Jaipur, India
Namdev Finvest Private Limited is a Reserve Bank of India (RBI) registered non-deposit taking non-banking finance company that has been in operation since 1997. Under the leadership of Jitender Tanwar, the company focuses on providing easy access to financing for under-served or unserved entrepreneurs, particularly in rural and semi-urban locations which are the largest employment generators. With headquarters in Jaipur and branches in Rajasthan, Gujarat, Madhya Pradesh, and Punjab, Namdev's offerings include secured MSME lending, vehicle financing, and green energy solutions.
Namdev's unique approach involves offering loans for income-generating assets, thereby creating a financial discipline and enhancing the livelihoods of borrowers. The company uses a proprietary credit underwriting process and efficient collection methods, enabling it to serve similar markets across India. Namdev's empathetic yet efficient processes have not only built financial discipline among customers but also improved their livelihoods, resulting in one of the industry's best collections and earning the trust and goodwill of lenders and investors.
The company received a $19.00M Series C investment on April 02, 2024, from Maj Invest Private Equity, which signifies a strong vote of confidence in Namdev's mission and potential for growth. Namdev's commitment to serving the dreams of its customers reflects in its slogan, "HAR PAL AAPKE SATH." With a focus on empowering entrepreneurs and fostering financial inclusion, Namdev Finvest Private Limited continues to make a significant impact in the Indian finance and energy industries.
