Launch
Seeds Fincap opens 51st branch in Bihar
By Startup Enthusiast ·
- Date
- Company
- Seeds Fincap
- What it does
- Opens 51st branch
- Kind
- Launch
- Based in
- Gurugram
- Founded
- 2021
What they do
The lender opened its 51st branch at Samastipur in Bihar on 26 November 2022, widening its footprint
What happened
Its network now spans five Indian states, offering business loans to small entrepreneurs in each location
Why it matters
It says it has disbursed around Rs 170 crore of collateral-free loans to more than 21,000 micro-enterprises
The details
- The 51st branch opened in Samastipur, Bihar.
- The branch network now covers five states.
- It offers MSME business loans (loans to small businesses).
About Seeds Fincap
- Product
- Gurugram-based NBFC firm dedicated to promoting financial inclusion and supporting the growth of MSMEs across India
- Customers
- Underserved MSMEs and small businesses in India.
- How it makes money
- Provides business loans through an NBFC model, earning through lending income and related fees.
- What sets it apart
- Uses cash flow-based underwriting with tech-enabled sourcing and collections.
More on Seeds Fincap
- Seeds Fincap raises ₹100 crore Series B1 October 2026 · Funding · ₹100 Cr
- Seeds Fincap wins Gold client protection certification20 July 2026 · News
- Seeds Fincap raises Rs 50 crore pre-Series B12 August 2025 · Funding · Rs 50 Cr
- Seeds Fincap crosses Rs 500 crore AUM11 April 2025 · Results
- Seeds Fincap raises $4.5 million via NCDs30 July 2024 · Funding · $4.5 Mn
- Seeds Fincap raises $8.5 million Series A17 July 2024 · Funding · $8.5 Mn
- InnoVen Capital lends venture debt to Seeds Fincap18 December 2023 · Funding
- Seeds Fincap raises $6 million Series A115 September 2023 · Funding · Rs 50 Cr