About Capital First
Capital First is a Financial Services company based in Mumbai (India) founded in 2008, and was acquired by Warburg Pincus in November 2012. It operates as a specialized financing for real estate infrastructure is provided in India. The company has 210 employees. Capital First has completed 1 acquisition, including Gamo. Its Indian entity Capital First Commodities Limited reported revenue of ₹6.4 Lakh. Its focus areas include Consumer and SME Loans and Diversified. Its competitors include Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Capital First was established in 2008 in Mumbai, India, as a firm dedicated to real estate infrastructure financing. Operations center on funding projects within the real estate and infrastructure sectors, including loans and capital support for development initiatives. Services encompass structured financing solutions tailored to construction and expansion needs. The company functions primarily in the financial services domain, with activities concentrated in the Indian market to address infrastructure gaps.
- Headquarters Mumbai, India
- Employees 210
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website capitalfirst.com
- Social LinkedIn X Facebook
- Acquired by Warburg Pincus (Nov 2012)
- Legal Name Capital First Commodities Limited
- Date of Incorporation 25 Apr, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹6.4 Lakh
FY 2025 · +7% YoY
- Net Loss-₹47,997
FY 2025 · -7% margin
- EBITDA-₹47,997
FY 2025 · -7% margin
- Latest Funding Round$150M (USD), Debt – Conventional
Dec 2018
- InvestorsGoldman Sachs
& 3 more
- Employee Count210
- Investments & Acquisitions
- Acquired byWarburg Pincus
(Nov 2012)
Associated legal entities of Capital First
Capital First is associated with 3 registered companies on The Company Check; the primary company is Capital First Commodities Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Capital First Commodities Limited CIN U65990MH2008PLC181572 | Active | 25 Apr 2008 | Mumbai, Maharashtra | ₹0.1 Cr | – | 5 | View details |
| Capital First Home Finance Limited CIN U65192MH2010PLC211307 | Amalgamated | 23 Dec 2010 | Mumbai, Maharashtra | ₹172 Cr | 210 | 10 | View details |
| Capital First Limited Listed CIN L29120MH2005PLC156795 | Amalgamated | 18 Oct 2005 | Mumbai, Maharashtra | ₹3,628 Cr | 3,524 | 12 | View details |
Funding Insights of Capital First
- Total Rounds 7
- Last Round Debt – Conventional — $150M
- Investors Count 3
All 7 funding rounds of Capital First with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $150M | Debt – Conventional | – | – | – |
| Jul 2018 | $7.28M | Debt – Conventional | – | – | – |
| Mar 2018 | $13.76M | Debt – Conventional | – | – | – |
| Jan 2018 | $78.56M | Post-IPO | – | – | – |
| Dec 2016 | – | Post-IPO | – | – | – |
| Mar 2015 | $48.12M | Post-IPO | – | – | |
| Mar 2014 | – | Post-IPO | – | – |
4 investors in total: 4 institutional.
Investors in Capital First
Capital First has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Aditya Birla Capital and HDFC Life.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Life and health insurance services are offered in India. | 2000 | hdfclife.com | Mumbai, India | |
Diversified financial services including investment, insurance, and lending are offered. | 2007 | adityabirlacapital.com | Mumbai, India |
Investor details for Capital First
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Board of directors of Capital First Commodities Limited (Capital First)
Capital First Commodities Limited is the primary company behind Capital First. The boards of the 3 registered companies of Capital First currently have 17 directors; the longest-serving is Naresh Chand Singhal, appointed in 2010. 43 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Naresh Chand Singhal DIN 00004916 | Director | 23 Sep 2010 | 16 yrs | Capital First Limited |
| Apul Nayyar DIN 01738973 | Director | 23 Dec 2010 | 15 yrs 9 mo | Capital First Home Finance Limited, Capital First Limited |
| Vaidyanathan Vembu DIN 00082596 | Director | 23 Dec 2010 | 15 yrs 9 mo | Capital First Home Finance Limited, Capital First Limited |
| Vishal Kashyap Mahadevia DIN 01035771 | Director | 28 Sep 2012 | 14 yrs | Capital First Limited |
| Satish Ashok Gaikwad DIN 07025585 | Company Secretary | 01 Oct 2012 | 14 yrs | Capital First Limited |
| Hemang Harish Raja DIN 00040769 | Director | 06 Feb 2013 | 13 yrs 8 mo | Capital First Limited |
| Pankaj Sumermal Sanklecha DIN 06577796 | CFO | 08 May 2014 | 12 yrs 5 mo | Capital First Limited |
| Dinesh Hasmukhrai Kanabar DIN 00003252 | Director | 06 Jan 2015 | 11 yrs 9 mo | Capital First Limited |
| Narendra Ostawal DIN 06530414 | Director | 06 Jan 2015 | 11 yrs 9 mo | Capital First Limited |
| Brinda Jagirdar DIN 06979864 | Director | 09 Feb 2015 | 11 yrs 8 mo | Capital First Home Finance Limited, Capital First Limited |
| Mittur Swaminathan Sundararajan DIN 00169775 | Director | 09 Feb 2015 | 11 yrs 8 mo | Capital First Home Finance Limited, Capital First Limited |
| Daryl William Dsouza DIN 08617882 | CEO | 01 Jun 2017 | 9 yrs 4 mo | Capital First Home Finance Limited |
| Nihal Mahendra Desai DIN 03288923 | Director | 01 Aug 2017 | 9 yrs 2 mo | Capital First Home Finance Limited, Capital First Limited |
| Ajit Gaikwad DIN 08261118 | Additional Director | 29 Oct 2018 | 7 yrs 11 mo | Capital First Commodities Limited |
| Sanjeev Verma DIN 07459067 | Additional Director | 29 Oct 2018 | 7 yrs 11 mo | Capital First Commodities Limited |
| Dasharath Dattaram Satam DIN 03390180 | Whole-time director | 30 Oct 2018 | 7 yrs 11 mo | Capital First Commodities Limited |
| Premkumar Dayanand Jitta DIN 07668599 | Additional Director | 30 Oct 2018 | 7 yrs 11 mo | Capital First Commodities Limited |
Financials of Capital First
Figures of Capital First Commodities Limited, the primary company behind Capital First, for FY 2025. Revenue was ₹6.4 Lakh (+7% year on year). Net loss was -₹47,997 (-7% margin). EBITDA was -₹47,997 (-7% margin).
