When was HFS founded?

HFS was founded in 2005 and raised its 1st funding round 20 years after it was founded.

Where is HFS located?

HFS is headquartered in Mumbai, India.

Which legal entities is HFS associated with?

HFS is associated with NTT GLOBAL DATA CENTERS NAV2 PRIVATE LIMITED and 1 other.

How many employees does HFS have?

As of Aug 31, 2025, HFS has 2067 employees, reflecting a 13% year-over-year growth in headcount.

Is HFS a funded company?

HFS is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Sep 30, 2025.

When was the latest funding round of HFS?

HFS's latest funding was a $***** PE round on Sep 30, 2025, with participation from 1 investor. Its primary sector is Consumer and SME Loans. In India, the Consumer and SME Loans sector has seen $2.45B in funding in 2026 to date.

What is the annual revenue of HFS?

Annual revenue of HFS is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does HFS rank among its competitors?

HFS ranks 37th amongst 1271 active competitors, of which 78 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Olyv, which secured $23M in Jan, 2026.

Who are the top competitors of HFS?

HFS's top competitors include Northern Arc Capital, Bajaj Finserv and Aditya Birla Capital. Among them, Olyv secured the most recent funding round in January, 2026.

HFS - 2026 Company Profile, Team, Funding, Competitors & Financials

HFS is a late stage company based in Mumbai (India), founded in 2005 by Harsh Surendra Hiranandani. It operates as a Provider of financial products including business, working capital, and MSME loans. HFS has raised $92M in funding. The company has 1271 active competitors, including 78 funded and 219 that have exited. Its top competitors include companies like Northern Arc Capital, Bajaj Finserv and Aditya Birla Capital.

Company Details

Provider of financial products including business, working capital, and MSME loans. The company offers loans for commercial property and secured loans using property or assets as collateral. Businesses served include manufacturing, retail, kirana, services, and trading. They provide an EMI calculator, blogs, and FAQs, and offer services such as doorstep service and faster processing.

Website: hfs.in
Social
Email ID: *****@hfs.in

Key Metrics

Founded Year

2005

Location

Mumbai, India

Stage

Late Stage

Total Funding

$92M in 1 round

Latest Funding Round

PE, Sep 30, 2025, $*****

Investors

Vitruvian Partners

Ranked

37^th among 1271 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

2,067 as on Aug 31, 2025

Similar Companies

Funding Circle & 8443 more

View HFS's full profile

HFS is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HIRANANDANI FINANCIALSERVICES PRIVATE LIMITED CIN: U65999MH2017PTC291060 , India, Active	Feb 10, 2017	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
NTT GLOBAL DATA CENTERS NAV2 PRIVATE LIMITED CIN: U72900MH2021PTC355020 , India, Active	Feb 10, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	2217 (As on Apr 01, 2026)

HFS has raised a total funding of $92M over 1 round. Its latest funding round was a PE round on Sep 30, 2025 for $*****. 1 investor participated in its latest round. HFS has 1 institutional investor.

Here is the list of recent funding rounds of HFS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 30, 2025	6666712	PE	1589583	5855291	9548918	5928924

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View details of HFS's funding rounds and investors

The founders of HFS is Harsh Surendra Hiranandani. Uday Suvarna is the CEO of HFS.

Here are the details of HFS's key team members:

Harsh Surendra Hiranandani: Founder of HFS. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Uday Suvarna: CEO of HFS.
Contact Info: 1 email address

HFS's Board of Directors

HFS's board has 5 active members. Harsh Surendra Hiranandani is part of team and Utpal Hemendra Sheth, Neha Surendra Hiranandani, Anil Kaul and Prem Kumar Chophla are independent board members.

Here is the list of HFS's board of directors:

Name	Type	Representing	Status	Duration
gklyyaw	Team	-	Past	8y 2m
usfvagm	Independent board member	-	Past	1y 9m
oxs{gps	Independent board member	-	Past	4y 8m
ligozft	Independent board member	-	Past	1y 1m
xvnooiq	Independent board member	-	Past	9y 6m

View details of HFS's Founder profiles and Board Members

HFS's employee count trend

HFS has 2,067 employees as of Aug 25. The total employee count is 12.0% more than what it was in Aug 24. Here is HFS's employee count trend over the years:

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Top competitors of HFS include Northern Arc Capital, Bajaj Finserv and Aditya Birla Capital. Here is the list of Top 10 competitors of HFS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Northern Arc Capital 2008, Chennai (India), Public	Provider of household and business loans	$240M	Standard Chartered, Eight Roads Ventures ... & 34 others	76/100
2nd	Bajaj Finserv 2007, Pune (India), Public	Financial services conglomerate offers a range of financial solutions	-	Nepean Capital, WestBridge Capital & 4 others	75/100
3rd	Aditya Birla Capital 2007, Mumbai (India), Public	Provider of loans, investments, insurance, UPI, and bill payment services	-	IFC, ADIA & 9 others	74/100
4th	AYEFin 2014, Gurugram (India), Public	Organization empowering economic transformation of micro enterprises	$164M	CapitalG, Elevation Capital & 47 others	74/100
5th	Hinduja Leyland Finance 2008, Chennai (India), Series C	Provider of commercial vehicle, construction equipment, and personal vehicle financing solutions	$276M	Everstone Capital, IndusInd International Holdings ... & 25 others	74/100
6th	Tata Capital 2007, Mumbai (India), Public	Diversified non-banking financial company	-	Ekamya Capital	74/100
7th	Olyv 2017, Bengaluru (India), Series C	A personal loan and financial solutions provider	$49.5M	Lightrock, Trifecta Capital & 57 others	73/100
8th	Fino Paytech 2006, Mumbai (India), Series D	Provider of banking technology platforms and service delivery channel infrastructure	$177M	IFC, Bharat Petroleum & 41 others	72/100
9th	Shriram Finance 1979, Mumbai (India), Public	Provider of consumer and SME loans	-	ChrysCapital, Norwest & 5 others	71/100
10th	Manappuram Finance 1949, Valapad (India), Public	Provider of consumer and SME loans	$40M	Nepean Capital, WestBridge Capital & 9 others	71/100
37th	HFS 2005, Mumbai (India), Late Stage	Provider of financial products including business, working capital, and MSME loans	$92M	Vitruvian Partners	62/100