# Mahaveer Finance India

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mahaveer-finance-india

- Industry: Financial Services
- Headquarters: Chennai, India
- Website: www.mahaveerfinance.com/
- Total disclosed funding: $23M
- Latest round: Series C (Jun 19, 2025)
- Investors on record: 3

## About

Mahaveer Finance India Limited is a financial services company based in India, specializing in providing personal loans, business loans, and vehicle financing to a diverse clientele.Founded in 1981 in Tamil Nadu, India, Mahaveer Finance India Limited offers a range of financial services. In June 2025, Mahaveer Finance India Limited raised INR 2 billion in series C funding led by investor Elevation Capital, with participation from investors Banyan Tree Finance and First Bridge.Mahaveer Finance India Limited primarily offers financial services that cater to a diverse clientele, including both individuals and businesses across various sectors. The company's core product offerings encompass personal loans, business loans, and vehicle financing, all designed to meet the financial needs of its customers. These services aim to provide accessible funding solutions for personal projects, business expansions, and vehicle purchases, thereby addressing common financial challenges faced by consumers and small to medium enterprises. The company serves a broad client base across multiple geographical markets, ensuring that its financial products are tailored to meet local demands while maintaining competitive service standards. By focusing on the evolving financial needs of its customers, Mahaveer Finance has established itself as a reliable partner in the financial sector.Mahaveer Finance India Limited generates revenue through a structured model that primarily revolves around loan disbursements and interest collections. The revenue streams are largely derived from interest on loans provided to clients and service fees associated with financial transactions. In a typical transaction scenario, a customer seeking a personal loan would apply for a specified amount, and upon approval, the loan would be disbursed, followed by regular interest payments and principal repayments over a predetermined period. The company’s pricing structure reflects the terms of the loans, which may include varying interest rates based on the type of loan and the customer’s credit profile, while service fees may apply for loan processing and related services. Mahaveer Finance's commitment to transparency and customer engagement is evident in its approach to financial services, reinforcing its position in the competitive landscape of financial institutions.Mahaveer Finance India Limited is positioning itself for future growth by designing new financial products aimed at expanding its service offerings. The company will use the June 2025 funding to improve governance, expand operations, and invest in technology to increase efficiency.

## Funding rounds

- Series C, Jun 19, 2025, $23M — BanyanTree Finance, Elevation Capital, First Bridge

## Investors

- BanyanTree Finance (https://capitalatlas.ai/funds/banyantree-finance) — Series C
- Elevation Capital — Series C
- First Bridge (https://capitalatlas.ai/funds/first-bridge) — Series C