About NEDFi
NEDFi is a Financial Services company based in Guwahati (India) founded in 1995. It operates as a financial assistance and development services for enterprises in North Eastern India. The company has 156 employees. Its website nedfi.com draws about 16 thousand monthly visits. Its Indian entity North Eastern Development Finance Corporation Limited reported revenue of ₹187 Cr. NEDFi offers products and services including Term Loans and Venture Capital Services. Its focus areas include Finance and Development, Loans and Microfinance, Project Financing and Loan Provision.
Company details
North Eastern Development Finance Corporation Ltd is recognized as a public limited company that was established under the Companies Act to support economic growth in the North Eastern Region of India. Financial assistance is provided for various projects in industrial, infrastructure, and agri-allied sectors, along with microfinance and venture capital initiatives. Services include loan products, consultancy, and mentoring for entrepreneurs, aimed at fostering sustainable development. Investments are made in startups and innovative businesses to enhance regional entrepreneurship, while studies and resources are utilized to promote policies and incentives from government agencies.
- Headquarters Guwahati, India
- Employees 156
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Social Facebook
- Legal Name North Eastern Development Finance Corporation Ltd
- Date of Incorporation 09 Aug, 1995
- Jurisdiction Guwahati, Assam, India
- Annual Revenue₹187 Cr
FY 2019 · +7% YoY
- Net Profit₹61.72 Cr
FY 2019 · 33% margin
- EBITDA₹113 Cr
FY 2019 · 60% margin
- Employee Count156
Associated legal entities of NEDFi
NEDFi operates through North Eastern Development Finance Corporation 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 |
|---|---|---|---|---|---|---|---|
| North Eastern Development Finance Corporation Limited CIN U65923AS1995GOI004529 | Active | 09 Aug 1995 | Guwahati, Assam | ₹187 Cr | 156 | 17 | View details |
Products & Services of NEDFi
NEDFi offers a comprehensive portfolio of products and services, including Term Loans and Venture Capital Services.
Term loans are extended for setting up and expanding industrial and infrastructure projects in the North Eastern Region
Venture capital services are provided for investments in startups and innovative technologies to foster regional development
Board of directors of North Eastern Development Finance Corporation Limited (NEDFi)
North Eastern Development Finance Corporation Limited is the primary company behind NEDFi. The board of North Eastern Development Finance Corporation Limited currently have 15 directors; the longest-serving is Veekash Kumar Agarwal, appointed in 2015. 64 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Veekash Kumar Agarwal DIN 10363090 | Company Secretary | 01 Dec 2015 | 10 yrs 10 mo | North Eastern Development Finance Corporation Limited |
| Anoop Kumar DIN 09036480 | Director | 20 Jan 2021 | 5 yrs 8 mo | North Eastern Development Finance Corporation Limited |
| Venkata Suryalakshmi Narasimha Murthy Poduri DIN 07355708 | Managing Director | 01 Jul 2021 | 5 yrs 3 mo | North Eastern Development Finance Corporation Limited |
| Ugen Tashi DIN 06898202 | Director | 21 Jul 2022 | 4 yrs 3 mo | North Eastern Development Finance Corporation Limited |
| Kaushik Sinha DIN 08848597 | Director | 29 Apr 2023 | 3 yrs 5 mo | North Eastern Development Finance Corporation Limited |
| Bibekananda Acharya DIN 10349293 | Nominee Director | 11 Oct 2023 | 3 yrs | North Eastern Development Finance Corporation Limited |
| Nandita Hazarika DIN 10349292 | Director | 12 Oct 2023 | 3 yrs | North Eastern Development Finance Corporation Limited |
| Donald Phillips Wahlang DIN 02600478 | Director | 31 Oct 2023 | 2 yrs 11 mo | North Eastern Development Finance Corporation Limited |
| Mohmmad Nazmuddin DIN 08377468 | Director | 28 Mar 2024 | 2 yrs 6 mo | North Eastern Development Finance Corporation Limited |
| Ravi Kota DIN 07090704 | Director | 23 May 2024 | 2 yrs 4 mo | North Eastern Development Finance Corporation Limited |
| Sahadevan Asari Radhakrishnan DIN 10707454 | Director | 26 Jul 2024 | 2 yrs 2 mo | North Eastern Development Finance Corporation Limited |
| Niraj Kumar DIN 10893090 | Director | 18 Dec 2024 | 1 yr 10 mo | North Eastern Development Finance Corporation Limited |
| Prabhash Bose DIN 11197785 | Additional Director | 16 Jul 2025 | 1 yr 3 mo | North Eastern Development Finance Corporation Limited |
| Manish Gupta DIN 01135912 | Additional Director | 03 Apr 2026 | 6 mo | North Eastern Development Finance Corporation Limited |
| Atul Rathi DIN 11850808 | Additional Director | 31 Jul 2026 | 2 mo | North Eastern Development Finance Corporation Limited |
Financials of NEDFi
Figures of North Eastern Development Finance Corporation Limited, the primary company behind NEDFi, for FY 2019. Revenue was ₹187 Cr (+7% year on year). Net profit was ₹61.72 Cr (33% margin). EBITDA was ₹113 Cr (60% margin). Revenue has grown at a compounded annual rate of +7% over three years.
