About Heritage Finlease
Heritage Finlease is a company based in Hyderabad (India) founded in 1996 by Nara Chandrababu Naidu. Heritage Finlease has raised $900 thousand across 1 funding round from investors including Nirvana Holdings. The company has 21 employees as of April 09, 2024. Heritage Finlease offers products and services including DairyGrow Financing, Micro-LAP, Lease Financing, and Insurance. Heritage Finlease operates in a competitive market with competitors including ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.
- Headquarter Hyderabad, India
- Employees 21 as on 09 Apr, 2024
- Founders Nara Chandrababu Naidu
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Sectors
Financial Services
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Phone
Locked
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Website
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- Legal Name Heritage Finlease Limited
- Date of Incorporation 23 Feb, 1996
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$2.68 M (USD)68.81as on Mar 31, 2023
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Net Profit
$798.6 K (USD)87.87as on Mar 31, 2023
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EBITDA
$2.15 M (USD)89.6as on Mar 31, 2023
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Total Equity Funding
$900 K (USD)
in 1 rounds
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Latest Funding Round
$900 K (USD), Series A
Jul 06, 2012
- Investors
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Employee Count
21
as on Apr 09, 2024
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Products & Services of Heritage Finlease
Heritage Finlease offers a comprehensive portfolio of products and services, including DairyGrow Financing, Micro-LAP, Lease Financing, and Insurance.
Provides loans to dairy farmers for owning animals and supplying milk.
Offers micro loans secured against property for rural entrepreneurs.
Enables equipment rental to enhance productivity for businesses.
Provides insurance products to support client financial needs.
Funding Insights of Heritage Finlease
Heritage Finlease has successfully raised a total of $900K through 1 strategic funding round. The most recent funding activity was a Series A round of $900 thousand completed in July 2012. 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.
Investors in Heritage Finlease
Heritage Finlease has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nirvana Holdings.
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Family office backed VC firm
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Investor details for Heritage Finlease
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Investments & Acquisitions by Heritage Finlease
Investment portfolio details for Heritage Finlease
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Financial Statements - Heritage Finlease
Detailed financials for Heritage Finlease
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Heritage Finlease Comparisons
Peer comparison for Heritage Finlease
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Competitors of Heritage Finlease
Heritage Finlease 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 ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Microfinance banking services are offered in India by ESAF.
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Micro loans for businesses are offered by this NBFC.
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Micro-finance bank
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Provider of micro-credit & insurance for low income income individuals and women
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Microcredit services are provided to rural women for financial inclusion.
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Micro-credit financing is provided to low-income individuals and businesses.
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Detailed competitors of Heritage Finlease
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Latest news on Heritage Finlease
Complete news archive for Heritage Finlease
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Frequently Asked Questions about Heritage Finlease
Heritage Finlease was founded in 1996 and raised its 1st funding round 16 years after it was founded.
Heritage Finlease is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Chandramouli Akkiraju is the current CEO of Heritage Finlease.
Heritage Finlease is a funded company, having raised a total of $900K across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Heritage Finlease is 21.
Annual revenue of Heritage Finlease is $2.68M as on Mar 31, 2023.
Heritage Finlease was founded in 1996 and is headquartered in Hyderabad, India. Operations focus on the microfinance sector, where microcredit loans and savings accounts are extended to low-income individuals. Services aim to support financial inclusion in underserved communities. The company is led by founder Nara Chandrababu Naidu and CEO Chandramouli Akkiraju, with activities centered in India.
Heritage Finlease's top competitors include ESAF, Satin Creditcare and Bharat Financial Inclusion.
Heritage Finlease offers DairyGrow Financing, Micro-LAP, Lease Financing, and Insurance.
Heritage Finlease has 1 investor. Key investors include Nirvana Holdings.