Key Metrics
  • No. of Employees38
  • Founded Year 2022
  • Company StagePrivate Limited Company
  • Total Funding₹100.02 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About GrowXCD

GrowXCD, a Reserve Bank of India (RBI)-registered Non-Banking Finance Company, currently operates through six branches situated in Tamil Nadu. Their mission at GrowXCD is to expedite the economic advancement of MSMEs and low-income households by facilitating access to capital. They prioritize the development of credit infrastructure, ensuring the smooth flow of institutional capital into retail assets secured by mortgages.

Business Model

GrowXCD is a Non-Banking Financial Company (NBFC) that provides loans to two main customer groups: micro, small, and medium enterprises (MSMEs) and low-income households. Its loan products include small mortgage loans secured by property and short-term unsecured loans for businesses.

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GrowXCD Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹100.02 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Lok Capital
Note:

Valuation as on Nov 27, 2023

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
GrowXCD Financial Details
Financial Highlights
FY 2023-24 Revenue₹3.76 Cr
FY 2023-24 Expenses₹5.03 Cr
FY 2023-24 Profit/Loss-₹88.56 Lakh
Net Cash Flow From Operations-₹28.45 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
GrowXCD Key People
People Metrics
Current Core Team2
Board Members/Directors5

Core Team

AM
Arjun MuralidharanCo-Founder & CEO
SK
Sathish Kumar VijayanCo-Founder & CTO

Board Members/Directors

JC
Jayaraman Chandrasekaran Director
HK
Harathy Kasthury Narasimma Raghavan Director
RB
Rajat Bansal Nominee Director
GS
Gopalasamudram Srinivasaraghavan Sundararajan Nominee Director
AM
Arjun Muralidharan Managing Director
GrowXCD Documents

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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