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Founded
2009
Headquarters
Chennai (India)
Status
Series C
Company Details
With a rich legacy spanning 113 years as a part of the TVS Group, we are dedicated to fulfilling the dreams of every Indian. Our affordable credit solutions empower individuals across India’s diverse landscape to realise their aspirations.
Business Focus
TVS Credit primarily focuses on:
Financing for two and three-wheelers.
Loans for consumer durables and mobile phones.
Used car loans and tractor loans.
Unsecured loans.
The company has a significant presence across India with over 46,500 touchpoints and aims to empower customers from diverse socio-economic backgrounds by providing timely and accessible credit.
Our Vision
To be among the top 10 NBFCs in India by creating value for our customers, employees, and partners.
Our Mission
To empower Indians to dream bigger, secure in the knowledge that we are partners in the fulfilment of their aspirations.
Key Metrics
Total Equity Funding
$123Million
No. of Funding Rounds
4
Latest Funding Round
$73.7Million, Series C
as of June 10, 2023
Post Money Valuation
$950Million
as of N/A
Funding Multiple
9.09
as of N/A
Investors
Phi Capital
and 3 moreEmployee Count
10432
Similar Companies
FincFriends
Exit Details
N/A
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| June 10, 2023 | Series C | $73.7Million | $950.0Million | $604.0K | 1425.7x | Premji Invest , Nomura, Khaitan, JM Financial |
| March 31, 2016 | Series B | $9.4Million | $138.0Million | $127.0Million | 0.9x | Phi Capital |
| March 30, 2015 | Series B | $4.1Million | $101.0Million | $94.2Million | 1.1x | Phi Capital |
| April 21, 2010 | Series B | $36.2Million | $37.0Million | - | - | Phi Capita,HDFC |