TVS Credit is a leading Indian NBFC and primary financier for TVS Motor Company and a major tractor financier, with growing presence in used car, used commercial vehicle, consumer durable and unsecured loan segments. The company serves over 1 crore customers through 40,000+ touchpoints and employs 19,000+ people. In FY23 TVS Credit reported AUM of Rs. 20,602 crores, a 48% year-on-year increase, and expects AUM to exceed Rs. 50,000 crores in the next few years. Its strategy emphasizes digitisation, omni-channel distribution and expanding the channel partner network to reach new customers. The firm leverages new-age technologies and data analytics to support underwriting and scale, and positions itself around promoting financial inclusion and affordable credit.

Total raised

$58M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023