Purple Finance scales new ground in Bharat Lending, Targets ₹500 Cr AUM by FY27

With its loan portfolio tripling in FY25 and its assets under management surpassing ₹155 crore, Purple Finance continues to deliver an impressive growth. With 40 plus branches spread across 6 states, the company has amassed a clientele of over 2,500 MSME borrowers majorly spread across the tier III & IV cities & district towns.Through a hybrid model of digital origination and local feet on street network, Purple Finance, which focuses on small-ticket secured business loans, income-generation credit, and customized products for micro-entrepreneurs, has expanded its reach while maintaining asset quality.

Purple Finance as its long-term plan aspires to become a Small Finance Bank & is in the process of building an institution catering to the MSME segment spread across non-urban markets of Central India. In a recently held discussion Mr. Amitabh Chaturvedi, Founder & Executive Chairman emphasized the company's focus on sustainable expansion and strengthening its asset base. As part of this journey, Purple Finance is actively exploring strategic In-Organic growth opportunities that align with its long-term objectives and support accelerated market penetration-particularly in smaller towns and districts of Gujarat and Rajasthan.

"When we started Purple Finance, the mission was clear to unlock credit for the millions of underserved and un-served MSME customers in the non-urban geographies who struggles to access timely & fair credit. The response so far proves this isn't just a large market, it's an essential one for India's real economic growth. Bridging this credit gap is both a huge opportunity and a responsibility that we're proud to take on," reiterates Amitabh Chaturvedi, Founder and Executive Chairman.

Source : Equity Bulls

Keywords

PurpleFinance AUMGrowth FY2027 INR500Crores