# Navadhan Capital Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/navadhan-capital-private

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.navadhan.com
- Total disclosed funding: $14M
- Latest round: Series C (Mar 17, 2025)
- Investors on record: 10

## About

Based in Maharashtra, India, and founded in 2019, Navadhan Capital Private Limited operates as a financial technology company that offers digital financial services like lending to farmers and small and medium enterprises. The company was founded by Nitin Agrawal (CEO), Vijay Haswani, Anirudh Ramakuru, and Amit Biswal. In March 2025, Navadhan Capital Private Limited raised INR 1.11 billion in series A funding co-led by new investor NabVentures and returning investor Prime Ventures Partners, with participation from another new investor LNB Group. Returning investors Varanium Capital, Gemba Capital, Faad, VC-Grid, and Anicut Capital also participated in the round.. The company offers online financial services to small businesses and farmers like loans and savings accounts. The platforms offered by the company include eN dhan which is a non-credit financing application, eN digi which offers tech tools for small businesses, and eN cash which offers Loans based on consumer’s cash flow. The company will utilize the March 2025 funding to help boost its AceN tech platform and encourage commercial expansion.

## Funding rounds

- Series C, Mar 17, 2025, $12M — Prime Venture Partners, Venture Catalysts, LNB Group, Anicut Capital, Grid.vc, Gemba Capital, Nabventures, Varanium Capital, Faad Network, Four SB limited
- Series C, Dec 9, 2023, $0.1M — Prime Venture Partners, Gemba Capital, Varanium Capital
- Series C, Mar 31, 2023, $1.6M — Anicut Capital, Gemba Capital, Varanium Capital, Faad Network

## Investors

- Anicut Capital (https://capitalatlas.ai/funds/anicut-capital) — Series C
- Gemba Capital (https://capitalatlas.ai/funds/gemba-capital) — Series C
- Varanium Capital (https://capitalatlas.ai/funds/varanium-capital) — Series C
- Faad Network (https://capitalatlas.ai/funds/faad-network) — Series C
- Prime Venture Partners (https://capitalatlas.ai/funds/prime-venture-partners) — Series C
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Series C
- LNB Group — Series C
- Grid.vc (https://capitalatlas.ai/funds/grid-vc) — Series C
- Nabventures (https://capitalatlas.ai/funds/nabventures) — Series C
- Four SB limited — Series C