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Veritas Finance

Veritas Finance
PE Growth LATEST DEAL TYPE (Upcoming)

Provider of business loans intended to meet working capital and business credit requirements of the small businesses in the MSME sector. The company offers short-term loans for working capital, medium-term loans for business expansion and long-term loans for asset creation to small and medium enterprises, enabling businesses to grow and expand.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Specialized Finance
Primary Office
  • SKCL Central Square 1, South Wing
  • 1st Floor, Unit Number C28-C35, CIPET Road, Thiru Vi Ka Industrial Estate, Guindy
  • Chennai, Tamil Nadu 600032
  • India

+91 044 0000 0000
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Veritas Finance Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. PE Growth/Expansion $70.1M 00000 Upcoming Generating Revenue/Not Profitable
3. Later Stage VC (Series D) 01-Nov-2018 0000 0000 Completed Generating Revenue/Not Profitable
2. Early Stage VC (Series B) 13-Dec-2017 $18.6M $23M Completed Generating Revenue/Not Profitable
1. Early Stage VC (Series A) 28-Mar-2016 $4.45M $4.45M Completed Generating Revenue/Not Profitable
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Veritas Finance Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Intec Capital Corporation New Delhi, India 000 000.00 000000000 000.00
000000 0000000 (00 Venture Capital-Backed Jaipur, India 00 000.00 00000000000 000.00
00000000000 000000 Private Equity-Backed Pune, India 000 0000 0000000 0000 0000
000 Venture Capital-Backed Gurgaon, India 0000 00000 00000000000 00000
000000000 00000 00 Private Equity-Backed Mumbai, India 0000 00000 000000000 00000
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Veritas Finance Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Norwest Venture Partners Venture Capital Minority 000 0000 000000 0
CDC Group Fund of Funds Minority 000 0000 000000 0
Caspian Impact Investments Impact Investing Minority 000 0000 000000 0
Lok Capital Venture Capital Minority 000 0000 000000 0
P Pai Angel (individual) Minority 000 0000 000000 0
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Veritas Finance Executive Team (10)

Name Title Board
Arulmany Duraisamy Managing Director, Chief Executive Officer, Board Member & Founder
K Venkatesh Chief Business Officer & President
V Suchindran Chief Financial Officer
J. Prakash Rayen Chief Operating Officer
Nicholes Anthony Head of Credit-Working Capital
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Veritas Finance Board Members (6)

Name Representing Role Since Contact
Abhijit Sen Self Board Member 000 0000
Hemant Kaul Self Board Member 000 0000
M Sivaraman Self Board Member 000 0000
N Mohan Raj Veritas Finance Board Member 000 0000
Priyamvada Ramkumar Self Board Member 000 0000
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