# KNAB Finance Advisors Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knab-finance-advisors-private

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.knabfinance.com
- Total disclosed funding: $1.3M
- Latest round: Series B (Jul 8, 2022)
- Investors on record: 2

## About

KNAB Finance Advisors Private Limited specializes in providing innovative lending solutions tailored for small and medium-sized enterprises (SMEs), streamlining the loan acquisition process through advanced technology.Founded in 2015 and headquartered in Bangalore, India, KNAB Finance operates as a dedicated lending service for SMEs. The company has completed a total of 6 deals, with the latest funding round being a SERIES B in August 2022, where it raised INR 100.000 mn led by DMI AIF Sparkle Fund, bringing the total amount raised to INR 100.000 mn. The founder, Deepit Singh, has a history of entrepreneurial ventures, though further details about previous companies are not available.KNAB Finance primarily offers innovative lending solutions aimed at small and medium-sized enterprises (SMEs). The core product is a streamlined loan service that leverages advanced technology to provide quick and efficient access to financing. This service addresses the challenges faced by SMEs, particularly those underserved by traditional financial institutions. Since its inception in 2015, KNAB Finance has successfully served over 5,000 SME customers, focusing on simplifying the loan acquisition process.In the most recent financial year, KNAB Finance generated revenue of INR 103716.1 in 2023. The company’s revenue stems from direct lending to SMEs, tailored to their financial needs. This structure fosters a direct relationship with clients and creates a consistent revenue stream as businesses repay their loans over agreed-upon terms.Following the most recent deal in August 2022, KNAB Finance Advisors Private Limited plans to utilize the funds raised for technology development and to expand its loan book. The company is working on new product offerings aimed at enhancing its services for SMEs. Additionally, KNAB Finance aims to explore expansion into new geographic markets, although specific regions and timelines for this expansion have not been disclosed.

## Funding rounds

- Series B, Jul 8, 2022, $1.3M — DMI AIF Sparkle Fund, Dominor Investment

## Investors

- DMI AIF Sparkle Fund (https://capitalatlas.ai/funds/dmi-aif-sparkle-fund) — Series B
- Dominor Investment (https://capitalatlas.ai/funds/dominor-investment) — Series B