Finance Buddha (Finbud Financial Services Limited) has received in-principle approval from NSE Emerge to launch its SME IPO.
Founded in 2012 by Vivek Bhatia, Parth Pande, and Parag Agarwal, the company has grown into a trusted retail credit marketplace, servicing customers across 30+ states and union territories and covering more than 19,000 pincodes.
The IPO move is backed by marquee investors, including Ashish Kacholia, MS Dhoni Family Office, and Shankar V, Founder of CAMS and Member of The Chennai Angels.
Their support underscores confidence in Finance Buddha’s hybrid model, which combines an extensive agent-led marketplace with a rapidly expanding digital platform to provide personal, business, and home loans seamlessly.
“This milestone is more than a turning point for Finance Buddha; it is an opportunity to create lasting value for our stakeholders,” said Parag Agarwal, Co-founder, Finance Buddha.
“As we move towards IPO, our focus will remain on financial discipline, expanding market presence, and strengthening the trust we have built with our customers and partners,” he emphasised.
Ghanisht Nagpal, Partner – Investment Banking, SKI Capital Services Limited, added, “Few companies in the SME IPO space can boast of such an illustrious investor set. We are pleased to support Finbud in its proposed SME IPO.”
With its advisory-led approach and proprietary rules engine, Finance Buddha enables transparent lender matching and smooth loan disbursals, bridging the gap between individuals, SMEs, and financial institutions.
The IPO is expected to further accelerate its mission of democratising credit access across India.
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