About Navadhan Capital
Navadhan Capital is a Financial Services company based in Mumbai (India) founded in 2019 by Nitin Agrawal, Amit Ranjan Biswal, Vijay Kumar Haswani, and Anirudh Ramakuru. Navadhan Capital has raised $20.74 million across 4 funding rounds from investors including Angel List, Wellfound and Venture Catalysts. The company has 1,063 employees. Navadhan Capital was last valued at $19.2 million in December 2023. Its chief executive, as recorded, is Nitin Agrawal. Its Indian entity Navadhan Capital Private Limited reported revenue of ₹76.65 Cr. Its focus areas include Consumer and SME Loans and Diversified. Its competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed competitors has raised funding.
Company details
Finance startup focused on connecting small rural businesses and underbanked households with financial resources. It aims to fill the gap between traditional SME lenders and microfinance. It also offers flexible loan variants, non-credit finance options, and tech tools for digitizing unorganized value chains.
- Headquarters Mumbai, India
- Employees 1,063
- Founders Nitin Agrawal, Amit Ranjan Biswal, Vijay Kumar Haswani, Anirudh Ramakuru
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website navadhan.com
- Social LinkedIn X
- Legal Name Navadhan Capital Private Limited
- Date of Incorporation 31 May, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹76.65 Cr
FY 2026 · +52% YoY
- Net Loss-₹12.33 Cr
FY 2026 · -17% margin
- EBITDA₹8.58 Cr
FY 2026 · 12% margin
- Total Equity Funding$20.74M (USD)
in 4 rounds
- Latest Funding Round$12.77M (USD), Series A
Mar 2025
- InvestorsAngel List
& 37 more
- Employee Count1,063
Associated legal entities of Navadhan Capital
Navadhan Capital is associated with 2 registered companies on The Company Check; the primary company is Navadhan Capital Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Navadhan Capital Private Limited CIN U65929MH2019PTC326169 | Active | 31 May 2019 | Mumbai, Maharashtra | ₹76.6 Cr | 392 | 6 | View details |
| Navadhan Management Services Private Limited CIN U72100MH2020PTC341025 | Active | 26 Jun 2020 | Mumbai, Maharashtra | ₹2.0 Cr | 1 | 3 | View details |
Funding Insights of Navadhan Capital
Navadhan Capital has successfully raised a total of $20.74M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $12.77 million completed in March 2025. 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 $20.74M
- Total Rounds 4
- Last Round Series A — $12.77M
- First Round $1.37M
(Mar 2021)
- Investors Count 38
All 4 funding rounds of Navadhan Capital 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 |
|---|---|---|---|---|---|
| Mar 2025 | $12.77M | Series A | – | NABVENTURES, Prime Venture Partners | |
| Dec 2023 | $5M | Seed | $19.2M | Prime Venture Partners | |
| Mar 2023 | $1.6M | Seed | $9.63M | Varanium, Anicut Capital | |
| Mar 2021 | $1.37M | Seed | $••••• | Abanti Mitra, Ruchira Roy |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $19.2M | •••••••• |
| Mar 2023 | $9.63M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of Navadhan Capital
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $19.2M (Dec 2023). 38 investors in total: 16 institutional and 22 angel.
