Finnable raises ₹500 Cr led by Z47 and TVS Capital to power responsible credit access for India’s professionals

Bengaluru, India | 11th November, 2025

One of India’s fastest-growing digital lenders, Finnable, has raised ₹500 crore in equity funding led by Z47 and TVS Capital.The round marks a strong vote of confidence in Finnable’s mission to bring responsible, transparent, and accessible credit to India’s emerging professionals.

For years, India’s consumer credit story has belonged to the top of the pyramid: those with long credit histories, stable incomes, and established trust with banks. But the real India is younger, more ambitious, and employed across thousands of small and mid-sized enterprises that keep the economy moving. Their access to credit has always lagged their potential.

Now, as India’s consumer credit landscape matures, Finnable is reimagining personal lending for India’s emerging professionals, those earning ₹15,000–₹50,000 a month who are often invisible to the formal credit system.

Founded by Nitin Gupta and Amit Arora, Finnable combines deep data intelligence with a strong credit culture, enabling fast, responsible loans that help professionals achieve life milestones: from healthcare and education to home improvement and family needs. Its model is phygital by design: digital in underwriting and instant approvals, physical in verification and collections. Every collections executive is on payroll, ensuring tighter control, lower delinquencies, and stronger borrower relationships.

The company’s inclusive and disciplined approach has paid off: 65% of Finnable’s customers are first-time personal loan borrowers, yet their repayment behaviour matches that of seasoned credit users. It’s a business built to scale trust as much as capital—technology where speed matters, human touch where it counts most. 

“Finnable was built to solve a real gap. Today, we’ve built a business that earns trust before it earns scale, said Nitin Gupta, CEO and Co-founder, Finnable.“Millions of salaried professionals fall through the cracks of formal credit despite being financially disciplined. We built a model that serves them responsibly, at scale, and profitably. Our first-time BBB+ rating is proof that fintech can be both fast and financially sound.”

“Over the last few years, we’ve proven that sustainable lending can be tech-first, data-driven, and deeply human. Finnable has shown that lending at scale can be both sustainable and socially meaningful. We’re now focused on serving over one million customers in the next 4 years and expanding our loan book to ₹10,000 crore, continuing to drive social good at scale.” said Amit Arora, Co-founder, Finnable.

Vikram Vaidyanathan, Managing Director at Z47 added: “Z47 invests in companies that shape the digital fabric of a developed India. Finnable is doing just that: leveraging technology, phygital distribution and the power of AI to bring accessible & responsible credit to millions. Nitin and Amit’s multi-decadal experience in lending coupled with a sharp risk focus and AI-assisted fraud prevention has enabled Finnable to operate with industry-leading asset quality. We are proud to double-down on our partnership with them as they continue scaling their business and introducing new loan products designed around customer life goals - ensuring financial empowerment for India’s rising professionals”.

Krishna Ramachandran, Managing Partner, at TVS Capital, said, “Finnable’s frictionless financing solutions cater to the often-overlooked employees of MSME segments, combining digital efficiency with physical presence to create a uniquely resilient business model. We are thrilled to partner with Nitin and Amit, whose deep expertise in the space has helped them build a very focused, capital-efficient business with great credit underwriting. We look forward to the next few years partnering with them in building more products for underserved white spaces in lending.”

Finnable earned its first-ever credit rating: BBB+ from CARE Ratings in September 2025, making it among the few young NBFCs to achieve that in their first cycle. The company has maintained a GNPA of 1.1 %, well below the industry average, and scaled to an AUM of ₹3,100 crore with remarkable financial discipline—burning almost no equity to get there and turning profitable last year. Together, these milestones underscore Finnable’s financial strength and capital prudence.
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This round will help Finnable expand its product portfolio, deepen partnerships with employers and financial institutions, and invest further in technology and data science. As it grows, the company remains focused on a single goal — making responsible, inclusive credit a part of everyday life for India’s professionals.

‍About Finnable
Finnable is a leading financial technology company democratising access to personal loans for India's salaried professionals. The company provides personal loans to make the lives of millions of salaried earners less stressful, more productive, and significantly happier through responsible lending practices. Founded by seasoned fintech entrepreneurs Nitin Gupta, and Amit Arora, the company leverages deep expertise in financial technology and risk management to deliver loans in minutes.

About Z47
Founded in 2006, Z47 is an investment Firm with more than 150 investments till date and an AUM of over $3.5 billion. Guided by a ‘founders first’ philosophy, Z47 is committed to backing missionary founders leading India to its goal of becoming a developed nation by 2047, prioritizing founders over markets. 

Z47’s focus sectors include Financial Services, Consumer, B2B, Advanced Manufacturing and Enterprise AI amongst others. We are proud partners to several Financial Services companies; select ones include Jupiter, OneCard, Oxyzo, and Scapia. Other select investments include Dailyhunt, Five Star Business Finance, OfBusiness, Ola, Ola Electric, and Razorpay. 

Z47 has offices in Mumbai, Delhi, Bengaluru and GIFT City.