provider of life, health, general, and other insurance brokerage services
$6M
FY2025
—+151%—Bharat Shrivastava
CEO
——
4Busy Software Solution
Provider of business accounting software that offers a range of features and add-ons to help small and…
$6M
FY2023
——756———
5Indo Thai
Provider of stock brokerage services
$3M
FY2025
——58Sarthak Doshi
CEO
WordPressMySQLPHP+21—
6Admanum Finance
Commmercial vehicle finance
$2M
FY2017
——6Vinod Kumar Agarwal
Founder & Chairman
——
7Swan Finance
Corporate financing and strategic advisory firm
$1M
FY2025
—+22%6Pramod Saraf
Co-Founder & Director
——
8Kalpataru Multiplier
App-based investment and trading platform
$760K
FY2022
———Aditya Manya Jain
CEO
Windows ServeramChartsMicrosoft ASP.NET+13—
9Recapita Finance
Online marketplace for consumer & business loans
$736K
FY2025
$990K+52%54
54 → 48 (-11%)
Amit Jain
Founder & Managing Director
Webflowstyled-componentsReact+17—
10AB LEASING AND FINANCE
Provider of agricultural, educational, and other loan services
$633K
FY2022
——139———
11Amit Securities
Stock brokerage firm
$546K
FY2023
——3Hemant Sharma
Managing Director
——
12Sarthak Global
Manufacturer of electronic building blocks for educational and creative purposes
$503K
FY2023
——11———
13Moksha Financial Services
Provider of home, business, and mortgage loan services
$406K
FY2025
—+15%3Gaurav Agrawal
Co-Founder
YouTubeBootstrapGSAP+18—
14Le Dieu Insurance Brokers
Company provides insurance brokerage services
$390K
FY2025
—+20%—Amit Rupal
Founder & CEO
——
15Sutirth Multi Services
Provider of aadhaar & banking kiosk centers and technical support services for operators, both online and…
$289K
FY2024
—+53%————

Top 3 Financial Services companies in Madhya Pradesh

#1
Series A · Bhopal, Madhya Pradesh · founded 2016 · 54 employees
$990.5Kraised
▾

Recapita Finance is an online marketplace for consumer & business loans. It offers loans such as personal loans, gold loans, mortgage loans, working capital loans, corporate HR loans, and more. Loans are offered on the basis of credit assessments, loan terms, loan amounts, and more. It also provides corporate advisory services.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 28.2% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Apr 2020Series A$990.5K
Founders & team
Amit JainFounder & Managing Director
Investors
Shrem
Tech stack
CloudflareCloudflare TurnstileCore-JsElfsightFacebook PixelGoogle Analytics
#2
Early Stage · Bhopal, Madhya Pradesh · founded 1995 · 213 employees
$1Mraised
▾

Sahayog Microfinance is a Bhopal based NBFC with gross loan portfolio of Rs. 104 cr as on 31st March 2014. It offers income generation loans to women in rural, semi urban and urban communities based on joint liability group lending model in the range of Rs. 8,000 - Rs. 40,000. It also provides micro enterprise loans and dairy development loans to small entrepreneurs. It also offers insurance services to cover the risk of life of its clients. The organization’s operation spreads over 2 states (Madhya Pradesh and Maharashtra) with 61 branches reaching 72,498 client

Funding rounds
  • Mar 2013Unattributed$1M
Founders & team
Amul UrdhwaresheCEO
Investors
Unitus Capital
#3
Public · Indore, Madhya Pradesh · founded 1995 · 58 employees
—raised
▾

Provider of stock brokerage services. The firm specializes in brokerage services across NSE, BSE, and MSEI, targeting high-net-worth individuals, corporations, and retail investors with personalized financial solutions. It also offers mutual funds.

Founders & team
Dhanpal DoshiManaging DirectorSarthak DoshiCEO
Tech stack
Apache Http ServerBootstrapContact Form 7Cookie NoticeCore-JsElementor

Funding & investor landscape

$2Mtotal disclosed funding
2companies funded
2disclosed rounds
0rounds last 90 days
Most active investors
Shrem1 rounds
Unitus Capital1 rounds

Notable founders

Amit Jain
Founder & Managing Director · Recapita Finance
Amul Urdhwareshe
CEO · Sahayog Microfi nce
Dhanpal Doshi
Managing Director · Indo Thai
Sarthak Doshi
CEO · Indo Thai
Prism market signals · India · country-scoped Prism corpus, 6,482,562 docs

Market landscape — 10 sub-themes by coverage

Share of Financial Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Financial Services companies are there in Madhya Pradesh, India?
Radar tracks 53 indexable Financial Services companies headquartered in Madhya Pradesh, India that meet our profile-completeness bar.
What is the total funding raised by Financial Services companies in Madhya Pradesh, India?
The Financial Services companies in Madhya Pradesh, India on this list have raised a combined $2M in disclosed equity funding across 2 funded companies.
Which is the highest-funded Financial Services company in Madhya Pradesh, India?
Sahayog Microfi nce is the highest-funded Financial Services company in Madhya Pradesh, India, with $1M in disclosed equity funding.
How many Financial Services companies in Madhya Pradesh, India are funded?
2 of the 53 Financial Services companies in Madhya Pradesh, India on this list have disclosed at least one equity funding round.
How many Financial Services unicorns are there in Madhya Pradesh, India?
None of the Financial Services companies in Madhya Pradesh, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madhya Pradesh, India Financial Services companies?
The most active investors in Madhya Pradesh, India Financial Services companies on this list include Shrem, Unitus Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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