# Namdev Finvest Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/namdev-finvest-pvt

- Industry: Financial Services
- Headquarters: Jaipur, India
- Website: www.namfin.in
- Total disclosed funding: $19M
- Latest round: Series B (Sep 30, 2023)
- Investors on record: 3

## About

Established in 1997 and based in Rajasthan, India, Namdev Finvest Pvt. Ltd. operates as a non-banking financial company (NBFC). The company was founded by its CEO, Jitender Tanwar. In January 2026, Namdev Finvest Pvt. Ltd. raised USD 37 million in venture debt funding from new investors FMO, Impact Investment Exchange Asia, Franklin Templeton, and Symbiotics Asset Management.

Namdev Finvest provides green finance options, mainly MSME loans, two-wheeler loans, and solar loans, to micro, small, and medium enterprises (MSMEs).

The company plans to utilize the January 2026 funding to grow its MSME lending operations in rural and semi-urban areas of India that are currently underserved and lack access to banking services.

## Funding rounds

- Series B, Sep 30, 2023, $14M — British International Investment, Incofin Investment Management, LC Nueva Capital
- Series A, Sep 17, 2021, $4.8M — Incofin Investment Management

## Investors

- Incofin Investment Management (https://capitalatlas.ai/funds/incofin-investment-management) — Series A, Series B
- British International Investment — Series B
- LC Nueva Capital (https://capitalatlas.ai/funds/lc-nueva-capital) — Series B