Veritas Finance Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 1,840
Employees
  • Latest Deal Type
  • Series E
  • Latest Deal Amount
  • $47.8M
Latest Deal Amount
  • Investors
  • 7

Veritas Finance General Information

Description

Provider of business loans intended to meet working capital and business credit requirements of 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.

Contact Information

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

Veritas Finance Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Veritas Finance Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series E) 17-Mar-2020 $47.8M 000.00 Completed 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
To view Veritas Finance’s complete valuation and funding history, request access »

Veritas Finance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of business loans intended to meet working capital and business credit requirements of small businesses in the
Specialized Finance
Chennai, India
1,840 As of 2020
000.00
00000000000 000.00

000000 0

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00000000000 0000000
Jaipur, India
000 As of 0000
0000
0000000000 0 0000

00000000

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00000000000 0000000
Pune, India
000 As of 0000
0000
0000000 0000 0000
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Veritas Finance Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Finova Capital (Specialized Finance) Venture Capital-Backed Jaipur, India 000 0000 0000000000 0 0000
00000000000 000000 Private Equity-Backed Pune, India 000 0000 0000000 0000 0000
000 Venture Capital-Backed Gurgaon, India 0000 00000 000000000 00000
00000 0000000 Corporation New Delhi, India 00 000.00 000000000 000.00
000000000 00000 00 Private Debt Financed Mumbai, India 00000 00000 000000000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

Veritas Finance Executive Team (10)

Name Title Board Seat Contact Info
Arulmany Duraisamy Founder, Managing Director, Chief Executive Officer and Board Member
K Venkatesh Chief Business Officer & President
V Suchindran Chief Financial Officer
J. Prakash Rayen Chief Operating Officer
Sheik Abdullah Senior Vice President, Business Development & Marketing
You’re viewing 5 of 10 executive team members. Get the full list »

Veritas Finance Board Members (10)

Name Representing Role Since
Abhijit Sen Self Board Member 000 0000
Arulmany Duraisamy Veritas Finance Founder, Managing Director, Chief Executive Officer and Board Member 000 0000
Gaurav Malhotra CDC Group Board Member 000 0000
Hemant Kaul Self Board Member 000 0000
Mahadevan Sivaraman Self Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Veritas Finance Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Veritas Finance Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Kedaara Capital PE/Buyout Minority 000 0000 000000 0
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
You’re viewing 5 of 7 investors. Get the full list »