Five-Star Business Finance

Founded in 1984 and based in Chennai, India, Five-Star Business Finance Limited operates as a finance company that provides business, and mortgage loans for small and medium enterprises. The company was founded by its CEO K. Rangarajan. As of 2021, the company operates 262 locations spread across 126 districts in eight states and one union territory, and has over 157,333 clients. Five-Star Business’s services include small business and mortgage loans, which are designed to suit borrowers' needs for the development and expansion of new and existing businesses, as well as the settlement of unpaid debts. The borrowers' property, which is mostly self-occupied residential property, serves as collateral for the loans. The company's normal loan offerings run from INR 1 lakh to INR 10 lakhs, with terms ranging from 24 to 84 months. The company's total income increased by 34% to INR 10,510 million in FY21, up from INR 7,870 million in FY20, while its net profit increased by 37% to INR 3,590 million in FY21, up from INR 2,620 million in FY20.

1. Series C

   Aug 18, 2017

   Amount

   $50M

   Investors

   Locked

2. Series A

   Feb 21, 2014

   Amount

   $2.7M

   Investors

   Locked