FinReach Solutions, India’s pioneering private-sector credit guarantee facilitation services provider, has raised ₹21.9 Cr in fresh funding. The round was led by Colossa Ventures and existing impact investors Michael & Susan Dell Foundation, Omidyar Network Fund Inc and Caspian SME Impact Fund IV.

This latest capital infusion builds on FinReach’s ₹32.5 crore previously raised from its existing investors.

FinReach facilitates India’s first privately led Credit Guarantee Program, designed to unlock lending for micro, small, women-led, agri and climate-focused enterprises. By connecting eligible guarantors with lenders, FinReach reduces credit risk for lenders—making it easier for viable small businesses to access affordable finance and grow. The company leverages its proprietary, technology-driven analytics platform to assess risk and enable credit access for MSMEs at scale, while optimizing for higher capital efficiency.

The newly raised capital will be used to scale operations and strengthen FinReach’s risk and technology platform, deepening its ability to assess and facilitate guarantees at speed and scale.

“Access to credit is a fundamental driver of economic empowerment,” said Suvalaxmi Chakraborty, Founder and Managing Director of FinReach. “Micro and small enterprises are the heartbeat of India’s local economies. Our mission is to bridge the gap between lenders and unserved & underserved entrepreneurs. This fundraise will help us expand our guarantee facilitation business and enhance our risk & tech stack to make lending more inclusive and efficient.”

Chakraborty brings over 35 years of leadership experience in banking and financial services, including senior roles at ICICI Bank, Barclays Bank, and as CEO of State Bank of Mauritius (India). Her deep industry expertise continues to guide FinReach’s strategy and impact.

Ashu Suyash, Founder & CEO, Colossa Ventures added, “At Colossa Ventures, we back businesses addressing India’s most critical gaps with scalable, purpose-led innovation. FinReach embodies this mission through its credit analytics and technology-driven credit guarantee platform that expands formal credit access for underserved MSMEs. By de-risking lenders and enabling viable entrepreneurs to secure timely, affordable capital, FinReach is catalysing meaningful economic inclusion. Our investment reflects our conviction in their approach of building the next-generation infrastructure of trust for small business lending in India.”

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FinReach has forged strategic partnerships with prominent development finance institutions, such as British International Investment - the UK’s development finance institution & impact investor, as well as global foundations like the Michael & Susan Dell Foundation, reflecting strong partner confidence in its mission. Together, these collaborations are paving the way for broader financial inclusion and women’s entrepreneurship across India.

Founded in December 2020, FinReach focuses on Tier-3 to Tier-5 regions—helping micro-entrepreneurs, women-led businesses, and smallholder farmers overcome the lack of collateral that often blocks access to formal credit. So far, FinReach’s programs have positively impacted more than 14,150 individuals, including over 2,050 women borrowers.

By mitigating credit risk and building confidence among lenders, FinReach is not only driving financial inclusion but also fueling entrepreneurship, job creation, and sustainable economic growth across India.