Vistaar Finance raises ₹1,360 crore from Motilal Oswal Alternates, ABC Impact

Small Business Financier Vistaar Financial Services Pvt. LTD rose LaThe company said on August 25, 1,360 CRORE, Singapore -based influence investor ABC influence and others.

The lending to Micro and small enterprises said that the last round was raised La870 Crore in primary capital and La490 crore in secondary stock sales.

Avijit Saha, General Manager and General Manager of Vistaar Financial Services, said, “This investment allows us to deepen our base asset, increase customer -centered innovation, increase product diversity and strengthen the brand positioning while creating more value for all our stakeholders”.

Founded in 2010 by Brahmanand Hegde and Ramakrishna Nishtala, Vistaar offers capital access to small enterprises by focusing on micro, small and medium -sized enterprises (MSMES).

There are assets above value LaUnder the management, it operates in 12 states with 5,000 Crore (AUM) and more than 250 branches.

In 2023, the PE company Warburg Pincus strengthened the leadership bench, a pile of technology, analytical and cyber security capabilities and harmony framework.

The agreement also saw early investors Westbridge Capital, Elevar Equity, Omidyar Network India and Saama Capital.

According to Tracxn, until then, the company has collected close to $ 117 million in multiple financing rounds and worth $ 280 million.

As part of the process, he joined the field Vistaar and served as CEO.

“Vistaar established an important segment for the long -term economic progress of India, and established as a leading lender for MSMES, which is an inadequate service, and as a partner.

Vistaar’s revenues increased by 29.4% annually La684.7 Crore in 2023-24, La529.3 Crore in 2022-23. Net Snow Grow 47.1% La147.1 CRORE, La100 Crore a year ago. The company has not yet submitted the 2024-25 finance to the Ministry of Corporate Affairs.

Avendus Capital served as an exclusive financial advisor to Vistaar and shareholders.