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Purple Finance, an RBI-registered non-deposit-taking NBFC focused on MSME lending, has shared a press release highlighting strong FY25 growth. Its loan portfolio tripled and assets under management crossed ₹155 crore, supported by 40+ branches across 6 states and over 2,500 MSME borrowers, mostly in tier III and IV towns. The company uses a hybrid model combining digital origination with a local feet-on-street network, focused on small-ticket secured business loans and micro-entrepreneur credit. Management has reiterated the long-term aspiration to become a Small Finance Bank and is exploring inorganic growth opportunities in Gujarat and Rajasthan. Founder and Executive Chairman Amitabh Chaturvedi emphasized the credit gap in non-urban India as a core mission.
The triple-fold growth in loan portfolio and AUM crossing ₹155 crore signal strong business momentum, while the ₹500 Cr AUM target by FY27 and Small Finance Bank aspiration could act as positive catalysts. Inorganic expansion plans in Gujarat and Rajasthan, if executed, could accelerate growth but also carry execution and integration risks for shareholders.