Seeds Fincap

Funding rounds

Timeline

• 2022
• Sep 2022 About ₹10 crore of fresh equity from existing investors and promoters Business Standard
• Nov 2022 Opened 51st branch in Samastipur, Bihar ANI News
• 2023
• Sep 2023 Series A1: ₹50 crore led by Lok Capital Entrackr
• Dec 2023 Venture debt from InnoVen Capital, amount not disclosed Bar and Bench
• 2024
• Jul 2024 Series A: over $8.5 million led by Lok Capital and Matrix Partners India (Z47) Entrackr
• Jul 2024 Over $4.5 million raised through debentures, led by responsAbility Business Today
• 2025
• Apr 2025 Loans under management passed ₹500 crore Business Standard
• Aug 2025 Pre-Series B: ₹50 crore led by Z47 and Lok Capital YourStory
• 2026
• Jul 2026 Gold client protection certification from MicroFinanza Rating Ahmedabad Mirror
• Oct 2026 Series B: over ₹100 crore led by Michael & Susan Dell Foundation Entrackr

The short version

• Seeds Fincap is a Gurugram finance company that lends to small shop owners and tiny manufacturers. Entrackr
• Its loans are collateral-free business loans, plus property-backed, consumer durable and supply chain loans. EntrackrBusiness Standard
• It began operations in 2021 and had 164 branches by October 2026. Entrackr
• Its loan book grew from about ₹100 crore in 2022 to ₹500 crore in April 2025 and ₹722 crore in August 2026. Business StandardBusiness StandardEntrackr
• Lok Capital led a Series A1 of ₹50 crore in September 2023. Entrackr
• In July 2024 Lok Capital and Matrix Partners India (now Z47) led a Series A of over $8.5 million. Entrackr
• It raised ₹50 crore in a pre-Series B in August 2025. YourStory
• The Michael & Susan Dell Foundation led a Series B of over ₹100 crore in October 2026. Entrackr
• It aims for ₹1,000 crore of loans outstanding by March 2027 and won a Gold client protection certification in July 2026. EntrackrAhmedabad Mirror

Products

• Business loans: Collateral-free loans from ₹1 lakh to ₹5 lakh for small businesses, both secured and unsecured. EntrackrEntrackr
• Property-backed loans: Loans where property is pledged. Business Standard
• Consumer durable loans: Finance for buying household goods. Business Standard
• Supply chain finance: Credit for businesses linked to supply chains. Business Standard

People

• Subhash Chandra Acharya: Co-founder, MD and CEO. Earlier worked at Midland Microfin, Bandhan Bank, Bharat Financial Inclusion, IndusInd Bank and Swadhaar FinServe. Entrackr
• Avishek Sarkar: Co-founder and Chief Risk Officer. Has an MBA from Kalinga Institute of Industrial Technology. Entrackr

Every story on Seeds Fincap

• SFSeeds Fincap · Funding · 1 October 2026 · ₹100 CrSeeds Fincap raises ₹100 crore Series BSeeds Fincap is a Gurugram lender that gives small loans to nano businesses and individuals left out by traditional credit checks
• SFSeeds Fincap · News · 20 July 2026Seeds Fincap wins Gold client protection certificationItalian rating agency MicroFinanza Rating audited the lender and awarded its Gold-level Client Protection Certification in July 2026
• SFSeeds Fincap · Funding · 12 August 2025 · Rs 50 CrSeeds Fincap raises Rs 50 crore pre-Series BExisting backers Z47 and Lok Capital led a Rs 50 crore round, with Norinchukin Capital and Alteria Capital joining
• SFSeeds Fincap · Results · 11 April 2025Seeds Fincap crosses Rs 500 crore AUMIn April 2025 the lender reported more than Rs 500 crore of assets under management in under four years
• SFSeeds Fincap · Funding · 30 July 2024 · $4.5 MnSeeds Fincap raises $4.5 million via NCDsThe lender raised over $4.5 million from its first development finance institution through non-convertible debentures
• SFSeeds Fincap · Funding · 17 July 2024 · $8.5 MnSeeds Fincap raises $8.5 million Series ALok Capital and Matrix Partners India, now called Z47, led a Series A of over $8.5 million

• SFSeeds Fincap · Funding · 18 December 2023InnoVen Capital lends venture debt to Seeds FincapInnoVen Capital India Fund made a venture debt investment, whose size was not disclosed, in the lender in December 2023
• SFSeeds Fincap · Funding · 15 September 2023 · Rs 50 CrSeeds Fincap raises $6 million Series A1Lok Capital committed Rs 50 crore, about $6 million, in the Series A1 round; Rs 32 crore came in the first tranche
• SFSeeds Fincap · Launch · 26 November 2022Seeds Fincap opens 51st branch in BiharThe lender opened its 51st branch at Samastipur in Bihar on 26 November 2022, widening its footprint
• SFSeeds Fincap · Funding · 4 September 2022 · Rs 10 CrSeeds Fincap adds Rs 10 crore equityExisting investors and the founding promoters put in about Rs 10 crore of fresh equity in the lender