Chennai’s NBFC ecosystem continues to gain momentum 📈
Dugar Finance has raised ₹45 crore in a Pre-Series A round led by HegdInvst, marking a key step in its journey to scale secured MSME lending across tier 2–6 markets. With a strong ₹400 Cr AUM, ~55% CAGR, and robust asset quality, the company is now doubling down on tech, analytics-led underwriting, and expanding its rural footprint.
A solid example of how legacy players are evolving into modern, tech-enabled lending platforms.