Finova Capital Soonicorn
Jaipur-based NBFC licensed by the RBI, providing secured MSME business loans and home loans (Rs 2-25 Lakh, 3-10 year tenure) to micro-entrepreneurs and semi-skilled professionals -- electricians, plumbers, carpenters, small manufacturers and service providers -- in semi-urban and rural India who lack access to formal credit. Founded 2015 by Mohit Sahney and Sunita Sahney (a few secondary sources, incl. Faering…
Finova Capital: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 29 Oct 2024 | Series E (primary and secondary) | $135 Mn (includes secondary exits) | Avataar Ventures Madison India Capital Sofina Norwest Venture Partners | source |
| 31 Mar 2022 | Series D | $65 Mn | Norwest Venture Partners Faering Capital MAJ Invest | source |
| 28 Oct 2020 | Series C | $55 Mn | Faering Capital Sequoia Capital India | source |
| 26 Mar 2019 | Series B | $15 Mn | Faering Capital Sequoia Capital India | source |
| 6 Mar 2018 | Series A | $6 Mn | Sequoia Capital India | source |
Recent Signals
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15 Jul 2026 · financial
FY26 PAT dips 11% to ₹165.3 Cr as Gross NPA rises to 3.22% from 2.39% source -
8 Sep 2025 · growth-traction
CARE Ratings reaffirms CARE A; Stable, citing 31% YoY AUM growth to ₹3,476.98 Cr as on March 31, 2025 source -
29 Oct 2024 · ma-strategic
Series E deal gives early investors Peak XV Partners, Faering Capital and Maj Invest a partial exit source
News on Finova Capital
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Who founded Finova Capital?
Finova Capital was founded by Mohit Sahney, Sunita Sahney in 2015.
How much funding has Finova Capital raised?
Finova Capital has raised $276 Mn across 5 tracked funding round(s), most recently on 2024-10-29. Figures are compiled from cited public sources.
Who are the investors in Finova Capital?
Investors in Finova Capital include Avataar Ventures, Madison India Capital, Sofina, Norwest Venture Partners, Faering Capital, MAJ Invest, Sequoia Capital India.
What does Finova Capital do?
Jaipur-based NBFC licensed by the RBI, providing secured MSME business loans and home loans (Rs 2-25 Lakh, 3-10 year tenure) to micro-entrepreneurs and semi-skilled professionals -- electricians, plumbers, carpenters, small manufacturers and service providers -- in semi-urban and rural India who lack access to formal…
Where is Finova Capital headquartered?
Finova Capital is headquartered in Jaipur, Rajasthan, India.
What is Finova Capital's business model?
Finova Capital's core value proposition centers on Secured MSME business & home loans against immovable property, Quick, hassle-free access to funds for underserved borrowers.
How does Finova Capital make money?
Finova Capital's cited revenue streams include Interest income on secured MSME/home loans, Loan processing fees.