Techfino Capital Private Limited raises ₹65 Cr to scale credit for small traders and shopkeepers

Techfino, a Bengaluru-based NBFC, has raised ₹65 crore in equity funding, led by Stellaris Venture Partners and Saison Capital. This adds to the ₹18 crore previously raised from DCB Bank and others.

The company will expand its new loans against property (LAP) product designed for small shopkeepers and traders, with loan sizes ranging from ₹8 to ₹12 lakh, secured by self-occupied property.

Founded in 2019 by ex-bankers Rajesh Panda, Ratikanta Satapathy, and Jayaprakash Patra, Techfino started with education financing coaching, school fees, higher education and is now going deeper into secured lending.

Snapshot:

> Loan book: ₹225 Cr

> FY25 revenue: ₹34 Cr

> FY25 PBT: ₹1.5 Cr

> Branches: 30

> Employees: 400

> Target: ₹350 Cr loan book, 60 branches, 600 team size by FY26

> Focus regions: Karnataka, Andhra Pradesh, Madhya Pradesh, Gujarat

"We’re focused on India’s small business backbone, traders and retailers giving them access to property-backed credit with trust and simplicity," said cofounder Ratikanta Satapathy.

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