Chaitanya India Fin Credit Pvt Ltd
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Chaitanya India Fin Credit Pvt Ltd

https://www.chaitanyaindia.in/
Last activity: 09.02.2023
Categories: BusinessFinTechHealthTechHomeInsurTechLoanManagementPersonalServiceSpace
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.
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Followers
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Location: India, Karnataka, Bengaluru
Employees: 5001-10000
Total raised: $3.6M
Founded date: 2009

Investors 1

DateNameWebsite
09.02.2023British In...bii.co.uk

Funding Rounds 1

DateSeriesAmountInvestors
23.07.2019-$3.6M-

Mentions in press and media 1

DateTitleDescription
06.08.2016India: Microfinance lender Chaitanya Rural raises $7m in Series C roundPremium 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...

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