Chaitanya India Fin Credit is an NBFC-MFI arm of Navi Group with a mission to make financial services simple, accessible and affordable. Navi Group was founded by Sachin Bansal (Co-founder of Flipkart & IIT Delhi) and Ankit Agarwal (Ex-Deutsche Bank, IIM Ahmedabad & IIT, Delhi) in 2018 and is into the financial services space by offering digital personal loans, home loans, mutual funds, health insurance and micro-loans. The company has its headquarters in Bengaluru. Chaitanya India is the fastest-growing systemically important NBFC-MFI with an AUM of INR 4000+ Crores. The Company is looking to expand PAN India and has set a target AUM of INR 10,000 Cr by 2025. In May 2022, CRISIL assigned 'A'/Stable, which talks about the quality of the portfolio, experience in the microfinance industry, strong capital structure and credit strengths. Chaitanya offers a plethora of opportunities and promotes open-door culture with top management maintaining a close connection with the employees at various levels and across all areas. During this period of rapid growth, Chaitanya is excited to see how youthful talent develops into inspirational professionals.
Location: India, Karnataka, Bengaluru
Employees: 5001-10000
Total raised: $3.6M
Founded date: 2009
Investors 1
Date | Name | Website |
09.02.2023 | British In... | bii.co.uk |
Funding Rounds 1
Date | Series | Amount | Investors |
23.07.2019 | - | $3.6M | - |
Mentions in press and media 1
Date | Title | Description |
06.08.2016 | India: Microfinance lender Chaitanya Rural raises $7m in Series C round | Premium Bengaluru-based Chaitanya Rural Intermediation Development Services Pvt Ltd, has raised Rs. 47 crore ($7million) from Equator Capital‘s fund ShoreCap II and a few high networth individuals. Continue reading this story with a subscri... |