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Namdev Finvest eyes eight-fold AUM growth by March 2024

Our Bureau Mumbai | Updated on November 09, 2021

Namdev Finvest Pvt Ltd (NFPL) is eyeing an eight-fold increase in its assets under management (AUM), to touch at least 2,000 crore, by March-end 2024 even as it expects the recent $4.7-million fund raise to lead to a rating upgrade.

Incofin invests in Namdev to accelerate financial inclusion in India

First investment of the Incofin India Progress Fund has happened. Aditya Bhandari: “India’s growth story depends largely on tech-enabled solutions for MSMEs and in-turn for rural prosperity. We are pleased to collaborate with Namdev Finvest Private Limited in its vision to support first-time borrowers and women entrepreneurs in rural India.”

Jitendra Tanwar