About Durlav Finance
Durlav Finance is a Financial Services company based in Bhubaneswar (India) founded in 2012. It provides comprehensive micro loan solutions. It operates on a B2C model. Durlav Finance has raised $613.5 thousand across 1 funding round. Its focus areas include Finance, Banking, Microfinance and Micro Loans. Its legal entity in India is Durlav Gold Pvt. Ltd (U52393OR2012PTC016065). Its competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank; 3 of its 3 listed competitors have raised funding.
Company details
Durlav Finance, founded in 2012 in Bhubaneswar, India, focuses on finance, banking, microfinance, and micro loans. Provides comprehensive micro loan solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bhubaneswar, India
- SectorsFinancial Services
- Phone•••• ••••
- Website durlavgold.com
- Legal Name Durlav Gold Pvt. Ltd.
- Date of Incorporation 08 Oct, 2012
- Jurisdiction Brahmapur Sadar, Odisha, India
- Annual Revenue₹12,150
FY 2024 · -44% YoY
- Net Loss-₹4.2 Lakh
FY 2024 · -3435% margin
- EBITDA-₹1.1 Lakh
FY 2024 · -911% margin
- Total Equity Funding$613.5K (USD)
in 1 rounds
- Latest Funding Round$613.5K (USD), Seed
Mar 2016
Associated legal entities of Durlav Finance
Durlav Finance operates through Durlav Gold Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Durlav Gold Private Limited CIN U52393OR2012PTC016065 | Active | 08 Oct 2012 | Brahmapur Sadar, Odisha | ₹0.0 Cr | 3 | View details |
Funding Insights of Durlav Finance
Durlav Finance has successfully raised a total of $613.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $613.5 thousand completed in March 2016. 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 $613,497
- Total Rounds 1
- Last Round Seed — $613,497
- First Round $613,497
(Mar 2016)
All 1 funding rounds of Durlav Finance 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 |
|---|---|---|---|---|---|
| Mar 2016 | $613,497 | Seed | – | – | – |
Board of directors of Durlav Gold Private Limited (Durlav Finance)
Durlav Gold Private Limited is the primary company behind Durlav Finance. The board of Durlav Gold Private Limited currently have 3 directors; the longest-serving is Karpana Badrinath Subudhi, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karpana Badrinath Subudhi DIN 08987437 | Director | 27 Mar 2023 | 3 yrs 7 mo | Durlav Gold Private Limited |
| Purna Chandra Pradhan DIN 06365980 | Director | 27 Mar 2023 | 3 yrs 7 mo | Durlav Gold Private Limited |
| Trilochan Sahu DIN 06365986 | Director | 18 Aug 2023 | 3 yrs 2 mo | Durlav Gold Private Limited |
Financials of Durlav Finance
Figures of Durlav Gold Private Limited, the primary company behind Durlav Finance, for FY 2024. Revenue was ₹12,150 (-44% year on year). Net loss was -₹4.2 Lakh (-3435% margin). EBITDA was -₹1.1 Lakh (-911% margin). Revenue has grown at a compounded annual rate of -64% over three years and -60% over five years.
- ₹12,150Revenue · FY 2024 · -44% YoY
- -₹4.2 LakhNet loss · -3435% margin
- -₹1.1 LakhEBITDA · -911% margin
- ₹2.41 CrPaid-up capital
- -64%Revenue CAGR, 3 years
- -60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Durlav Gold Private Limited are on its company page.
Detailed financial statements for Durlav Finance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Durlav Finance
2 dated milestones of Durlav Finance across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Durlav Finance is founded.
- Funding First funding round of $613K.
Competitors of Durlav Finance
Durlav Finance has 3 listed competitors in our database, 3 of them funded. They include ESAF, Satin Creditcare and Fincare Small Finance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| esafbank.com | 1992 | Thrissur, India | $101.74M | 6,194 | Microfinance banking services are offered in India by ESAF. | |
| satincreditcare.com | 1990 | Delhi, India | $40M | 15,350 | Micro loans for businesses are offered by this NBFC. | |
| fincarebank.com | 2007 | Bengaluru, India | $174.84M | 12,894 | Micro-finance bank |
Detailed competitors of Durlav Finance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Microfinance
3 companies that operate in the same segment as Durlav Finance (Microfinance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about Durlav Finance
Durlav Finance was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Durlav Finance is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Durlav Finance is a funded company, having raised a total of $613.5K across 1 funding round to date. The company's 1st funding round was a Seed of $613.5K, raised on Mar 2016.
The primary company behind Durlav Finance, Durlav Gold Private Limited, reported revenue of ₹12,150 for FY 2024, down 44% year on year.
Durlav Finance, founded in 2012 in Bhubaneswar, India, focuses on finance, banking, microfinance, and micro loans. Provides comprehensive micro loan solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Durlav Finance's top competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank.
Durlav Finance operates through Durlav Gold Private Limited.
The legal entities of Durlav Finance currently have 3 directors, including Karpana Badrinath Subudhi, Trilochan Sahu, Purna Chandra Pradhan.