Svasti Microfinance

Thane, India Founded: 2010 • Age: 16 yrs
Microfinance services are extended to urban poor communities.
Annual revenue - Latest available
Total funding $30.9M 15 rounds
Employees - Tracked headcount
Investors 27 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Svasti Microfinance

Svasti Microfinance is a company based in Thane (India) founded in 2010 by Arunkumar Padmanabhan and Narayan Subramaniam. Svasti Microfinance has raised $30.89 million across 15 funding rounds from investors including Kotak Mahindra Bank, BlueOrchard and Michael & Susan Dell Foundation. Svasti Microfinance offers products and services including Microfinance Loans, MSME Loans, and Svastech. Svasti Microfinance operates in a competitive market with competitors including Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and ESAF, among others.

  • Headquarter Thane, India
  • Founders Arunkumar Padmanabhan, Narayan Subramaniam
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Svasti Microfinance
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30.89 M (USD)

    in 15 rounds

  • Latest Funding Round
    $5.14 M (USD), Series C

    Mar 17, 2026

  • Investors
  • Employee Count
    Not available
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Products & Services of Svasti Microfinance

Svasti Microfinance offers a comprehensive portfolio of products and services, including Microfinance Loans, MSME Loans, and Svastech.

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Category locked
Primary

Provides loans to underserved communities without collateral for small businesses.

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Offers loans to micro, small, and medium enterprises for growth and operations.

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In-house system for enhancing operational efficiency and risk management.

People of Svasti Microfinance

Headcount 50-200
Employee Profiles 7
Board Members and Advisors 3
Employee Profiles
People
Narayan Bhaskar
VP, HR & Admin
People
Arunkumar Padmanabhan
Co-Founder & CEO
People
Narayanan Subramaniam
Co-Founder, CFO & CIO
People
Peeyush Dubey
VP, MSME Loans

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Board Members and Advisors
people
MN Venkatesh
Chairman
people
Smriti Chandra
Director
people
Ramanathan Annamalai
Director

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Funding Insights of Svasti Microfinance

Svasti Microfinance has successfully raised a total of $30.89M across 15 strategic funding rounds. The most recent funding activity was a Series C round of $5.14 million completed in March 2026. 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 Svasti Microfinance

Svasti Microfinance has secured backing from 27 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Kotak Mahindra Bank, BlueOrchard and Michael & Susan Dell Foundation.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage healthcare startups are targeted for venture capital investments.
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Private equity investments are directed toward women empowerment initiatives.
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Investment management services and private equity funds are offered.
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Investor details for Svasti Microfinance

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Investments & Acquisitions by Svasti Microfinance

Investments
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Investment portfolio details for Svasti Microfinance

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Financial Statements - Svasti Microfinance

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Detailed financials for Svasti Microfinance

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Svasti Microfinance Comparisons

Svasti Microfinance Primary company
Description
Microfinance services are extended to urban poor communities...
Location
Thane, India
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Svasti Microfinance

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Competitors of Svasti Microfinance

Svasti Microfinance 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 Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and ESAF, among others.

Company Name Domain Founded year HQ Location Description
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Small finance services are extended to underserved segments in India.
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Microfinance bank
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Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
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Small finance bank
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Microfinance banking services are offered in India by ESAF.
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Small finance bank
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Detailed competitors of Svasti Microfinance

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Latest news on Svasti Microfinance

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Complete news archive for Svasti Microfinance

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Frequently Asked Questions about Svasti Microfinance

Svasti Microfinance was founded in 2010.

Svasti Microfinance is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.

Arunkumar Padmanabhan is the current CEO of Svasti Microfinance. They have also founded this company.

Svasti Microfinance is a funded company, having raised a total of $30.89M across 15 funding rounds to date.

Svasti Microfinance was established in 2010 in Thane, India, as a microfinance institution focused on urban poor populations. Operations involve direct lending and agency services for banks and insurers. Core offerings include microloans, MSME financing, savings accounts, and insurance products, with expansion into broader financial services in serviced urban areas.

Svasti Microfinance's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and ESAF.

Svasti Microfinance offers Microfinance Loans, MSME Loans, and Svastech.

Svasti Microfinance has 27 investors. Key investors include Kotak Mahindra Bank, BlueOrchard, Michael & Susan Dell Foundation, Ramrod Advisors, and Impact Investment Exchange.

The valuation of Svasti Microfinance is $37.61M as of Oct 2023.

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