About Hindon Mercantile
Hindon Mercantile is a Financial Services company based in Delhi (India) founded in 1985 by Kapil Garg. Provider of secured and unsecured loans for personal and business needs. The company has 1 employees. Hindon Mercantile was last valued at $136.55 million in August 2024. Hindon Mercantile offers products and services including Personal Loan, Business Loan, Loan Against Property, Education Loan, and Supply Chain Finance. Its focus areas include FinTech, Alternative Lending, Online Lenders and Diversified. Its legal entity in India is Adventra Sports Private Limited (U74140DL2021PTC388384). Its competitors include FlexiLoans, DMI Finance and Clix Capital; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Delhi, India
- Employees 1
- Founders Kapil Garg
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website hindon.co
- Social X Facebook
- Legal Name Adventra Sports Private Limited
- Date of Incorporation 15 Oct, 2021
- Jurisdiction Delhi, India
- Net Loss-₹18,000
FY 2023 · 0% margin
- EBITDA-₹12,100
FY 2023 · 0% margin
- Latest Funding Round$22.66M (USD), Unspecified
Aug 2024
- InvestorsBharatPe
& 99 more
- Employee Count1
Associated legal entities of Hindon Mercantile
Hindon Mercantile is associated with 4 registered companies on The Company Check; the primary company is Adventra Sports Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adventra Sports Private Limited CIN U47820DL2021PTC388384 | Active | 15 Oct 2021 | New Delhi, Delhi | 2 | View details | ||
| Adventra Sports Private Limited CIN U74140DL2021PTC388384 | 15 Oct 2021 | Delhi, India | View details | ||||
| Hindon Mercantile Limited CIN U34300DL1985PLC021785 | Active | 14 Aug 1985 | New Delhi, Delhi | ₹120 Cr | 22 | 8 | View details |
| Hindon India Private Limited CIN U24110UP1998PTC121176 | Active | 24 Dec 1998 | Ghaziabad, Uttar Pradesh | ₹188 Cr | 2 | View details |
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.
Unsecured loans for personal expenses like education or emergencies
Loans for small businesses to support growth and operations
Secured loans using property as collateral for various needs
Loans to cover educational expenses for students
Financing solutions for supply chain operations and partnerships
Funding Insights of Hindon Mercantile
- Total Rounds 7
- Last Round Unspecified — $22.66M
- First Round $726,582
(Feb 2021)
- Investors Count 100
All 7 funding rounds of Hindon Mercantile 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 |
|---|---|---|---|---|---|
| Aug 2024 | $22.66M | Unspecified | $136.55M | Turning Leaf Asset Management | |
| Jul 2024 | $286,620 | Unspecified | $85.03M | – | |
| Jun 2022 | Angel Round | – | – | – | |
| Mar 2022 | $2.71M | Unspecified | $••••• | Rpnfin | |
| Sep 2021 | $820,770 | Unspecified | $••••• | BharatPe | |
| Mar 2021 | $2.06M | Unspecified | $••••• | BharatPe | |
| Feb 2021 | $726,582 | Unspecified | $••••• | Surbhi Setia |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2024 | $136.55M | •••••••• |
| Jul 2024 | $85.03M | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Sep 2021 | $••••• | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| Feb 2021 | $••••• | •••••••• |
Full valuation and stage history of Hindon Mercantile
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Last known valuation $136.55M (Aug 2024). 100 investors in total: 29 institutional and 71 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Association focused on investment consulting and guidance for investors | 2020 | agilityventures.in | Gurugram, India | |
Provides investment management services as an asset management company. | 2018 | tl-assets.com | Singapore, Singapore | |
Finance and investment advisory services based in India. | 2020 | nvsconsult.com | Mumbai, India | |
Stock and share advisory services are offered in Mumbai. | Mumbai, India | |||
Traditional conglomerate focused on providing financial services | 1994 | ashikagroup.com | Mumbai, India | |
Travel and tour services in Rajasthan, including packages and taxi rentals. | 1995 | rajasthanglobal.com | Jaipur, India | |
Online trading platform for multi-assets | 1994 | shareindia.com | Noida, India | |
