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Avanti Finance Private Limited
AFPL is a Bengaluru-based digital financial inclusion platform operating under NBFC and MFI licenses.
Sector Focus
Finance NBFC
Highest Credit Rating
BBB+ Stable by CRISIL
Listing (Debt)
BSE
Date of NBFC License by RBI
2016
Business & Products
Financial Inclusion Platform, Digital Financing, MSME Loans
Promoter
Mr. Nandan Nilekani
Dr. Vijay L. Kelkar
Late Mr. Ratan Tata
Key Management Personnel
Mr. Rahul Gupta
Director & CEO, Ex- MD of GE Capital
Said Business School alumni
Mr. Subbu Subramanian
Director, Ex - Independent Director United Breweries Ltd
Mr. Sushil Thaker
Chief Financial Officer
CA, IIM Ahmedabad Alumnus
Mr. Sashi Pandey
Head of Growth and Strategic Initiatives
ISB Alumnus
Mr. Manish Thakkar
Chief Operating Officer
Bonds issued by Avanti Finance Private Limited
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Financial Performance
Particulars9M FY25 (₹ in cr)FY24 (₹ in cr)
AUM1575 (Sept)1387
NET WORTH297.85284
REVENUE289.28251
PAT(92.91)(13.83)
CRAR%20.3021.94
GNPA%3.633.30
NNPA%1.261.79
Credit Rating
Credit Rating AgencyRatingRating OutlookDate
CRISIL_LIMITEDBBB+Stable--
Top Lenders to Avanti Finance Private Limited
IDFC FIRST Bank Limited
Credit Saison Private Limited
Vivriti Capital Limited
MAS Financial Services Limited
Bajaj Finance Limited
AU Small Finance Bank Limited
Strength
Expectation of continued support from the founders
Adequate capitalization
Strong management team and board of directors that comprises of industry veterans
Digitization of operations to increase scalability
Weakness
Asset quality susceptible to risks associated to unsecured nature of loans
Weak earnings profile due to higher overheads
Source:
Investor Presentation, Information Memorandum & Rating Rational of Avanti Finance Private Limited