Company Intelligence Profile
Swara Fincare Limited
Swara Fincare Limited (SFL) is a new-age Non-Banking Financial Company (NBFC-ND) incorporated in June 2020, headquartered in the Delhi-NCR region (registered office Uttam Nagar, New Delhi; head office in Noida, UP; corporate office in Udyog Vihar, Gurgaon).
Last updated 21 August 2026
Swara Fincare Limited is a Non-Banking Financial Company (NBFC-ND) incorporated in June 2020 and based in the Delhi-NCR region, having received its RBI certificate of registration in September 2021. It focuses on financial inclusion for under-banked rural and semi-urban populations, providing customized loans to small entrepreneurs and farmers along with bundled life, health and general insurance. Aggregator data reports standalone revenue of roughly Rs. 30 crore for the year ended March 2025.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Swara Fincare Limited |
|---|---|
| CIN | U65999DL2020PLC364228 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | Unlisted; has listed NCDs/bonds on Wint Wealth platform |
| Incorporated | 02 June 2020 |
| ROC | Registrar of Companies, Delhi |
| Sector (NIC) |
|
| Registered address | Plot No. 17B and 18B, Third Floor, Gali No. 3, Sidhatri Enclave, Uttam Nagar, West Delhi, New Delhi, Delhi 110059 |
| Authorized capital | Rs. 32.6 Cr vs Rs. 35.1 Cr — flagged as a source conflict, not resolved |
| Paid-up capital | Rs. 16.23 Cr / Rs. 162,252,770 vs Rs. 19.71 Cr — flagged as a source conflict, not resolved |
Business Overview
- Swara Fincare Limited (SFL) is a new-age Non-Banking Financial Company (NBFC-ND) incorporated in June 2020, headquartered in the Delhi-NCR region (registered office Uttam Nagar, New Delhi; head office in Noida, UP; corporate office in Udyog Vihar, Gurgaon)
- It received its RBI certificate of registration in September 2021
- SFL focuses on financial inclusion for under-banked rural and semi-urban populations, providing customized loans/financing to "stage entrepreneurs" and small farmers, along with bundled life/health/general insurance products, delivered partly via a mobile app for loan tracking and EMI payments
- Per the company's own website (as of the site's stated date), it operates 35 branches across 5 states with ~Rs. 141.72 Cr in Assets Under Management and cumulative disbursements of ~Rs. 413.62 Cr, reporting ~46,205 "lives impacted." Employee headcount is reported differently across sources: ~545 vs 208 via EPFO records — a source conflict, not resolved
- Founders are named as Dev Verma and Mukund Madhav
Directors
Source conflict on board composition/timing: Tofler (older snapshot) lists Sudha Agarwal (DIN 06474424), Vinod Prasad (DIN 08893514), Dev Verma (DIN 08250469, Managing Director), and Jamuna Rao Verghese (DIN 01774919). TheCompanyCheck (more recent) lists a changed board: Eric Savage (Nominee Director, appointed 3 Sep 2025), Jamuna Rao Verghese (Director, appointed 14 Jan 2025), Mukund Madhav (Additional Director, appointed 3 Sep 2025), Dev Verma (CEO, appointed 1 Apr 2024), Sudha Agarwal (Director, appointed 2 Jun 2020), Rajesh Chandra Gupta (Director, appointed 14 Jan 2025) — DINs not given for this later set. Key managerial personnel: CEO Dev Verma, CFO Sumit Ranjan (TheCompanyCheck). Only DINs for Sudha Agarwal, Vinod Prasad, Dev Verma, and Jamuna Rao Verghese are confirmed (Tofler, single source, not cross-verified with Falconebiz — falconebiz.com was not successfully queried this pass).
Financials
- FY ended 31 March 2025: Revenue ~Rs. 30.68 Cr / Rs. 25-50 Cr band with +61.96% YoY growth — figures roughly consistent (~Rs. 30-31 Cr, ~62-63% YoY growth)
- EBITDA and PAT: locked/restricted on both aggregator sites — not obtained
- Net worth: increased 90.59% YoY. Borrowings: increased 83.69% YoY; flagged as a possible internal inconsistency in the source)
- No confirmed absolute PAT, EBITDA, or net worth rupee figures obtained from any source in this pass
Funding
- Total funding reported as ~$3.28M (~Rs. 27 Cr) across 4 rounds from a large investor base
- Latest round: ~$2.31M closed 30 Sep 2024, described as a "Series A" in one Tracxn-derived snippet, with UC Impower cited as lead investor
- Investor base described as ~90 investors total: ~10 institutional (including Zoom Insurance Brokers) and ~80 angel investors; other named investors include Piper Serica and Alteria Capital
- This is aggregator-sourced and not cross-verified with a second independent source — treat as partial/unconfirmed
Charges & Loans
- major charge holders/lenders include Vivriti Capital Limited (~Rs. 18 Cr), Northern Arc Capital Limited (~Rs. 17 Cr), Caspian Impact Investments Private Limited (~Rs. 14 Cr), UC Inclusive Credit Private Limited (~Rs. 13 Cr), and Ambium Finserve Private Limited (~Rs. 10 Cr)
- Per TheCompanyCheck: aggregate open charges of ~Rs. 140.01 Cr and satisfied charges of ~Rs. 72.4 Cr (cumulative, not broken out by individual charge-holder in the fetched extract)
- The company has also issued multiple retail NCDs/bonds (9 listed on Wint Wealth) with coupons of 15.80%-17.00% and issue sizes of Rs. 1.60-5.00 Cr each, maturities from Aug 2024 through Jun 2026 — no credit rating disclosed for these instruments in the fetched content
Competitors
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