- ₹187 CrRevenue · FY 2019 · +7% YoY
- ₹61.72 CrNet profit · 33% margin
- ₹113 CrEBITDA · 60% margin
- ₹100 CrPaid-up capital
- 156Employees (provident fund records)
- +7%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of North Eastern Development Finance Corporation Limited are on its company page.
Detailed financial statements for NEDFi
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Web traffic of NEDFi
The website of NEDFi (nedfi.com) receives about 16.4K visits a month.
- Monthly visits16.4K
▲ 5.4% vs previous month
Websites whose visitors overlap most with NEDFi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
necouncil.nic.in | necouncil.nic.in | 100% | – | – | – |
| indiastatdistricts.com | 93% | – | #2,896,054 | View details | |
lohit.nic.in | lohit.nic.in | 88% | – | #2,301,240 | – |
bathinda.nic.in | bathinda.nic.in | 85% | – | #1,244,942 | – |
haryana.nic.in | haryana.nic.in | 82% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for NEDFi
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Top companies in Microfinance
10 companies that operate in the same segment as NEDFi (Microfinance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | – | USD 71.68 M | 12,403 | |
Provider of micro-credit & insurance for low income income individuals and women | 1997 | Secunderabad, Telangana, India | USD 144.02 M | USD 208.71 M | 38,310 | |
Microfinance loans are extended to low-income women entrepreneurs. | 2010 | Ernakulam, Kerala, India | USD 138.19 M | USD 251.96 M | 10,650 | |
Micro loans for consumers are provided by Asirvad Microfinance. | 2009 | Chennai, Tamil Nadu, India | USD 1.75 M | USD 94.88 M | 16,309 | |
Microfinance and banking services are provided to urban poor communities. | 2005 | Bengaluru, Karnataka, India | USD 238.31 M | USD 857.24 M | 24,370 | |
Microcredit services are provided to rural women for financial inclusion. | 2012 | Mumbai, Maharashtra, India | USD 232.92 M | USD 49.44 M | 10,779 | |
Avanti Finance is focused on providing affordable financial services. | 2016 | Bengaluru, Karnataka, India | USD 79.74 M | USD 13.6 M | 87 | |
Microfinance services offering loans to low-income households in India. | 1999 | Bengaluru, Karnataka, India | – | – | – |
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Related news about Nedfi
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Frequently Asked Questions about NEDFi
NEDFi was founded in 1995.
NEDFi is headquartered in Guwahati, India. It is registered at Guwahati, Assam, India.
NEDFi has 156 employees.
The primary company behind NEDFi, North Eastern Development Finance Corporation Limited, reported revenue of ₹187 Cr for FY 2019, up 7% year on year.
North Eastern Development Finance Corporation Ltd is recognized as a public limited company that was established under the Companies Act to support economic growth in the North Eastern Region of India. Financial assistance is provided for various projects in industrial, infrastructure, and agri-allied sectors, along with microfinance and venture capital initiatives. Services include loan products, consultancy, and mentoring for entrepreneurs, aimed at fostering sustainable development. Investments are made in startups and innovative businesses to enhance regional entrepreneurship, while studies and resources are utilized to promote policies and incentives from government agencies.
NEDFi offers Term Loans and Venture Capital Services.
NEDFi operates through North Eastern Development Finance Corporation Limited.
The legal entities of NEDFi currently have 16 directors, including Mohmmad Nazmuddin, Donald Phillips Wahlang, Ugen Tashi and others.