- ₹6.4 LakhRevenue · FY 2025 · +7% YoY
- -₹47,997Net loss · -7% margin
- -₹47,997EBITDA · -7% margin
- ₹28.32 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Capital First Commodities Limited are on its company page.
Detailed financial statements for Capital First
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Investments & Acquisitions by Capital First
Capital First has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gamo.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Air rifles, pistols, ammunition, and accessories are manufactured. | gamo.com | Barcelona, Spain | 1959 | Aug 2013 | •••• |
Complete acquisition details for Capital First
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Timeline of Capital First
6 dated milestones of Capital First across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Capital First is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Warburg Pincus.
- Acquisition Acquires Gamo.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $150.0M.
Competitors of Capital First
Capital First has 9 listed competitors in our database, 6 of them funded. They include Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | – | 39,216 | Diversified lending services are provided as a non-banking financial institution. | |
| iifl.com | 1995 | Mumbai, India | – | 16,076 | Online gold, home, personal, and business loans are provided. | |
| herofincorp.com | 1991 | Delhi, India | $274.96M | 3,446 | 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | |
| bajajfinserv.in | 2007 | Pune, India | – | 53,782 | Financial solutions including loans and insurance are offered. | |
| northernarc.com | 2006 | Chennai, India | $283.47M | 1,139 | Household and business loans are provided with risk management support. | |
| kinaracapital.com | 2011 | Bengaluru, India | $116.69M | 1,580 | Collateral-free loans are provided to MSMEs for business operations. | |
| mahindrafinance.com | 1991 | Mumbai, India | $83.13M | 25,004 | Consumer and SME loans are provided by Mahindra Finance. | |
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. |
Detailed competitors of Capital First
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Web traffic of Capital First
Websites that share an audience with Capital First (capitalfirst.com).
Websites whose visitors overlap most with Capital First. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
capfirst.com | capfirst.com | 100% | – | – | – |
| futuregroup.in | 95% | – | – | View details | |
firstcapital.com | firstcapital.com | 90% | – | – | – |
| securities.com | 89% | – | – | View details | |
| bajajcapital.com | 89% | 89.2K | #343,975 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Capital First
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Top companies in Consumer and SME Loans
10 companies that operate in the same segment as Capital First (Consumer and SME Loans), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Synchrony is engaged in providing credit cards and banking services. | 1993 | Salem, United States | USD 25 M | USD 19.12 B | 20,000 | |
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | – | USD 1.9 B | 36,520 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Household and business loans are provided with risk management support. | 2006 | Chennai, Tamil Nadu, India | USD 283.47 M | USD 288.73 M | 1,100 | |
Online gold, home, personal, and business loans are provided. | 1995 | Mumbai, Maharashtra, India | – | USD 1.38 B | 38,720 | |
An online lending platform for point-of-sale financing is provided. | 2013 | Bengaluru, Karnataka, India | USD 205.92 M | USD 3.93 M | 499 |
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Related news about Capital First
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Frequently Asked Questions about Capital First
Capital First was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Capital First is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Capital First has 210 employees.
The primary company behind Capital First, Capital First Commodities Limited, reported revenue of ₹6.4 Lakh for FY 2025, up 7% year on year.
Capital First was established in 2008 in Mumbai, India, as a firm dedicated to real estate infrastructure financing. Operations center on funding projects within the real estate and infrastructure sectors, including loans and capital support for development initiatives. Services encompass structured financing solutions tailored to construction and expansion needs. The company functions primarily in the financial services domain, with activities concentrated in the Indian market to address infrastructure gaps.
Capital First's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
Capital First has made 1 acquisition, including Gamo.
Capital First has 4 investors. Key investors include Goldman Sachs, Aditya Birla Capital, HDFC Life, and Warburg Pincus.
Capital First is associated with 3 legal entities: Capital First Commodities Limited, Capital First Home Finance Limited, Capital First Limited.
Yes. Capital First was acquired by Warburg Pincus in November 2012.
The legal entities of Capital First currently have 22 directors, including Apul Nayyar, Deepak Bhupendra Kundalia, Daryl William Dsouza and others.