About Dvara
Dvara is a Financial Services company based in Chennai (India) founded in 2008 by Samir Shah and Bindu Ananth. Provider of financial advisory services. Dvara has raised $52.67 million across 6 funding rounds from investors including LeapFrog Investments, Accion and Proparco. The company has 32 employees. Dvara was last valued at $156 million in September 2018. Its Indian entity Dvara Holdings reported revenue of ₹16.73 Cr. Dvara offers products and services including Dvara KGFS and Dvara SmartGold. Its focus areas include Consumer and SME Loans and Diversified.
Company details
Founded in 2008 and based in Chennai, India, Dvara operates in the financial services sector. Access to social security and suitable financial products is extended to low-income households and small enterprises, ensuring secure usage. Operations emphasize life transformation through empowerment, alongside an employee-focused environment and commitments to integrity and accountability.
- Annual Revenue₹16.73 Cr
FY 2025 · -52% YoY
- Net Loss-₹54.63 Cr
FY 2025 · -327% margin
- EBITDA-₹26.46 Cr
FY 2025 · -158% margin
- Total Equity Funding$52.67M (USD)
in 6 rounds
- Latest Funding Round$4.13M (USD), Private Equity Round
Sep 2018
- InvestorsLeapFrog Investments
& 3 more
- Employee Count32
Associated legal entities of Dvara
Dvara operates through Dvara Holdings (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dvara Holdings CIN U74900TN2007NPL137162 | Active | 07 Dec 2007 | Chennai, Tamil Nadu | ₹16.7 Cr | 32 | 5 | View details |
Products & Services of Dvara
Dvara offers a comprehensive portfolio of products and services, including Dvara KGFS and Dvara SmartGold.
Financial services are provided for inclusion to low-income households
Gold-related financial services are offered for household needs
Funding Insights of Dvara
Dvara has successfully raised a total of $52.67M across 6 strategic funding rounds. The most recent funding activity was a Private Equity Round of $4.13 million completed in September 2018. 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 $52.67M
- Total Rounds 6
- Last Round Private Equity Round — $4.13M
- First Round $3.15M
(Sep 2013)
- Investors Count 4
All 6 funding rounds of Dvara 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 |
|---|---|---|---|---|---|
| Sep 2018 | $4.13M | Private Equity Round | $156M | LeapFrog Investments, Accion | – |
| Mar 2017 | $17.72M | Private Equity Round | $99.2M | LeapFrog Investments | |
| Feb 2016 | $1.77M | Private Equity Round | $••••• | Proparco | – |
| Aug 2015 | $24.64M | Private Equity Round | $••••• | Accion | |
| Dec 2014 | $1.26M | Series A | – | – | – |
| Sep 2013 | $3.15M | Series A | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2018 | $156M | •••••••• |
| Mar 2017 | $99.2M | •••••••• |
| Feb 2016 | $••••• | •••••••• |
| Aug 2015 | $••••• | •••••••• |
Full valuation and stage history of Dvara
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $156M (Sep 2018). 4 investors in total: 4 institutional.
Investors in Dvara
Dvara has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include LeapFrog Investments, Accion and Proparco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on banking, finance, healthcare, and multiple sectors | 2007 | leapfroginvest.com | Johannesburg, South Africa | |
Economic development investments are financed through specialized solutions by Proparco. | 1977 | proparco.fr | Paris, France | |
Investment firm focusing on tech-enabled enterprises in social and environmental sectors. | 2002 | lokcapital.com | Gurugram, India | |
Foundation focused on early-stage investments in fintech sector | 1961 | accion.org |
Investor details for Dvara
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Dvara Holdings (Dvara)
Dvara Holdings is the primary company behind Dvara. The board of Dvara Holdings currently have 4 directors; the longest-serving is Bindu Ananth, appointed in 2011. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bindu Ananth DIN 02456029 | Director | 26 Apr 2011 | 15 yrs 6 mo | Dvara Holdings |
| Vaishnavi Prathap DIN 08183622 | Director | 31 Jul 2018 | 8 yrs 3 mo | Dvara Holdings |
| Vaibhav Anand DIN 08195101 | Director | 07 Sep 2018 | 8 yrs 2 mo | Dvara Holdings |
| Samir Amrit Shah DIN 00912693 | Director | 30 Oct 2019 | 7 yrs | Dvara Holdings |
People of Dvara
6 people are tracked at Dvara (4 in leadership, 2 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Dinesh Pratap | Site Technical Head, Dharwad | Leadership |
Madhusudhanan S | Group CTO And Head Of Partnerships | Leadership |
Sathyaav Sathyaav | Senior Manager Information Technology | Team |
Jagadeesan S | Manager – IT | Team |
Complete people profiles for Dvara
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Dvara
Figures of Dvara Holdings, the primary company behind Dvara, for FY 2025. Revenue was ₹16.73 Cr (-52% year on year). Net loss was -₹54.63 Cr (-327% margin). EBITDA was -₹26.46 Cr (-158% margin). Revenue has grown at a compounded annual rate of +2% over three years and +321% over five years.
- ₹16.73 CrRevenue · FY 2025 · -52% YoY
- -₹54.63 CrNet loss · -327% margin
- -₹26.46 CrEBITDA · -158% margin
- ₹10 LakhPaid-up capital
- 32Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +321%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dvara Holdings are on its company page.
Detailed financial statements for Dvara
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Dvara
4 dated milestones of Dvara across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Dvara is founded.
- Funding First funding round of $3.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Private Equity Round, of $4.1M.
Web traffic of Dvara
The website of Dvara (dvara.com) receives about 6.7K visits a month.
- Monthly visits6.7K
▼ 21.3% vs previous month
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Dvara (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Complete news archive for Dvara
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Frequently Asked Questions about Dvara
Dvara was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Dvara is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Dvara is a funded company, having raised a total of $52.67M across 6 funding rounds to date. The company's 1st funding round was a Series A of $3.15M, raised on Sep 2013.
Dvara has 32 employees.
The primary company behind Dvara, Dvara Holdings, reported revenue of ₹16.73 Cr for FY 2025, down 52% year on year.
Founded in 2008 and based in Chennai, India, Dvara operates in the financial services sector. Access to social security and suitable financial products is extended to low-income households and small enterprises, ensuring secure usage. Operations emphasize life transformation through empowerment, alongside an employee-focused environment and commitments to integrity and accountability.
Dvara offers Dvara KGFS and Dvara SmartGold.
Dvara has 4 investors. Key investors include LeapFrog Investments, Accion, Proparco, and Lok Capital.
The valuation of Dvara is $156M as of Sep 2018.
Dvara operates through Dvara Holdings.
The legal entities of Dvara currently have 5 directors, including Vaishnavi Prathap, Vaibhav Anand, Samir Amrit Shah and others.