When was Namdev Finvest founded?

Namdev Finvest was founded in 1997 and raised its 1st funding round 20 years after it was founded.

Where is Namdev Finvest located?

Namdev Finvest is headquartered in Jaipur, India. It is registered at Namdev House, Plot No. 21, Neer Sagar-A, Bhankrota, Bhankrota, Jaipur, Jaipur, Rajasthan, India, 302026.

Who is the current CEO of Namdev Finvest?

Jitendra Tanwar of Namdev Finvest. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Namdev Finvest associated with?

Namdev Finvest is associated with NAMDEV FINVEST LIMITED.

How many employees does Namdev Finvest have?

As of Aug 31, 2025, Namdev Finvest has 1670 employees, reflecting a 17% year-over-year growth in headcount.

Is Namdev Finvest a funded company?

Namdev Finvest is a funded company, having raised a total of $49.8M across 13 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 30, 2017.

How much is Namdev Finvest worth?

The latest valuation of Namdev Finvest is $***** as of Mar 29, 2025.

When was the latest funding round of Namdev Finvest?

Namdev Finvest's latest funding was a $***** Conventional Debt round on Jan 19, 2026, with participation from 4 investors. Its primary sector is Consumer and SME Loans. In India, the Consumer and SME Loans sector has seen $474M in funding in 2026 to date.

What is the annual revenue of Namdev Finvest?

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

Where does Namdev Finvest rank among its competitors?

Namdev Finvest ranks 39th amongst 990 active competitors, of which 70 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Namdev Finvest, which secured $37M in Jan, 2026.

Who are the top competitors of Namdev Finvest?

Namdev Finvest's top competitors include Manappuram Finance, Northern Arc Capital and Bajaj Finserv. Among them, Namdev Finvest secured the most recent funding round in January, 2026.

Namdev Finvest - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of financial services including business, solar, vehicle, and equipment loans. This entity offers credit products to support personal and professional financial requirements. The services include financing for sustainable energy projects, small and medium enterprises, and personal transportation assets. The organization operates as a non-banking financial institution providing lending solutions to facilitate economic growth and asset acquisition.

Website: namfin.in
Social
Email ID: *****@namfin.in
Phone Number: +91 **********
Registered Address: Namdev House, Plot No. 21, Neer Sagar-A, Bhankrota, Bhankrota, Jaipur, Jaipur, Rajasthan, India, 302026

Key Metrics

Founded Year

1997

Location

Jaipur, India

Stage

Series B

Total Funding

$49.8M in 13 rounds

Latest Funding Round

Conventional Debt, Jan 19, 2026, $*****

Post Money Valuation

$***** as on Mar 29, 2025

Investors

Incofin Investment Management & 88 more

Ranked

39^th among 990 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

1,670 as on Aug 31, 2025

Similar Companies

Manappuram Finance & 3852 more

View Namdev Finvest's full profile

Namdev Finvest is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NAMDEV FINVEST LIMITED CIN: U65921RJ1997PLC047090 , India, Active	Apr 11, 1997	₹100 - ₹500 Cr (As on Mar 31, 2025)	1667 (As on May 01, 2026)

Namdev Finvest has raised a total funding of $49.8M over 13 rounds. Its first funding round was on Dec 30, 2017. Its latest funding round was a Conventional Debt round on Jan 19, 2026 for $*****. 4 investors participated in its latest round. Namdev Finvest has 17 institutional investors and 72 angel investors.

Here is the list of recent funding rounds of Namdev Finvest:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 19, 2026	4840692	Conventional Debt	2239420	4990149	3580456	8722081
Mar 29, 2025	3482895	Series B	6906970	8189557	8221480	Nueva Capital
Jan 22, 2025	5613256	Conventional Debt	7252343	8482599	5437675	Developing World Markets & 2 more

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View details of Namdev Finvest's funding rounds and investors

The founders of Namdev Finvest are Jitendra Tanwar and Latika Tanwar. Jitendra Tanwar is the CEO of Namdev Finvest.

