Namdev Finvest
PrivateLast Round
Debt
Jan 22, 2025
Total Funding Raised
$76.7M
Company Overview
Namdev Finvest Private Limited is a Non-Banking Financial Company (NBFC) based in Jaipur, India, that provides financial solutions to underserved customers in rural and semi-urban areas. The company's offerings include secured loans for Micro, Small, and Medium Enterprises (MSMEs), vehicle loans (two-wheelers, e-rickshaws), and financing for green energy projects like solar power. Founded in its current form in 2013 by Jitendra Tanwar, the company aims to be a catalyst for positive change for those at the bottom of the financial pyramid by providing customized financial products with a focus on empathetic and principled lending. Namdev Finvest is backed by several institutional investors, including Maj Invest, British International Investment (BII), and Incofin. The company operates through a network of over 100 branches across nine states in India.
Sector
FinTech
Verticals
Lending & Credit, Renewable Energy, Clean Transportation
Business Model
B2B
Customer Profile
Payment Processing Fee
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Namdev Finvest Comps
Public and private peers based on sector, stage, and business model.
Namdev Finvest Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Jan 22, 2025 | ||||
| Series C | Apr 2, 2024 | ||||
| Series B | Jan 22, 2024 | ||||
| Series A | Sep 21, 2021 |
Namdev Finvest Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Maj Invest Financial Inclusion Fund III K/S | Series C |
| BlueOrchard | Debt |
| Mirova | Debt |
| Incofin India Progress Fund | Series B, Series A |
| Incofin Investment Management | Series A |
| Developing World Markets | Debt |
| Maj Invest | Series C |
Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 17, 2025
Sahil Taneja appointed as the new Chief Business Officer.
- Jan 22, 2025
$38M debt round completed.
Namdev Finvest Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Namdev Finvest's valuation, stock price, and market status.