# Origa Lease Finance Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/origa-lease-finance-pvt

- Industry: Industrial Machinery
- Headquarters: Mumbai, India
- Website: www.origaleasing.com
- Total disclosed funding: $2.9M
- Latest round: Series A (Dec 6, 2018)
- Investors on record: 1

## About

Based in India, Origa Lease Finance Pvt Ltd is a financial services firm specializing in equipment leasing and finance solutions tailored for small and medium enterprises (MSMEs) across various industries.Founded in 2014 and headquartered in Mumbai, India, Origa Lease Finance Pvt Ltd provides financial services focusing on equipment leasing. The company has successfully completed 8 deals, with its most recent transaction occurring on September 19, 2023. The latest funding round, a Series A, raised INR 40.000 mn, bringing the total amount raised to INR 40.000 mn and establishing a current company valuation of INR 1171.219 mn. The company is led by CLFP Shrirang Tambe, who is also one of the founders.Origa Marketplace specializes in providing a comprehensive range of equipment solutions tailored to diverse industries, including Industrial Engineering, Medical, Pharma, Automotive, Food & Beverages, Logistics, and Defense. Their primary offerings encompass the sale and leasing of machines, as well as finance solutions designed specifically for small and medium enterprises (MSMEs). The company serves a broad clientele, from medical facilities requiring advanced machinery to automotive manufacturers needing precision equipment, and markets its products both within India and internationally.In the most recent fiscal year of 2023, Origa Marketplace reported a revenue of INR 1,330,391.50 and an EBITDA of INR -183,172.70.In September 2023, Origa Lease Finance Pvt Ltd raised INR 300 million in a venture funding round from new investor Credence Family Office. This funding will be utilized to support business expansion efforts. The company plans to enhance its product offerings and aims to explore new geographic markets for growth.

## Funding rounds

- Series A, Dec 6, 2018, $2.9M — Elevar Equity

## Investors

- Elevar Equity (https://capitalatlas.ai/funds/elevar-equity) — Series A