Here are the details of Namdev Finvest's key team members:

Jitendra Tanwar: Co-Founder, CEO & MD of Namdev Finvest. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Latika Tanwar: Co-Founder & Director of Namdev Finvest. They serve on the board of 1 company.
Contact Info: 1 phone number

Namdev Finvest's Board of Directors

Namdev Finvest's board has 4 active members. Jitendra Tanwar, Latika Tanwar and Hemant Ratan Kaul are part of team and Hayagreeva Ravikumar Puranam is independent board member.

Here is the list of Namdev Finvest's board of directors:

Name	Type	Representing	Status	Duration
Jitendra Tanwar	Team	-	Current	8y 0m
Latika Tanwar	Team	-	Current	12y 9m
Hemant Ratan Kaul	Investor	-	Current	4y 10m
Hayagreeva Ravikumar Puranam	Independent board member	-	Current	4y 10m

View details of Namdev Finvest's Founder profiles and Board Members

Namdev Finvest's employee count trend

Namdev Finvest has 1,670 employees as of Aug 25. The total employee count is 17.0% more than what it was in Aug 24. Here is Namdev Finvest's employee count trend over the years:

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Top competitors of Namdev Finvest include Manappuram Finance, Northern Arc Capital and Bajaj Finserv. Here is the list of Top 10 competitors of Namdev Finvest, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Manappuram Finance 1949, Valapad (India), Public	Provider of consumer and SME loans	$40M	Nepean Capital, WestBridge Capital & 9 others	77/100
2nd	Northern Arc Capital 2008, Chennai (India), Public	Provider of household and business loans	$283M	Eight Roads Ventures, Standard Chartered ... & 43 others	74/100
3rd	Bajaj Finserv 2007, Pune (India), Public	Financial services conglomerate offers a range of financial solutions	-	Nepean Capital, WestBridge Capital & 4 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	Tata Capital 2007, Mumbai (India), Public	Diversified non-banking financial company	-	Ekamya Capital	73/100
6th	Aditya Birla Capital 2007, Mumbai (India), Public	Provider of loans, investments, insurance, UPI, and bill payment services	-	IFC, ADIA & 9 others	73/100
7th	IIFL Finance 1995, Mumbai (India), Public	Provider of online gold, home, personal & business loans	-	ADIA, Fairbridge Capital & 7 others	72/100
8th	Shriram Finance 1979, Mumbai (India), Public	Provider of consumer and SME loans	-	Apax, ChrysCapital & 5 others	72/100
9th	Mahindra Finance 1991, Mumbai (India), Public	Provider of consumer & SME loans	$84.6M	Affirma Capital, Faering Capital & 2 others	70/100
10th	Indostar Capital Finance 2009, Mumbai (India), Public	Real estate and infrastructure financing firm	-	Beacon India, Brookfield Asset Management ... & 5 others	70/100
39th	Namdev Finvest 1997, Jaipur (India), Series B	Provider of financial services including business, solar, vehicle, and equipment loans	$49.8M	Franklin Templeton India, British International Investment ... & 87 others	62/100

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Founders (largest shareholder) own 34.37%, Funds own 29.68%, Enterprises own 0.49% and Angels own 10.14%. The net worth of Namdev Finvest's founders is INR 351Cr as of Mar 29, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.37%	351Cr	2767498	5036254	9550159	3736047
Jitendra Tanwar	2683743	8400359	6521624	2916468	9311602	9648668
Latika Tanwar	2223127	5591695	7647104	8763751	5107407	5062673
Fund	29.68%	303Cr	5775650	1365475	4351991	3217112
Incofin Investment Management	2380168	3067265	3611274	4090672	7776563	9966148
ARA Asset Management	8	2	2	1	5	7
Yukti Securities	0	0	0	0	0	0
Nueva Capital	0	0	0	0	0	0
Maj Invest	0	0	0	0	0	0
Enterprise	0.49%	5Cr	0	0	0	0
Angel	10.14%	103Cr	5177600	8657743	5716033	3710646
Other People	3.33%	34Cr	330	325	943	703
ESOP Pool	3.60%	36.8Cr	735	556	221	828
Other Investors	18.38%	188Cr	7963325	9183606	5071495	6877408
Total	100.00%	1,020Cr	5267737	3048238	1205333	6306083