Seeds Fincap Raises ₹100 Cr To Scale Lending Tech Capabilities

Delhi NCR-based NBFC Seeds Fincap has successfully raised over ₹100 Cr ($10.4 Mn) in a Series B funding round, with key investors including the Michael & Susan Dell Foundation, Z47, Lok Capital, Norinchukin Capital and Alteria Capital. The additional capital will be utilized to expand their branch network, improve risk management systems and venture into new markets.

In a statement, co-founder Subhash Chandra Acharya, who also serves as the MD and CEO, expressed his optimism about leveraging the funds to deepen their market presence, bolster their technology and human resources, and serve a larger number of entrepreneurs and underserved communities.

Founded in 2021 by Acharya, Avishek Sarkar and Sumeet Dhall, Seeds Fincap offers credit products ranging from ₹50,000-1 Lakh to entrepreneurs and micro, small, and medium-sized enterprises. The startup employs a unique, cash-flow driven method for credit assessment, complemented by advanced technology and field operations. The firm has achieved profitability in the financial years 2024-25 and 2025-26, with total disbursements of approximately ₹620 Cr in FY26.

Seeds Fincap currently has assets under management (AUM) of ₹722 Cr and aims to hit ₹1,000 Cr in AUM by March 2027. The company also boasts a network of 164 branches and over 70,000 active members as of August 2026.

Lending tech startups are projected to constitute more than half of India's fintech market, which is expected to grow to generate over $250 Bn in revenue by 2030. This growth is being driven by increasing credit adoption in the country. As for the lending tech sector, several mature players have recently begun listing on the stock market.

SEBI recently approved the IPO of Social Worth Technologies, the parent company of the lending tech startup Fibe (formerly EarlySalary), while digital lending unicorn Moneyview made its public debut in the stock market. Earlier this year, other fintech companies like Kissht and Aye Finance also went public.