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Secured lending NBFC Techfino secures Rs 65 crore funding

  • Bengaluru-based NBFC Techfino secures Rs 65 crore funding in an equity round led by Stellaris Venture Partners and Saison Capital.
  • Techfino, founded in 2019, had previously raised Rs 18 crore from investors like DCB Bank.
  • Techfino, started by senior bankers, offers funding for coaching classes, school fees, education, and now loans against property for small businesses.
  • The company aims to increase its book size from Rs 225 crore to Rs 350 crore, with a focus on loans against property.
  • Techfino follows a branch-led model across states like Karnataka, Andhra Pradesh, Madhya Pradesh, and Gujarat with plans to double its current 30 branches by FY26.
  • The company plans to provide loans ranging from Rs 8 to 12 lakh to small businesses looking for self-occupied property.
  • Techfino aims to increase its branch presence and employee count from 400 to around 600 by the end of this year.
  • The firm closed FY25 with total revenue of Rs 34 crore and a profit before tax of Rs 1.5 crore.

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