Finbud Financial Services Ltd Company Summary

Finbud Financial Services Limited was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of Finbud Financial Services Private Limited on July 09, 2012 issued by the Registrar of Companies, Karnataka. Subsequently, the Company name has been changed to Finbud Financial Services Limited and a fresh Certificate of Incorporation dated September 23, 2024 is issued by the Registrar of Companies, Karnataka.The Company operates as a financial platform that specializes in connecting borrowers with lenders, utilizing a hybrid model that combines online via a digital channel and traditional methods via agent channel. It employs a commission-based revenue model, deriving income from each successful loan disbursement conducted by its Lending Partners.

It offers a range of financial products, including personal loans, home loans, and credit lines to consumers, as well as business loans and working capital loans targeted at small to medium-sized enterprises. Each borrower is matched with a suitable lender to ensure that their specific financial needs are met, providing them with flexible terms and competitive rates. Started in 2012 with the goal of creating a retail loan marketplace, Finance Buddha first began operations in Bangalore.

Today, it operates across India, covering over 19,000 postal areas. The Company was founded by Vivek Bhatia, Parag Agarwal, and Parth Pande, all of whom have years of experience in financial services. The Company has partnered with more than 100 lenders to offer customized loan solutions.Finance Buddha is a prominent retail loan aggregation platform in India that helps people get personal loans, business loans, and home loans from banks and non-banking financial companies.

The Company acquires customers through a hybrid strategy using digital marketing and through a wide network of external agents to reach out to prospective borrowers. Upon loan disbursement the Company earns a commission from the lenders. The Company is uniquely differentiated amongst its competitors by being the only major player to have a hybrid business model - conventional lending i.e., Agent channel and Digital Lending i.e., Digital Channel.

Conventional or Agent business is the primary & initial customer acquisition strategy for the Company, here in this case with its widely distributed agent network the company gets access to a curated audience of customers where a large part of the preliminary checks is already done on the consumers, thus resulting in higher conversion rates and more optimised model for the lender ecosystem.The Company launched the IPO of 50,48,000 equity shares of Rs 10 each by raising a fresh issue of Rs 71.68 Crores in November, 2025.