Skip to main content
Caplight Logo









Mahaveer Finance India Limited

Mahaveer Finance India Limited

Private

Last Round

Series C

Jun 19, 2025

Total Funding Raised

$35.85M

Company Overview

Mahaveer Finance India Limited is a financial services company that provides retail lending solutions, primarily focusing on used commercial and passenger vehicle financing for individuals and small fleet operators.

Sector

FinTech

Verticals

Lending & Credit

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Non-AI

Keywords

vehicle financingnon-banking financial companyNBFCcommercial vehicle loansused vehicle loansauto financetruck financingpassenger vehicle loansloan origination systemLOSretail credittransport operator loansfleet financingsecured loanslending platform

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Mahaveer Finance India Limited Comparables

Compare Mahaveer Finance India Limited with similar companies based on industry and business-model similarity.

Mahaveer Finance India Limited comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Baid Finserv Limited
80%
Cholamandalam Investment and Finance Company
79%
Kanakadurga Finance Limited
79%

Mahaveer Finance India Limited Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CJun 19, 2025
Series BMar 1, 2024
DebtAug 31, 2021
Convertible DebtMar 15, 2021
Series AJan 9, 2018

Key People

Founding team and executive leadership

Deepak Dugar

Managing Director and CEO

Executive Team

Sathya Prakash K

Chief Technology Officer

Executive Team

Radhakrishnan Neelakandan

Chief Operating Officer

Executive Team

Mahaveer Finance India Limited Investors

Notable investors and investment history

Mahaveer Finance India Limited investors
InvestorRounds
BanyanTree FinanceSeries C, Series A
Elevation CapitalSeries C
First Bridge FundSeries B
BlackSoilConvertible Debt

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 8, 2025

    Monthly visitors grew 57% MoM, reaching 4K.

  • Jun 19, 2025

    $23.1M round led by Elevation Capital.

Recent news

Latest coverage and updates

  • hiresOct 12, 2026

    Mahaveer Finance India Limited appoints Senthilkumar K as National Credit Head in Tamil Nadu on Oct 12th '26

Mahaveer Finance India Limited Filings

Explore SEC and related filing metadata, where available.

Mahaveer Finance India Limited filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Frequently Asked Questions

Common questions about Mahaveer Finance India Limited's valuation, stock price, and market status.

Is Mahaveer Finance India Limited a public or private company?

Mahaveer Finance India Limited is a private company.

What is the current stock price of Mahaveer Finance India Limited?

Mahaveer Finance India Limited is a private company with no public stock price. Caplight tracks Mahaveer Finance India Limited's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Mahaveer Finance India Limited worth (valuation)?

Valuation information for Mahaveer Finance India Limited is not publicly available.

Can I buy Mahaveer Finance India Limited stock?

Mahaveer Finance India Limited shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Mahaveer Finance India Limited's last funding round?

Mahaveer Finance India Limited's most recent funding round was Series C on June 19, 2025.

Who are the main investors in Mahaveer Finance India Limited?

Key investors in Mahaveer Finance India Limited include Elevation Capital.

Will Mahaveer Finance India Limited IPO soon?

No public IPO plans have been announced for Mahaveer Finance India Limited.

How can I track Mahaveer Finance India Limited secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Mahaveer Finance India Limited's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersChennai
Employee Range178
Year Founded1981
Last FundingJun 19, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?