Electronics manufacturing services for consumer products are provided in India. | intex.in | Delhi, India |
Investor details for Hindon Mercantile
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Board of directors of Adventra Sports Private Limited (Hindon Mercantile)
Adventra Sports Private Limited is the primary company behind Hindon Mercantile. The boards of the 3 registered companies of Hindon Mercantile currently have 11 directors; the longest-serving is Rajiv Singhal, appointed in 1998. 32 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Singhal DIN 02065432 | Director | 24 Dec 1998 | 27 yrs 10 mo | Hindon India Private Limited |
| Raghav Singhal DIN 08312175 | Director | 02 Jan 2019 | 7 yrs 10 mo | Hindon India Private Limited |
| Luv Khanna DIN 07723426 | Director | 18 Sep 2020 | 6 yrs 1 mo | Hindon Mercantile Limited |
| Kapil Garg DIN 01716987 | Managing Director | 07 Sep 2021 | 5 yrs 2 mo | Hindon Mercantile Limited |
| Pradip Kumar Kar DIN 09326052 | Director | 23 Oct 2021 | 5 yrs | Hindon Mercantile Limited |
| Amol Sinha DIN 09411129 | Director | 25 Nov 2021 | 4 yrs 11 mo | Hindon Mercantile Limited |
| Hemant Bhageria DIN 06476292 | Director | 12 Jan 2023 | 3 yrs 10 mo | Hindon Mercantile Limited |
| Tanvi Jawa DIN 10277780 | CFO | 13 Feb 2023 | 3 yrs 9 mo | Hindon Mercantile Limited |
| Antarikshya Mohapatra DIN 10783672 | Director | 07 Nov 2024 | 2 yrs | Adventra Sports Private Limited |
| Ujjwal Aggarwal DIN 11195585 | Director | 16 Jul 2025 | 1 yr 4 mo | Adventra Sports Private Limited |
| Girish Kumar Chadha DIN 10408837 | Director | 27 Aug 2025 | 1 yr 2 mo | Hindon Mercantile Limited |
People of Hindon Mercantile
1 people are tracked at Hindon Mercantile (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for Hindon Mercantile
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Financials of Hindon Mercantile
Figures of Adventra Sports Private Limited, the primary company behind Hindon Mercantile, for FY 2023. Net loss was -₹18,000 (0% margin). EBITDA was -₹12,100 (0% margin).
- -₹18,000Net loss · 0% margin
- -₹12,100EBITDA · 0% margin
- ₹1.19 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Adventra Sports Private Limited are on its company page.
Detailed financial statements for Hindon Mercantile
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hindon Mercantile
4 dated milestones of Hindon Mercantile across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Hindon Mercantile is founded.
- Funding First funding round of $727K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $22.7M.
Competitors of Hindon Mercantile
Hindon Mercantile has 3 listed competitors in our database, 3 of them funded. They include FlexiLoans, DMI Finance and Clix Capital.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flexiloans.com | 2016 | Mumbai, India | $96.88M | 624 | Business loans and financial products for MSMEs are provided. | |
| dmifinance.in | 2008 | Delhi, India | $734M | 1,054 | Personal, MSME, consumption, and EV loans are provided digitally. | |
| clix.capital | 2016 | Gurugram, India | $69.52M | 1,742 | Lending platform for consumers and businesses is provided. |
Detailed competitors of Hindon Mercantile
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Web traffic of Hindon Mercantile
The website of Hindon Mercantile (hindon.co) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 63.3% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Hindon Mercantile (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 185.7 M | 2,787 |
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Related news about 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 has 1 employees.
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 FlexiLoans, Clix Capital and DMI Finance.
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.
Hindon Mercantile is associated with 3 legal entities: Adventra Sports Private Limited, Hindon Mercantile Limited, Hindon India Private Limited.
The legal entities of Hindon Mercantile currently have 11 directors, including Antarikshya Mohapatra, Ujjwal Aggarwal, Tanvi Jawa and others.