Hindon Mercantile

Delhi, India Founded: 1985 • Age: 41 yrs
Provider of secured and unsecured loans for personal and business needs
Annual revenue - Latest available
Total funding $29.3M 6 rounds
Employees 1 Tracked headcount
Investors 100 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Hindon Mercantile

Hindon Mercantile is a company based in Delhi (India) founded in 1985 by Kapil Garg. Hindon Mercantile has raised $29.27 million across 6 funding rounds from investors including BharatPe, Ashika Group and Lighthouse Canton. The company has 1 employees as of March 31, 2024. Hindon Mercantile offers products and services including Personal Loan, Business Loan, Loan Against Property, Education Loan, and Supply Chain Finance. Hindon Mercantile operates in a competitive market with competitors including FlexiLoans, DMI Finance, Clix Capital, InCred and Niyogin, among others.

  • Headquarter Delhi, India
  • Employees 1 as on 31 Mar, 2024
  • Founders Kapil Garg
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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  • Legal Name Adventra Sports Private Limited
  • Date of Incorporation 15 Oct, 2021
  • Jurisdiction Delhi, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$216.42 (USD)
    -244.46
    as on Mar 31, 2023
  • EBITDA
    -$145.49 (USD)
    -557.61
    as on Mar 31, 2023
  • Total Equity Funding
    $29.27 M (USD)

    in 6 rounds

  • Latest Funding Round
    $22.66 M (USD), Unspecified

    Aug 28, 2024

  • Investors
    BharatPe

    & 99 more

  • Employee Count
    1

    as on Mar 31, 2024

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Products & Services of Hindon Mercantile

Hindon Mercantile offers a comprehensive portfolio of products and services, including Personal Loan, Business Loan, Loan Against Property, Education Loan, and Supply Chain Finance.

Product name locked
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Primary

Unsecured loans for personal expenses like education or emergencies

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Loans for small businesses to support growth and operations

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Secured loans using property as collateral for various needs

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Loans to cover educational expenses for students

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Financing solutions for supply chain operations and partnerships

Funding Insights of Hindon Mercantile

Hindon Mercantile has successfully raised a total of $29.27M across 6 strategic funding rounds. The most recent funding activity was a Unspecified round of $22.66 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.

Investors in Hindon Mercantile

Hindon Mercantile has secured backing from 100 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include BharatPe, Ashika Group and Lighthouse Canton.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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Association focused on investment consulting and guidance for investors
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Provides investment management services as an asset management company.
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Investor details for Hindon Mercantile

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Investments & Acquisitions by Hindon Mercantile

Investments
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Investment portfolio details for Hindon Mercantile

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Financial Statements - Hindon Mercantile

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Detailed financials for Hindon Mercantile

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Hindon Mercantile Comparisons

Hindon Mercantile Primary company
Description
Provider of secured and unsecured loans for personal and bus...
Location
Delhi, India
Founded Year
1985
Annual Revenue
Not available
Net Profit
-$216.42 (USD)
EBITDA
-$145.49 (USD)
Employees
1
As of 2024
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Peer comparison for Hindon Mercantile

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Competitors of Hindon Mercantile

Hindon Mercantile 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, DMI Finance, Clix Capital, InCred and Niyogin, among others.

Company Name Domain Founded year HQ Location Description
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Business loans and financial products for MSMEs are provided.
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Personal, MSME, consumption, and EV loans are provided digitally.
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Lending platform for consumers and businesses is provided.
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Financial services are provided, specializing in personal and business loans.
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Online lending marketplace for business loans
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NBFC offering loans to entrepreneurs, MSMEs, and individuals
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Detailed competitors of Hindon Mercantile

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Latest news on Hindon Mercantile

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Complete news archive for Hindon Mercantile

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Frequently Asked Questions about Hindon Mercantile

Hindon Mercantile was founded in 1985 and raised its 1st funding round 36 years after it was founded.

Hindon Mercantile is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Hindon Mercantile is a funded company, having raised a total of $29.27M across 6 funding rounds to date.

As of Mar 31, 2024, the latest employee count at Hindon Mercantile is 1.

Hindon Mercantile was founded in 1985 in Delhi, India, and operates in the financial lending sector. Various loan products are offered, including personal loans, business loans, loans against property, machinery and equipment financing, supply chain finance, and education loans. Services are extended to both salaried and self-employed individuals through accessible lending options focused on personal and business requirements.

Hindon Mercantile's top competitors include InCred, FlexiLoans and Clix Capital.

Hindon Mercantile offers Personal Loan, Business Loan, Loan Against Property, Education Loan, and Supply Chain Finance.

Hindon Mercantile has 100 investors. Key investors include BharatPe, Ashika Group, Lighthouse Canton, Share India, and Agility Ventures.

The valuation of Hindon Mercantile is $136.55M as of Aug 2024.

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