Bengaluru-based fintech Finnable has raised ₹250 crore in a fresh funding round led by Z47 and TVS Capital Funds, marking a significant milestone in India’s fast-evolving digital lending space.
Founded by Nitin Gupta, Amit Arora, and Viraj Tyagi, Finnable aims to enhance its technology stack, deepen AI-driven credit assessment, and expand its physical footprint across major metros and Tier-2 cities. The funding will also help the company strengthen its lending portfolio and boost accessibility to personal loans for salaried professionals.
As of June 2025, Finnable manages assets worth ₹2,924 crore, positioning itself as one of the most scalable players in India’s retail lending market. The platform leverages technology to simplify credit access and ensure responsible lending through data-backed insights and real-time risk evaluation.
The latest fundraise reflects growing investor confidence in India’s fintech lending ecosystem, projected to surpass $150 billion by 2030, driven by rising digital adoption and underserved credit demand.
