• NBFC aims to scale to 50 locations in a year with a blend of digital underwriting and local engagement
  • Early funding from a Delhi-based family office underpins growth strategy across tier 2 and tier 3 markets

Mumbai : Three seasoned financial services professionals Mr. Saif Hasan, Mr. Jaspreet Singh, and Mr. Prajit Chandrasekhar have come together to launch KreditVenture, a pioneering NBFC dedicated to bridging the credit gap for micro, small, and medium enterprises (MSMEs) in India’s tier 2 and tier 3 cities. The company began operations earlier this year with a focus on Loan Against Property (LAP), marking the start of its secured lending journey.

India’s LAP market is estimated at ₹5.6–7 lakh crore, yet a significant portion remains underserved. KreditVenture’s approach is anchored in secured lending, initially targeting MSMEs and later expanding into used commercial vehicle loans. The mission is to build a scalable, responsible lending business rooted in strong credit discipline.

Saif Hasan, Founder of KreditVenture, said, “We are committed to building KreditVenture as a long-term, responsible player in secured lending. Our focus is on prudent, scalable growth across Bharat—from LAP to adjacent secured products—anchored in trust, customer-centricity, and discipline. We believe the next phase of secured lending growth will be led by early movers who drive collaboration by digitally integrating partners across the value chain.’’

Currently operating in nearly ten towns across Maharashtra, KreditVenture aims to expand to fifty locations within a year and plans to extend into southern and northern markets soon, strengthening its presence across India’s growth corridors.

Sharing his perspective, Jaspreet Singh, Co-Founder said, “Markets beyond metros are full of high-potential entrepreneurs who lack access to formal credit. By combining data-driven underwriting with on-ground validation, we bridge this gap. Our platform digitizes traditional manual processes, enabling micro businesses and partners to improve sourcing, boost efficiency, and unlock new growth opportunities.”

What sets KreditVenture apart is its blend of high-tech tools with deep local engagement. While digitized land and income records enhance underwriting accuracy, we also assess household-level income streams such as small shops, tailoring, or seasonal work validated through community references. This combination of technology and human insight allows us to extend credit to those largely excluded from formal finance.

Prajit Chandrasekhar, Founding Partner, added, “Our focus on secured lending enables responsible growth. By integrating real market data into our assessments, we address challenges like limited income proof and low financial literacy in rural areas. Digitized records, combined with on-ground validation, help us manage risk transparently and reduce information asymmetry building a resilient, responsible NBFC”

The three founders bring diverse strengths that form the company’s core Saif Hasan, with over two decades of experience in financial services from leading business teams to forging strategic partnerships, Jaspreet Singh, with 20 years of experience in transaction banking, technology, and strategy, and Prajit Chandrasekhar, with 20 plus years in corporate and investment banking, fintech, and credit-risk management.

KreditVenture has already secured early-stage equity funding from Nikunj Jajodia a Delhi based large family office. The association of such a family office reflects strong confidence in the company’s vision and positions KreditVenture for future rounds of capital raising. Also, the company has partnered with reputed NBFCs and HFCs—including DMI Housing Finance, Agrim Housing Finance, and Singularity Credit World (BHN)—for co-lending and partnership requirements.

With a clear strategy, innovative lending model, and a leadership team that combines vision with operational depth, KreditVenture is positioning itself as a next-generation NBFC committed to financial inclusion and entrepreneurship across India’s vibrant tier 2 and tier 3 markets.