SEEDS FINCAP PRIVATE LIMITED

In their own words

SEEDS FINCAP PVT. LTD. is a Delhi NCR-based non-deposit taking NBFC. With its headquarters in Gurugram (erstwhile ‘Gurgaon), we aim to serve a million MSMEs - Micro, Small and Medium Enterprises in India in this decade! Various reports & surveys of industry bodies and research agencies have concluded that MSMEs have the largest potential to realize & aid country’s priorities – Job creation and country’s GDP growth by way of nourishing entrepreneurship. But to make it happen, it is equally important that MSMEs are provided sufficient financing that is easy & quick because without adequate financing they cannot acquire or absorb new technologies, expand or compete in global markets, or even build business relationships with larger firms. It is noteworthy that only about a fifth of MSME’s credit requirement is met by banks and the remaining comes from informal sources. Most of the micro-enterprises depend on their promoter’s family and friends and the local moneylenders for their credit requirements. A large portion of credit needs of the micro-enterprises remains unfulfilled. This fundamentally hampers growth potential of the micro-enterprises. At Seeds, this is where we aim to bring solution on the table! While lending will be our primary activity, focus will be to help the underserved, unserved entrepreneurs living across the country with special emphasis on people living in Tier II, III & IV cities. We will touch such customers who are workers, youngsters and small entrepreneurs who do not have access to formal credit resulting in curtailment of growth or outright winding up of the business! We want to reach out to them and the Next Billion Indian entrepreneurs and help fulfil their dreams with our various flexible, progressive and superior loan products suitable to their needs with utmost satisfaction and transparency. The Company has a diversified board and the Senior Management Team with rich professional experience across BFSI industry and bring on board the varied experience & valuable perspective. In the beginning, we plan to cater to entrepreneurs of Rajasthan, Haryana, Uttar Pradesh, Punjab, Himachal Pradesh, and Uttarakhand and cater to other states subsequently.

Written by the company on its public Startup India profile. Not verified by us.