Funding · Financial Services

Finkurve Financial Services Limited raises ₹50 crore through NCD issuance from Franklin Templeton

What they do

Finkurve Financial Services Limited is a tech-first gold loan NBFC operating in India

The company raised ₹50 crore through a Non-Convertible Debenture (NCD) issuance from Franklin Templeton to support growth and business expansion

The funds will be used to expand lending, strengthen technology, and deepen market presence across existing and new markets

Finkurve Financial Services Limited, a tech-first gold loan NBFC, raised ₹50 crore through a Non-Convertible Debenture (NCD) issuance from Franklin Templeton.
The funding is being executed in two tranches, with the first tranche of ₹24 crore successfully completed.
The second tranche will be completed in the coming phase, with the total amount expected to be raised soon.
The capital will be used to expand lending, strengthen the technology-driven platform, and deepen market presence across existing and new markets.
The investment reflects continued institutional confidence in Finkurve’s business fundamentals and long-term growth strategy.

The funding will help Finkurve strengthen its capital base and serve a larger customer base with innovative financial solutions.
The company has previously raised funds and has a track record of disciplined financial management and prudent risk practices.
Finkurve has operationalized a co-lending partnership with Godrej Finance Limited under the Reserve Bank of India’s co-lending framework.

Finkurve Financial Services Limited is a tech-first gold loan NBFC that provides financial solutions to a broad customer base.
The company offers gold loans, personal loans, and SME financing through partnerships with fintech companies.
Finkurve has served over 50,000 customers through a network of 115+ branches across four states in southern India.
The company is expanding its lending operations and strengthening its technology platform to enhance customer reach and service.
Finkurve is positioning itself as a leading gold loan NBFC in India with a focus on accessible, technology-driven financial services.

Finkurve plans to leverage the fresh capital to strengthen its market presence and expand customer reach.
The company aims to enhance its technology capabilities and reinforce its position as a leading tech-driven gold loan NBFC.

Franklin Templeton (investor) — A global investment management company with a focus on asset management and wealth management.