The 12 closest competitors and alternatives to DMI Finance among financial services companies — ranked by similarity to what DMI Finance actually does, not by market-cap band.
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DMI Finance is an Indian non-banking financial company (NBFC) that provides digital lending solutions, including personal, business, and consumption loans.
DMI Finance is a financial services company headquartered in India. It has raised at least $630M across the 2 funding rounds on record. Its most recent funding round, Undisclosed stage, raised $400M in April 2023. Xcout tracks 2 named people at DMI Finance, including Niraj Khandelwal (Group Chief Financial Officer).
At least $630M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Undisclosed stage | $400M | 2 named | |
| — | $230M | 1 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to DMI Finance by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
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Demak Corporate Services Private Limited acts as a digital loan facilitator connecting borrowers with regulated lending partners in India.
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DSP Finance Private Limited is a digital lending platform and non-banking financial company headquartered in Mumbai, India, backed by a longstanding financial legacy.
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Svamaan Financial Services is a non-banking financial company and microfinance institution providing financial inclusion and digital lending solutions to micro-entrepreneurs in India.
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Hero FinCorp is a non-banking financial company in India that provides a range of financial solutions including personal loans, business loans, and two-wheeler loans.
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Tata Capital is a non-banking financial company (NBFC) in India that offers a wide range of financial products and services. Its offerings include personal loans, home loans, business loans, vehicle loans, loans against securities and property, credit cards, microfinance, investment solutions, and various insurance policies for retail and corporate customers.
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Clix Capital is an Indian non-banking financial company that provides digital and technology-enabled lending. It primarily serves small and medium-sized businesses and individuals with products such as business loans, commercial vehicle and equipment finance, and personal loans.
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Shriram Finance is a non-banking financial company that provides a wide range of financial products and services, including fixed deposits, personal and business loans, two-wheeler and used car loans, gold loans, and insurance. It also offers digital payment services and utility bill payments to serve individuals, businesses, and underserved communities in India.
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Five-Star Business Finance Limited is an Indian non-banking financial company (NBFC) that provides secured business loans, primarily to micro and small-business owners and self-employed individuals. Its loans are generally backed by residential or commercial property and serve borrowers who may have limited access to traditional bank credit.
Similar financial services company
FlexiLoans is an RBI-registered NBFC that provides collateral-free digital business loans and financial solutions to MSMEs in India.
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Dhanjyoti Capital Finance offers online personal loans ranging from ₹50,000 to ₹20,00,000 with transparent terms and a digital application process.
Similar financial services company
TVS Credit is a leading non-banking finance company in India offering a wide range of loans including two-wheeler loans, used car loans, consumer durable loans, and personal loans.
Similar financial services company
Capri Global Capital Limited, known as Capri Loans, is a well-diversified retail-focused Non-Banking Financial Company based in India. The institution provides trusted financial services including gold loans, micro, small, and medium enterprise (MSME) loans, and home loans.
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