Finova
Founded 2015 · 2,204 employees on LinkedIn · 4 known investors
Find your way into Finova
81 people in our graph share verified history with the Finova team — schools, employers, funds. One of them is your warm intro.
Finova offers secured lending products including MSME business loans, home loans, and personal loans for government salaried employees. It targets micro, small, and medium enterprises across India, providing financing secured against immovable property.
Also known as Finova Capital · Finova Capital Pvt. Ltd. · फिनोवा कैपिटल
Founders & leadership
Finova was founded in 2015 by Mohit Sahney and Sunita Sahney.
Investors · 4
Company profile
researched Aug 2026Finova Capital Pvt. Ltd. is a non-banking financial company (NBFC) licensed by the Reserve Bank of India and headquartered in Vaishali Nagar, Jaipur, Rajasthan. The company was founded in 2015 by Mohit Sahney and Sunita Sahney with a stated focus on extending credit to micro, small and medium enterprises (MSMEs) and to unorganised, unreached and underserved borrower segments in India.
Its retail product set comprises MSME business loans and home loans of Rs 2 lakh to Rs 25 lakh with repayment tenures of three to ten years, and personal loans of Rs 50,000 to Rs 3 lakh with tenures of one to three years. The company also describes offering working capital loans, machinery loans and other business financing, with use cases spanning business growth, working capital, property refurbishment and asset purchase. Operations are conducted through a branch network, supported by customer-facing services such as EMI payment, a branch locator, grievance redressal and SARFAESI and fair practice disclosures.
Founding story
Finova Capital was established in 2015 by Mohit Sahney and Sunita Sahney on the premise that MSMEs could contribute significantly to India's economic growth if given adequate access to credit and support.
Business model
Finova Capital operates as a regulated lending institution, originating and servicing small-ticket secured and unsecured loans to MSMEs and individual borrowers through a physical branch network, with disclosed pricing, interest rate and schedule-of-charges policies.
Revenue is derived from lending activity — interest on MSME, home and personal loans, alongside the charges set out in the company's published pricing policy and schedule of charges.
Traction
The company reports a presence in 17 states and more than 450 branches, and describes continued network expansion.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Finova Capital positions itself as an RBI-registered NBFC focused on credit delivery to MSMEs and underserved borrowers, backed by institutional investors including Peak XV Partners, Norwest Venture Partners, Faering Capital, Maj Invest, Sofina Ventures, Avataar Ventures and Madison India Capital.
Technology
The company cites internal processes and technology intended to speed loan assessment and disbursal, together with digital customer touchpoints including online loan applications, EMI payments and NACH cancellation requests.
Go-to-market
Distribution is branch-led, with more than 450 branch locations across 17 Indian states and online loan enquiry and application entry points on the company website.
Micro, small and medium enterprises and small retail proprietors (for example kirana and general store owners, chemical shops), plus individual borrowers seeking home and personal loans, particularly in unorganised and underserved segments.
Geography
India; headquartered in Jaipur, Rajasthan, with operations spanning 17 states and over 450 branch locations.
History
Founded in 2015, the company received a Certificate of Registration from the Reserve Bank of India dated 2 March 2016 under Section 45 IA of the Reserve Bank of India Act, 1934, and has since built a multi-state branch network.
Risks & controversies
The company has published a customer advisory warning of a rise in social-engineering financial frauds, noting scams involving fraudulent investment schemes and impersonation of officials, and stating that it does not call customers to request personally identifiable information. Its RBI disclosure notes that the regulator does not guarantee the company's financial soundness or the accuracy of its statements.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsFinova Capital holds a Certificate of Registration dated 02.03.2016 issued by the Reserve Bank of India under Section 45 IA of the Reserve Bank of India Act, 1934.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- Finovafinova.in · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Finova do?
- Finova Capital is an RBI-licensed Indian NBFC lending to MSMEs, homebuyers and individuals across 17 states.
- Who founded Finova?
- Finova was founded by Mohit Sahney, Sunita Sahney in 2015.
- Who are Finova's investors?
- Finova's investors include Norwest Venture Partners, Madison India Capital Management Pte. Ltd., Peak XV Partners, Avataar Venture Partners.