About Karvy Finance
Karvy Finance is a Financial Services company based in Mumbai (India) founded in 2009 by Yugandhar Meka. It provides secured loans for MSMEs, currently valued at 79.1 million. It operates on a B2B model. The company has 17 employees. Its Indian entity Karvy Financial Services Limited reported revenue of ₹94.71 Cr. Its focus areas include Banking and Lending, Loans and Credit and Secured Loans for SMEs. Similar companies include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed similar companies has raised funding.
Company details
Karvy Finance provides secured loans for msmes, currently valued at 79.1 million through offering financial products and advice, banking and lending, loans and credit, and secured loans for smes. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Mumbai, India
- Employees 17
- Founders Yugandhar Meka
- SectorsFinancial Services
- Website karvyfinance.com
- Social X
- Legal Name Karvy Financial Services Limited
- Date of Incorporation 18 Oct, 2001
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹94.71 Cr
FY 2019 · -77% YoY
- Net Profit₹3.48 Cr
FY 2019 · 4% margin
- EBITDA₹26.30 Cr
FY 2019 · 28% margin
- Employee Count17
Associated legal entities of Karvy Finance
Karvy Finance operates through Karvy Financial Services Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karvy Financial Services Limited CIN U67190MH2001PLC227379 | Active | 18 Oct 2001 | Mumbai, Maharashtra | ₹94.7 Cr | 17 | 6 | View details |
Board of directors of Karvy Financial Services Limited (Karvy Finance)
Karvy Financial Services Limited is the primary company behind Karvy Finance. The board of Karvy Financial Services Limited currently have 4 directors; the longest-serving is Mahesh Vijayagopal, appointed in 2009. 30 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Vijayagopal DIN 00800219 | Director | 17 Jul 2009 | 17 yrs 3 mo | Karvy Financial Services Limited |
| Bhalchandra Vinayak Jadhav DIN 07202099 | CFO | 21 Oct 2024 | 2 yrs | Karvy Financial Services Limited |
| Mallikarjuna Venkateswara Uppaluri Babu DIN 07810433 | Director | 20 Jun 2025 | 1 yr 4 mo | Karvy Financial Services Limited |
| Sashi Kumar Maranganti DIN 03126638 | Director | 27 Jun 2025 | 1 yr 3 mo | Karvy Financial Services Limited |
People of Karvy Finance
1 people are tracked at Karvy Finance (1 in leadership); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
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Financials of Karvy Finance
Figures of Karvy Financial Services Limited, the primary company behind Karvy Finance, for FY 2019. Revenue was ₹94.71 Cr (-77% year on year). Net profit was ₹3.48 Cr (4% margin). EBITDA was ₹26.30 Cr (28% margin). Revenue has grown at a compounded annual rate of -35% over three years.
- ₹94.71 CrRevenue · FY 2019 · -77% YoY
- ₹3.48 CrNet profit · 4% margin
- ₹26.30 CrEBITDA · 28% margin
- ₹78.25 CrPaid-up capital
- 17Employees (provident fund records)
- -35%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Karvy Financial Services Limited are on its company page.
Detailed financial statements for Karvy Finance
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Similar companies to Karvy Finance
Karvy Finance has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
Detailed similar companies of Karvy Finance
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Web traffic of Karvy Finance
Websites that share an audience with Karvy Finance (karvyfinance.com).
Websites whose visitors overlap most with Karvy Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| deal4loans.com | 100% | #743,003 | View details | ||
bdrates.com | bdrates.com | 99% | – | ||
| karvycomputershare.com | 97% | View details | |||
| karvy.com | 97% | 7.5K | #2,063,319 | View details | |
| karvymfs.com | 96% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Karvy Finance
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Karvy Finance (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 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Related news about Karvy Finance
Complete news archive for Karvy Finance
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Frequently Asked Questions about Karvy Finance
Karvy Finance was founded in 2009.
Karvy Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Karvy Finance has 17 employees.
The primary company behind Karvy Finance, Karvy Financial Services Limited, reported revenue of ₹94.71 Cr for FY 2019, down 77% year on year.
Karvy Finance provides secured loans for msmes, currently valued at 79.1 million through offering financial products and advice, banking and lending, loans and credit, and secured loans for smes. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Karvy Finance's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Karvy Finance operates through Karvy Financial Services Limited.
The legal entities of Karvy Finance currently have 5 directors, including Mallikarjuna Venkateswara Uppaluri Babu, Mahesh Vijayagopal, Shikha Sanjeev Sangodkar and others.