# Sugmya Finance Private

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

- Industry: Financial Services
- Headquarters: Noida, India
- Website: www.sufinn.com
- Total disclosed funding: $3M
- Latest round: Series A (Sep 29, 2023)
- Investors on record: 2

## About

Based in New Delhi, India, and founded in 2017, Sugmya Finance Private Limited operates as a non-banking financial company (NBFC) that provides income-generating loan (IGL) loans to businesses. The company was founded by its CEO, Vikas Singh, and Brajmohan Singh. In July 2025, Sugmya Finance Private Limited raised INR 210 million in venture funding from other unspecified investors.. Sugmya Finance offers a wide range of financial solutions, mainly micro, small, and medium enterprises (MSME) loans, microloans, income-generating loan (IGL) loans, and consumer durable loans for individuals, communities, and businesses. In addition, the company partnered with Kotak Life Insurance to provide insurance products to its clients. The company plans to use the funds raised in March 2024 to fuel its growth initiatives while ensuring a healthy capital adequacy ratio.

## Funding rounds

- Series A, Sep 29, 2023, $3M — AngelBay, KapTable Holdings Private Limited

## Investors

- AngelBay (https://capitalatlas.ai/funds/angelbay) — Series A
- KapTable Holdings Private Limited — Series A