Veritas Finance Private Limited is an organization started with the primary intention of reaching out to the customers who either have no access or in-adequate access to financial services in the informal sector. 'Veritas' in Latin mean truth. True to its name, Veritas is focused on making a true impact through inclusive access to financial services on the customers engaged in informal activities.
Location: India, Tamil Nadu, Chennai
Employees: 1001-5000
Phone: 0446150011
Total raised: $4.65M
Founded date: 2015
Investors 3
| Date | Name | Website |
| - | British In... | bii.co.uk |
| - | Norwest Ve... | nvp.com |
| - | Evolvence ... | evolvencei... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 29.03.2016 | Series A | $4.5M | - |
| - | - | $145.84K | - |
Mentions in press and media 17
| Date | Title | Description |
| 06.07.2023 | Veritas Finance Secures Investment Of INR 1200 Crore The company plans to use the fresh capital to enter new markets and strengthen its new product lines, including affordable housing loans | - |
| 11.10.2021 | Indian NBFC Veritas Finance raises $66.3m from Norwest, Kedaara, others | Veritas Finance Pvt. Ltd, a non-banking finance company (NBFC) focused on lending to micro, small, medium enterprise (MSME) with presence in eight states on Thursday said that it has raised Rs440 crore of primary investment through a Series... |
| 08.10.2021 | Chennai-based Veritas Finance Has Raised Rs 500 crores In Its Series-F Round | Chennai-based Veritas Finance Pvt. Ltd, a non-banking finance company (NBFC) focused on lending to micro, small, medium enterprise (MSME) with presence in eight states on Oct 7 said that it has raised Rs 440 crore of primary investment thro... |
| 07.10.2021 | MSME-focused Veritas Finance raises Rs 500 cr round led by Norwest and Kedaara Capital | Veritas Finance Pvt Ltd, focused on lending to micro, small, medium enterprises (MSMEs), on Thursday said that it has raised Rs 440 crore of primary investment through a Series F round led by existing investors Norwest Venture Partners, Ked... |
| 07.10.2021 | Veritas Finance raises ₹440 crore in Series F round | Funding round was led by existing investors Norwest Venture Partners, Kedaara Capital and Caspian Veritas Finance, a non-banking lender focused on lending to micro, small, medium enterprises (MSMEs), on Thursday announced that it has raised... |
| 20.03.2020 | India: Veritas Finance lands $49m funding from Kedaara, Norwest, others | Premium Chennai-based small business lender Veritas Finance Thursday announced that it has raised about $48.7 million (Rs 350 crore) in Series E funding from new investor Kedaara Capital, along with the existing investors including Norwest ... |
| 19.03.2020 | Chennai-based Veritas Finance raises ₹350 cr in Series E round | Chennai-based non-banking finance company Veritas Finance Pvt Ltd, which lends to micro, small and medium enterprises, has raised ₹350 crore in a Series E round. Kedaara Capital is the new investor in this round, which also saw participatio... |
| 29.03.2019 | Veritas Finance raises ₹ 80 crore via listed NCDs | Non-banking finance company Veritas Finance on Friday said it has completed the private placement of ₹ 80 crore through issue of listed NCDs. The funds were raised through Non-Convertible Debentures to Microfinance Initiative for Asia Debt ... |
| 01.11.2018 | Veritas Finance raises ₹200 cr in Series D round | Veritas Finance Pvt Ltd, a non-banking finance company that lends to small businesses, has raised ₹200 crore in a Series D round from Norwest Venture Partners X, Mauritius. Existing investors, including CDC Group plc, UK’s development finan... |
| 06.04.2018 | MSME-focused NBFC startup Veritas secures Rs 55 Cr debt round | Veritas Finance, a Chennai-based financial services firm that lends to micro and small enterprises, has raised Rs 55 crore in debt financing from a Belgium-based fund manager, Incofin Investment Managment, and BlueOrchard, a global impact i... |
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