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Portfolio Company

Navadhan

Mumbai, Maharashtra, India

Overview

Navadhan Capital (legal entity Navadhan Capital Private Limited, RBI-registered NBFC) is a rural-focused fintech operating the 'AceN' platform to co-lend to under-banked MSMEs alongside partner banks/NBFCs, with cash-flow-based lending products and non-credit financial services for rural/semi-urban India. Series A of INR 111 crore (~$13M, oversubscribed above an initial INR 80 crore target), led by NabVentures (NABARD's VC arm), co-led by Prime Venture Partners, with LNB Group, Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid, and Anicut participating as existing investors doubling down (March 2025). Total disclosed funding: $19.5M over 4 rounds from 59 investors (Tracxn).

Key Facts

Sector
Fintech
Stage
Series A

Focus Areas

FintechRural MSME Co-lending / NBFC-tech
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Last updated April 20, 2026