Purple Finance Ltd. Company History and Annual Growth Details

Purple Finance Limited has been in existence for the last three decades, having been incorporated since 1993. We are registered with the Reserve Bank of India as a non-deposit taking NBFC and started our limited lending activities in 2013. In 2022, five like-minded professionals came together with the existing founder of Purple Finance, Amitabh Chaturvedi, to build an MSME-focused, digital-first NBFC, catering to micro and small enterprises with secured business loans.

This founding team of six professionals has more than 125 years of cumulative work experience in leadership roles in large and successful financial service organisations before commencing their journey with Purple Finance as founding members.


2024

-The company issued rights shares of Rs. 10 in the ratio of 1:3 at a premium of Rs. 30 per share.

2025

-The company issued rights shares of Rs. 10 in the ratio of 3:14 at a premium of Rs. 32 per share.

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