Finnable has secured ₹500 crore in equity funding led by Z47 and TVS Capital to enhance accessible credit solutions for India's emerging professionals.

Target Information

Finnable, one of India's fastest-growing digital lending companies, has successfully secured ₹500 crore in equity funding, with Z47 and TVS Capital leading the round. This funding serves as a strong endorsement of Finnable's commitment to providing responsible, transparent, and accessible credit to India's emerging professionals.

Established by Nitin Gupta and Amit Arora, Finnable seeks to bridge the gap in consumer credit for younger and ambitious individuals employed in small and mid-sized enterprises across India. Their focus is primarily on professionals earning ₹15,000 to ₹50,000 per month, who are often overlooked by traditional credit systems. By employing a unique blend of digital underwriting and physical verification, the company delivers fast and responsible loan solutions aimed at helping customers achieve significant life goals such as healthcare, education, and home improvements.

Industry Overview

India's consumer credit market has historically catered to individuals with long credit histories and stable incomes, primarily serving those at the top of the economic pyramid. However, the landscape is shifting as a generation of youn