Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Eleven Infuses ₹216 Crore into Financial Services Arm, Total Investment Reaches ₹470 Crore

Eleven

New Delhi: Diversified business group Eleven has infused ₹216 crore into its financial services business, taking its cumulative investment in the segment to ₹470 crore over the past four years as it strengthens its presence in India’s financial services ecosystem.

The fresh capital will support the expansion of the group’s financial services franchise, particularly its NBFC, SVCL, which has served more than 19 lakh customers and disbursed loans worth over ₹10,000 crore.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

As part of its growth strategy, Eleven has also launched Eleven Tech, a technology platform aimed at accelerating digital transformation across its financial services operations. The company has appointed Monu Ratra as the Chief Executive Officer of the new platform.

AdvertisementSAAS

Follow Elets Technomedia Channel on WhatsApp

The investment reflects Eleven’s continued focus on expanding technology-driven lending, improving operational capabilities, and strengthening customer reach across underserved segments.

AdvertisementInfoComm India 2026

With increased capital allocation and a dedicated technology platform, the group aims to enhance its digital lending capabilities, improve customer experience, and support the next phase of growth in its financial services business.

Also Read: Progcap Eyes $45 Million Equity Raise to Accelerate Lending Growth

The latest investment underscores growing confidence in India’s NBFC sector, where technology adoption and capital infusion continue to drive financial inclusion and scalable credit delivery.

Follow Elets Banking and Finance on LinkedIn

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Tags: Eleven

Our Coverage of News

ED Searches CoinDCX, Delta Over FEMA Crypto Trades

The Enforcement Directorate (ED), Bengaluru Zonal Office, searched three premises linked to Neblio Technologies Private Limited (CoinDCX) and… Read more →

Angel One Overtakes Zerodha as India's No. 2 Broker

Angel One Limited overtook Zerodha as India’s second-largest stockbroker by National Stock Exchange (NSE) active investors at the… Read more →

MobiKwik Gets RBI NBFC Licence for ₹5,000 Cr Credit

One MobiKwik Systems Limited (NSE: MOBIKWIK / BSE: 544305) on 6 November 2026 said its subsidiary MobiKwik Financial… Read more →

SEBI Caps Unhedged Currency Derivatives at $5 Million

The Securities and Exchange Board of India (SEBI) on 5 November 2026 revised the threshold for unhedged SEBI… Read more →

Mufin Green Finance Buys 23% Bimapay for ₹65.75 Cr

Mufin Green Finance Limited (NSE: MUFIN, BSE: 542774) on 5 November 2026 approved a cash acquisition of up… Read more →

Stockal: Investors Allege ₹100 Cr Unauthorised US Trades

Nearly 30 Indian retail investors have alleged losses exceeding ₹100 crore after unauthorised trades on Bengaluru-based wealthtech platform… Read more →

whatsapp--v1