Startup Atlas · Financial Inclusion

Namdev Finvest

Namdev Finvest Limited Jaipur, Rajasthan Founded 2013 namfin.in ↗

Jaipur-based non-banking finance company (NBFC) providing secured MSME, two-wheeler, e-rickshaw, and solar loans to underserved rural and semi-urban borrowers across nine North-Western Indian states.

Jitendra Tanwar · Managing Director & CEO
$124.2 MnTotal funding (tracked)
7Funding rounds
19 Jan 2026Last round
1,597Team size (sourced)

Namdev Finvest: Funding Rounds

Date Round Amount Investors Source
19 Jan 2026 Debt $37 Mn FMO Franklin Templeton Alternative Investments Impact Investment Exchange Symbiotics source
Mar 2025 ~ Equity (Top-up) $3 Mn LC Nueva AIF Promoters Group source
22 Jan 2025 Debt $38 Mn BlueOrchard Finance Developing World Markets Mirova source
2 Apr 2024 Pre-Series C $19 Mn MAJ Invest Promoters Group source
22 Jan 2024 Series B $15 Mn British International Investment Incofin Investment Management LC Nueva AIF Promoters Group source
Oct 2022 ~ Debt $7.5 Mn Symbiotics Investments source
24 Sep 2021 Series A $4.7 Mn Incofin Investment Management source

Recent Signals

  • 24 Jun 2026 · regulatory
    Namdev Finvest transitions to a Limited company and gets an ICRA A- rating upgrade source

News on Namdev Finvest

No coverage of Namdev Finvest linked yet.

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FAQs on Namdev Finvest

Who founded Namdev Finvest?

Namdev Finvest was founded by Jitendra Tanwar in 2013.

How much funding has Namdev Finvest raised?

Namdev Finvest has raised $124.2 Mn across 7 tracked funding round(s), most recently on 2026-01-19. Figures are compiled from cited public sources.

Who are the investors in Namdev Finvest?

Investors in Namdev Finvest include FMO, Franklin Templeton Alternative Investments, Impact Investment Exchange, Symbiotics, LC Nueva AIF, Promoters Group, BlueOrchard Finance, Developing World Markets.

What does Namdev Finvest do?

Jaipur-based non-banking finance company (NBFC) providing secured MSME, two-wheeler, e-rickshaw, and solar loans to underserved rural and semi-urban borrowers across nine North-Western Indian states.

Where is Namdev Finvest headquartered?

Namdev Finvest is headquartered in Jaipur, Rajasthan, India.

What is Namdev Finvest's business model?

Namdev Finvest's core value proposition centers on Credit access where banks won't lend, Green/climate financing, Secured lending model.

How does Namdev Finvest make money?

Namdev Finvest's cited revenue streams include Interest income from MSME-dominated secured loan book, Net interest margin of 8.96% (FY25), Interest income from treasury/cash investments.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com www.passionateinmarketing.com · Last verified 7 Sep 2026. · Report a correction