Mahaveer Finance

Stage InvestedSeries C
Company FoundersMahaveer Dugar Deepak Dugar Praveen Dugar

Mahaveer Finance India Limited, established in 1981, is a Chennai-based Non-Banking Financial Company (NBFC) specializing in used commercial vehicle financing for retail customers, first-time buyers, and small fleet operators across South India. The company operates over 80 branches across five states and territories, serving more than 20,000 active customers with a focus on underserved Tier 2-5 markets. With over four decades of profitable operations, Mahaveer Finance has established a diversified funding base comprising more than 40 lender relationships and maintains a track record of conservative lending practices and superior asset quality.

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Delhi-NCR, India
1502, 15th Floor, One Horizon, Sector 43, DLF Phase V, Golf Course Road, Gurgaon 122002
Bengaluru, India
9th Floor, Unit No. 902 and 903, Campus 31, RMZ Ecoworld, Sarjapur-Marathahalli, Outer Ring Road, Bellandur, Bengaluru, 560103
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