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AVANTI FINANCE PRIVATE LIMITED

Avanti

U65929KA2016PTC138355

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees65
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹526.44 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Avanti
Avanti is a digital financial inclusion platform operating under an NBFC and MFI license with a vision to make affordable financial services accessible to a 100 million unserved and underserved households. The company is co-founded by Mr Ratan Tata & Mr Nandan Nilekani through their philanthropy capital.
Business Model

Technology-led non banking finance company (NBFC) Avanti Finance is a digital platform that facilitates paperless and cashless lending. It partners with organizations, rooted in local communities, to offer loan products that are hyperlocal and focused on livelihood sustainability.

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Avanti Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹526.44 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • NRJN Family Trust, Nomura Capital, Bill & Melinda Gates Foundation
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Avanti Financial Details
Financial Highlights
FY 2023-24 Revenue₹252.1 Cr
FY 2023-24 Expenses₹265.28 Cr
FY 2023-24 Profit/Loss-₹13.18 Cr
Net Cash Flow From Operations-₹464.31 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Avanti Key People
People Metrics
Current Core Team2
Board Members/Directors7

Core Team

AS
Akshay SaxenaCo-Founder & CEO
VG
Vandana GoyalCo-Founder & CEO

Board Members/Directors

BA
Bindu AnanthNominee Director
RN
Ratan Naval TataDirector
VL
Vijay Laxman KelkarDirector
NM
Nandan Mohan NilekaniDirector
SS
Subramaniam SomasundaramDirector
RG
Rahul GuptaDirector
SK
Sukanya KripaluDirector
Avanti Documents

AY - 2018-19

Profit and Loss statement - Avanti - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avanti for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Avanti - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Avanti for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Avanti - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avanti for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Avanti - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Avanti for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Avanti - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avanti for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Avanti - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Avanti for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Avanti - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avanti for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Avanti - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Avanti for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Avanti - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avanti for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Avanti - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Avanti for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Avanti - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avanti for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Avanti - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Avanti for FY 2023-24
₹249.00 ₹498.00

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