Investors in Navadhan Capital
Navadhan Capital has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management for agriculture, food, and rural ventures in India. | 2018 | nabventures.in | Mumbai, India | |
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Financial services including portfolio management, alternative investments, and offshore products for high net-worth individuals and institutions. | 1990 | varaniumgroup.com | Mumbai, India | |
Venture capital firm backing startups in Fintech and Consumer Tech sectors. | 2017 | gembacapital.in | Bengaluru, India | |
Angel network focused on early-stage investments | 2015 | faad.in | Delhi, India | |
Grid.vc is focused on investing in energy sector startups. | grid.vc | Espoo, Finland | ||
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Asset management and funding services for startups in the finance sector. | varanium.vc | Mumbai, India | ||
Private equity firm focused on smaller and mid-sized microfinance institutions | bopamicrofinance.com | Singapore, Singapore |
Investor details for Navadhan Capital
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Board of directors of Navadhan Capital Private Limited (Navadhan Capital)
Navadhan Capital Private Limited is the primary company behind Navadhan Capital. The boards of the 2 registered companies of Navadhan Capital currently have 5 directors; the longest-serving is Anirudh Venugopala Ramakuru, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anirudh Venugopala Ramakuru DIN 07644884 | Whole-time director | 26 Jun 2020 | 6 yrs 4 mo | Navadhan Management Services Private Limited, Navadhan Capital Private Limited |
| Nitin Prakash Agrawal DIN 03494748 | Managing Director | 26 Jun 2020 | 6 yrs 4 mo | Navadhan Management Services Private Limited, Navadhan Capital Private Limited |
| Vijay Kumar Haswani DIN 07648999 | Director | 26 Jun 2020 | 6 yrs 4 mo | Navadhan Management Services Private Limited, Navadhan Capital Private Limited |
| Prerna Saxena DIN 09768227 | Director | 20 Dec 2022 | 3 yrs 10 mo | Navadhan Capital Private Limited |
| Natarajan Ranganathan DIN 00218008 | Director | 20 Dec 2022 | 3 yrs 10 mo | Navadhan Capital Private Limited |
People of Navadhan Capital
4 people are tracked at Navadhan Capital (4 in leadership); the tracked headcount is 1,063.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Amit Ranjan Biswal | Co-Founder | Leadership |
| Co-Founder & Head of Product | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Navadhan Capital
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Financials of Navadhan Capital
Figures of Navadhan Capital Private Limited, the primary company behind Navadhan Capital, for FY 2026. Revenue was ₹76.65 Cr (+52% year on year). Net loss was -₹12.33 Cr (-17% margin). EBITDA was ₹8.58 Cr (12% margin). Revenue has grown at a compounded annual rate of +106% over three years and +290% over five years.
- ₹76.65 CrRevenue · FY 2026 · +52% YoY
- -₹12.33 CrNet loss · -17% margin
- ₹8.58 CrEBITDA · 12% margin
- ₹11.06 CrPaid-up capital
- 392Employees (provident fund records)
- +106%Revenue CAGR, 3 years
- +290%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Navadhan Capital Private Limited are on its company page.
Detailed financial statements for Navadhan Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Navadhan Capital
4 dated milestones of Navadhan Capital across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Navadhan Capital is founded.
- Funding First funding round of $1.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $12.8M.
Competitors of Navadhan Capital
Navadhan Capital has 3 listed competitors 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 competitors of Navadhan Capital
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Web traffic of Navadhan Capital
The website of Navadhan Capital (navadhan.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 104.4% vs previous month
Websites whose visitors overlap most with Navadhan Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aerem.co | 100% | 8.7K | #2,637,860 | View details |
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Navadhan Capital (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 Navadhan Capital
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Frequently Asked Questions about Navadhan Capital
Navadhan Capital was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Navadhan Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nitin Agrawal is the CEO of Navadhan Capital, as recorded in our data. They have also founded this company.
Navadhan Capital is a funded company, having raised a total of $20.74M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.37M, raised on Mar 2021.
Navadhan Capital has 1,063 employees.
The primary company behind Navadhan Capital, Navadhan Capital Private Limited, reported revenue of ₹76.65 Cr for FY 2026, up 52% year on year.
Finance startup focused on connecting small rural businesses and underbanked households with financial resources. It aims to fill the gap between traditional SME lenders and microfinance. It also offers flexible loan variants, non-credit finance options, and tech tools for digitizing unorganized value chains.
Navadhan Capital's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Navadhan Capital has 38 investors. Key investors include Angel List, Wellfound, Venture Catalysts, L N Bangur Group, and Faad Capital.
The valuation of Navadhan Capital is $19.2M as of Dec 2023.
Navadhan Capital is associated with 2 legal entities: Navadhan Capital Private Limited, Navadhan Management Services Private Limited.
The legal entities of Navadhan Capital currently have 5 directors, including Anirudh Venugopala Ramakuru, Nitin Prakash Agrawal, Vijay Kumar Haswani and others.