Mahaveer Finance, a Non-Banking Financial Company (NBFC) specializes in used commercial vehicle financing and has an asset under management (AUM) of over INR 1,000 crore. Operating primarily in Tamil Nadu, Andhra Pradesh, Telangana, and Pondicherry, the company manages a network of 63 branches across 55 districts. It has built a granular book and a highly diversified lending portfolio, with an average ticket size of INR 5-6 lakh. With a BBB+ credit rating, Mahaveer has established a robust liability base of over 40 lending partners. Since BanyanTree’s investment, Mahaveer has achieved an impressive compound annual growth rate (CAGR) exceeding 40%, with industry-best return metrics with an ROA of 3.5%+ and ROE of 15%+.

This investment mirrors the success BanyanTree experienced with SK Finance, where we were the first institutional investor. Mahaveer Finance has secured additional equity funding from FirstBridge Capital, a private equity fund.

As a livelihood financier, Mahaveer focuses on supporting the underbanked, with 30% of its customers relying solely on their vehicles for income and 50% owning less than 5 acres of farmland.

Microbe is a B2B multi-specialty diagnostic solutions provider, in the Tier II &Tier III regions of India focusing on the unorganized segment, which is largely underserved by the organized players. Offering a comprehensive menu of 800+ tests spanning biochemistry, immunology, and hematology, Microbe partners with standalone labs and hospitals rather than replacing them. Microbe’s network includes 10,500+ standalone labs and hospitals across six states: Madhya Pradesh, Uttar Pradesh, Haryana, Uttarakhand, Jammu & Kashmir, and Rajasthan. It collects pre-drawn samples through its fleet of riders and processes them in fully automated labs. Test reports are delivered through a digital platform with a web-enabled interface

Nilon’s began its journey in 1962, growing from a modest kitchen into one of India’s most trusted processed food brands. Founded by Shri Suresh B. Sanghavi, Nilon’s has transformed from serving homemade pickles to military canteens to becoming a household name with a broad range of products including pickles, spices, sauces, and cooking pastes. With a strong presence in key states like Madhya Pradesh, Bihar, Chhattisgarh, Uttar Pradesh, and Maharashtra.
Nilon’s products can now be found in over 600,000 retail outlets across India. Despite minimal spending on advertisements, the brand has successfully built a strong market presence and is now broadening its reach by venturing into modern trade channels and expanding its footprint in e-commerce. True to its tagline, ‘Isme Pyaar Mila Hai’, every Nilon’s product emphasizes quality and authenticity, from cold-ground spices that capture the freshest flavours to expertly crafted condiments that add magic to every meal.

Our wide range of permanent magnet DC motors, Wound Field DC Motors, Brushless DC motors and electronic controllers have been designed to operate most efficiently and reliably for variety of applications. We continuously improve our produce through sustained endurance and type testing, often jointly with our customers.

KLF, a brand rooted in Kerala’s coconut-rich heritage, has been a trusted name in coconut oil since its founding in 1943. With nearly 80 years of experience, KLF has grown into Kerala’s largest brand for coconut oil and value-added coconut products. KLF products are meticulously crafted using locally sourced coconuts, ensuring purity and authenticity. Today, KLF produces a broad portfolio under its brands, including Coconad and Nirmal, offering everything from cooking and virgin oils to coconut milk, milk powder, and even coconut vinegar, ready-to-cook mixes and soaps. KLF has also expanded globally, sharing its premium products in international markets, while remaining firmly rooted in the rich cultural and agricultural traditions of Kerala.

Astaberry, a leading name in natural skincare, began its journey in 2005 with a vision to provide effective beauty solutions rooted in Ayurvedic wisdom. Today, this brand has carved a niche, especially in India’s hinterlands, where it serves communities with affordable, nature-inspired products that bring the luxury of Ayurvedic care to all. Available in over 100,000 shops across India and present in 13 countries, Astaberry offers a range of products from rejuvenating facial kits and
sunscreen gels to Kumkumadi serums and Bio Hyaluronate ranges, all enriched with carefully sourced herbal ingredients designed to nourish and protect skin deeply. This combination of Ayurvedic authenticity and modern science has allowed Astaberry to become a trusted personal care choice for millions, both locally and globally.

Groovy, launched by Mitkaran Singh Ghai and Rajneesh Sharma, has quickly become a favourite among India’s hinterland consumers with its affordable, high-quality fruit juices. Established in 2020, Groovy made its mark by producing preservative-free juices in popular flavours like mango, guava, pomegranate, lychee, and mint-o-lemon. Groovy juices are crafted to stay fresh without refrigeration, ensuring high-quality refreshment even in areas with limited power or cold chain infrastructure—making great taste accessible everywhere. At an accessible price of just ₹10 for a 150 ml pack, Groovy’s fruit juices have brought quality and freshness to underserved regions across multiple states in India.