Mahaveer Finance raises Rs 200 crore from Elevation Capital and others

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Mahaveer Finance raised Rs 200 crore in its first venture round led by Elevation Capital. The Chennai-based NBFC plans to expand its loan book, invest in tech, and diversify into products like LAP. With 80+ branches across South India, it targets Rs 5,000 crore in assets and ₹100 crore monthly disbursals.

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Mahaveer Finance raises Rs 200 crore from Elevation Capital and others

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