What we do Niyogin Fintech Limited is an India-based fintech platform providing unsecured loans to MSMEs through digital solutions, along with wealth tech and rural tech services. |
Founded in 1,988 |
Market share A growing NBFC and fintech player with diverse offerings and expanding partnerships across multiple Indian states. |
Problem solved Enables quick, digital access to unsecured business loans for MSMEs while streamlining onboarding, underwriting, and repayments using technology. |
Top clients or who we serve MSMEs, banks, fintech partners, and financial institutions via B2B and B2B2C models focused on embedded finance. |
Key management Tashwinder Harjap Singh (MD & CEO) with global finance experience; Board includes seasoned professionals from top financial institutions. |
Our journey and innovations Founded in 1988, rebranded in 2017, and expanded via acquisitions into fintech segments like iServeU and InvestDirect, innovating with digital lending platforms. |
Where we operate Primarily India with operations in Maharashtra, Karnataka, Tamil Nadu, Gujarat, Rajasthan, and outreach through partner ecosystems. |
Top products or what we offer Unsecured business loans for MSMEs, embedded lending, wealth management solutions, and fintech infrastructure including payment platforms. |
Top brands iServeU (full-stack fintech platform), InvestDirect (wealth management), Niyogin AI (AI-based data platform), and proprietary switching platform iswitch. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is recurring, driven by lending interest, platform fees, and fintech service subscriptions with cyclical credit risk exposure. |
Our industry position Emerging NBFC with growing market presence and innovative fintech subsidiaries positioning it among digital lenders in India. |
Financial highlights FY25 consolidated revenue: ₹309 crore; loss before tax: ₹22.3 crore; improving profitability trajectory in recent quarters. |
Geographical revenue split Revenue primarily from Indian states where lending and fintech services operate; exact split not disclosed. |
Order book iServeU has order book of ~₹635 crore across 43 contracts with leading banks and fintech clients. |
Whats driving growth Growth driven by digital lending adoption, fintech platform expansion, partnerships, and regulatory support to NBFC fintechs. |
Our future plans Focus on demerger, scaling lending book prudently, expanding fintech services, and enhancing technology through AI and digitization. |
Our green promise - |
Our people and values 114 employees with a mix of experienced professionals and a culture fostering innovation, compliance, and customer-centric growth. |
Key challenges ahead Managing credit risk, partner concentration, regulatory compliance, and sustaining profitability amid competitive fintech landscape. |
Interesting facts Launched India's proprietary switching platform 'iswitch' in partnership with IndusInd Bank; expanded fintech verticals through acquisitions in wealth and rural tech. |
Risks and strategy Mitigates credit, operational, and regulatory risks via tech-based underwriting, risk sharing with partners, and continuous process improvements. |
