KEY MILESTONES
Founded by M.G. Jawanjar as a provider of personal loans in Maharashtra.
Registered as a deposit taking NBFC and entered the 2W financing segment in Maharashtra
Converted to the branch - based model from a franchisee model
Mr. Sandeep Jawanjal, Son of Mr. M G. Jawanjal Joined the Business.
Started expanding into adjoining states of Chhattisgarh, Madhya Pradesh, Telangana and Gujarat
Raised Equity of ₹50 Crores from Amicus Capital.
Company has made the highest disbursement of ₹740+ Crores in the FY 2021-22 with 102 Branches.
Raised Equity of ₹100 Crores from Amicus Capital and Maj Invest.