Namdev Finvest

Indian startups raised capital to expand and become more successful. Here is this week’s Top Indian Startups Funding Roundup – 20 January – 24 January 2025.

MSME lender Namdev Finvest Pvt. Ltd. has raised $38 million in debt to expand its loan book from Developing World Markets (DWM), Swiss microfinance fund manager BlueOrchard, and US-based climate-focused fund Mirova.

The Danish asset management firm Maj Invest led Namdev Finvest, an NBFC, in securing $19 million, or approximately INR 158.4 crore, in its pre-Series C investment round.

Non-Banking Finance Company (NBFC) Namdev Finvest has secured 15 million in Series-B funding round. The funding round co-led by British International Investment (BII), LC Nueva AIF (LC), promoters, employees, and the continued support of existing investor Incofin India Progress Fund.