About DMI Finance
DMI Finance is a company based in Delhi (India) founded in 2008 by Yuvraj Singh, Yuvraja Chanakya Singh, and Shivashish Chatterjee.. DMI Finance has raised $734 million across 7 funding rounds from investors including MUFG Bank, MUFG Campus and Sumitomo Mitsui Trust Bank. The company has 520 employees as of March 21, 2025. DMI Finance has completed 2 acquisitions, including Appnit Technologies and ZestMoney. DMI Finance offers products and services including Personal Loan, Consumption Loan, MSME Business Loan, DMI RBL Credit Card, and Electric Vehicle Loan. DMI Finance operates in a competitive market with competitors including FlexiLoans, Clix Capital, InCred, Niyogin and Credit Fair, among others.
- Headquarter Delhi, India
- Employees 520 as on 21 Mar, 2025
- Founders Yuvraj Singh, Yuvraja Chanakya Singh, Shivashish Chatterjee
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Dmi Finance Private Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$35.37 M (USD)10.55as on Mar 31, 2018
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Net Profit
$9.47 M (USD)5.88as on Mar 31, 2018
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EBITDA
$27.96 M (USD)1.3as on Mar 31, 2018
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Total Equity Funding
$734 M (USD)
in 7 rounds
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Latest Funding Round
$334 M (USD), Series E
Aug 27, 2024
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Investors
MUFG Bank
& 4 more
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Employee Count
520
as on Mar 21, 2025
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Investments & Acquisitions
Appnit Technologies
& 1 more
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Products & Services of DMI Finance
DMI Finance offers a comprehensive portfolio of products and services, including Personal Loan, Consumption Loan, MSME Business Loan, DMI RBL Credit Card, and Electric Vehicle Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loan for individual financial needs with attractive rates and easy process.
Loan for consumer purchases and daily expenses.
Loan to support small business expansion and operations.
Credit card for everyday transactions and rewards.
Loan for purchasing electric vehicles with flexible terms.
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Funding Insights of DMI Finance
DMI Finance has successfully raised a total of $734M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $334 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series E — $334.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series E - DMI Finance | Valuation | MUFG |
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| Apr, 2023 | Amount | Series D - DMI Finance | Valuation | MUFG | |
| Jan, 2022 | Amount | Series D - DMI Finance | Valuation | Sumitomo Mitsui Trust Bank |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DMI Finance
DMI Finance has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include MUFG Bank, MUFG Campus and Sumitomo Mitsui Trust Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in tech sectors
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Founded Year | Domain | Location | |
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Provider of full banking services
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Founded Year | Domain | Location | |
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Multiple sectors are advised through specialized finance teams.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DMI Finance
DMI Finance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Appnit Technologies and ZestMoney. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform offering point-of-sale financing
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2015 | ||||
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Online and mobile payment gateways are provided for businesses.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DMI Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dmi Finance Comparisons
Competitors of DMI Finance
DMI Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FlexiLoans, Clix Capital, InCred, Niyogin and Credit Fair, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Business loans and financial products for MSMEs are provided.
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| domain | founded_year | HQ Location |
Lending platform for consumers and businesses is provided.
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| domain | founded_year | HQ Location |
Financial services are provided, specializing in personal and business loans.
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| domain | founded_year | HQ Location |
Online lending marketplace for business loans
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| domain | founded_year | HQ Location |
Solar financing solutions are provided by Credit Fair in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dmi Finance
Frequently Asked Questions about DMI Finance
When was DMI Finance founded?
DMI Finance was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Where is DMI Finance located?
DMI Finance is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of DMI Finance?
Arindam Das is the current CEO of DMI Finance.
Is DMI Finance a funded company?
DMI Finance is a funded company, having raised a total of $734M across 7 funding rounds to date. The company's 1st funding round was a Series D of $47M, raised on Jan 10, 2013.
How many employees does DMI Finance have?
As of Mar 21, 2025, the latest employee count at DMI Finance is 520.
What is the annual revenue of DMI Finance?
Annual revenue of DMI Finance is $35.37M as on Mar 31, 2018.
What does DMI Finance do?
DMI Finance was established in 2008 in Delhi, India, within the financial lending sector. Various loan products, including personal loans, MSME business loans, consumption loans, loans against security, and electric vehicle loans, are delivered through a digital platform. Loan management and bill payment services are supported by a dedicated mobile application, serving operations across India.
Who are the top competitors of DMI Finance?
DMI Finance's top competitors include InCred, FlexiLoans and Clix Capital.
What products or services does DMI Finance offer?
DMI Finance offers Personal Loan, Consumption Loan, MSME Business Loan, DMI RBL Credit Card, and Electric Vehicle Loan.
How many acquisitions has DMI Finance made?
DMI Finance has made 2 acquisitions, including Appnit Technologies, and ZestMoney.
Who are DMI Finance's investors?
DMI Finance has 5 investors. Key investors include MUFG Bank, MUFG Campus, Sumitomo Mitsui Trust Bank, NXC, and Newinvestmentsolutions.com.
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