Veritas Finance
Veritas Finance Ltd – Non Banking Finance
Chennai, India · Founded 2015 · $172.5M raised
- Headquarters
- Chennai
- Employees
- 1001–5000
- Founded
- 2015
- Business Model
- B2C
- Website
- veritasfin.in
- Total Funding
- $172.5M
- Last Round
- $29.0M Venture RoundSep 2024
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Veritas Finance Private Limited is a Chennai-based non-banking financial company (NBFC) registered with the Reserve Bank of India, focused on meeting the credit needs of micro, small, and medium enterprises (MSMEs) in India's largely underserved informal economy. Founded in 2015 by Arulmany Duraisamy, Veritas offers MSME rural and urban loans, home construction loans, and used commercial vehicle loans through a branch network spanning multiple Indian states. The company has achieved unicorn status with a $1 billion valuation and is backed by investors including Lok Capital, Evolvence, and Avendus Future Leaders Fund.
Summary
Veritas Finance is a Fintech company based in Chennai, India, founded in 2015. It has raised $172.5M in total across 5 rounds, most recently a $29.0M Venture Round in Sep 2024. Investors include Norwest Venture Partners and Kedaara Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Sep 2024
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Funding: Series A through Venture Round. Amounts, valuations, and investors where available.
Investors
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