Secured credit startup Nivasa Finance has raised $3 million (around Rs 25 crore) in a seed funding round led by Prime Venture Partners, with participation from Blume Ventures, Whiteboard Capital and a group of angel investors.
The company plans to use the fresh capital to expand geographically, strengthen its distribution network and deepen partnerships with lenders. It is also exploring the possibility of securing an NBFC licence.
Founded in 2025 by Samit Shetty and Hitesh Saraf, Nivasa Finance is building a distribution and fulfilment platform for affordable housing loans and loans against property (LAP) in non-metro markets.
The Bengaluru-based startup helps underserved borrowers, including self-employed individuals, gig workers and small business owners, access secured credit through a hybrid model combining technology-led workflows with on-ground field operations. It supports customers across the loan lifecycle, including assessment, documentation, lender matching and disbursal.
Nivasa currently works with over 10 lending partners, including banks, small finance banks, housing finance companies and NBFCs. Since launch, the startup claims to have facilitated hundreds of loans worth more than Rs 20 crore across Mysore and Mandya in Karnataka.