Arthan Finance is a non-banking financial company focused on delivering tech-enabled and affordable credit to micro, small and nano enterprises, particularly in Tier II–IV cities. The firm deploys AI and ML-based underwriting systems to speed risk discovery and loan disbursement. According to the article, it has disbursed over INR 500 crore to more than 20,000 borrowers and identifies an addressable market of roughly 11 million nano enterprises. The company says it will use recent funding to bolster AUM, broaden its geographical footprint (noting presence in Telangana, Maharashtra, Odisha and Andhra Pradesh) and enhance its technological capabilities. The article lists total capital raised as $8.39M and cites cumulative fundraising of over INR 83 crore to date. It also identifies the business as based in Mumbai and founded in 2018.

Total raised

$6M

Funding rounds

1

Latest round

Series B

Latest activity

Jun 2024