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Finova Capital
3.8
based on 328 Reviews
Company Overview
Company Locations
Working at Finova Capital
Company Summary
Overall Rating
3.8/5
based on 328 reviews
5% above
industry average
Highly rated for
Salary & Benefits, Company Culture
Work Policy
Work from office
86% employees reported
Monday to Saturday
88% employees reported
Strict timing
55% employees reported
Within city
51% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
15 employees reported
Health insurance
10 employees reported
Child care facility
6 employees reported
Office cab/shuttle
5 employees reported
View all benefits
About Finova Capital
Founded in2015 (9 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersJaipur,Rajasthan, India
Office Locations
--
Websitefinova.in
Primary Industry
Other Industries
--
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Finova Capital is founded by Mr Mohit Sahney in 2015. It is NBFC licensed by Reserve bank of India. Idea of Finova Capital originated with a belief that if supported well then micro & small medium enterprises can play a pivotal role in growing Indian economy.
We at Finova believe that by supporting and creating enabling opportunities for micro & small business, lives can be enriched & communities can be transformed. The company’s aim is to reach out to financially excluded Unorganized, Unreached MSME sector. The objective is to make finance available at a reasonable cost & deliver in a transparent manner. Finova stands for financial innovation. The company is headquartered in Jaipur & provides loan to both urban poor & rural poor to meet their productive requirements in starting new usiness or for growing an existing business. Finova is a young, growing company with a big vision: to transform credit delivery to unorganized, unreached & unserved segments.
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Finova Capital Ratings
based on 328 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
185
4
43
3
33
2
11
1
56
Category Ratings
3.8
Salary & Benefits
3.8
Company Culture
3.7
Skill Development
3.7
Promotions/Appraisal
3.7
Work Satisfaction
3.7
Work-Life Balance
3.6
Job Security
Finova Capital is rated 3.8 out of 5 stars on AmbitionBox, based on 328 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Finova Capital
based on 314 reviews
3.9
Rated by 10 Women
Rated 3.5 for Job Security and 3.5 for Career Growth
3.9
Rated by 304 Men
Rated 3.8 for Salary & Benefits and 3.8 for Company Culture
Work Policy at Finova Capital
based on 70 reviews in last 6 months
Work from office
86%
Hybrid
13%
Permanent work from home
1%
Finova Capital Reviews
Top mentions in Finova Capital Reviews
+ 5 more
Compare Finova Capital with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 328 reviews | 3.9/5 based on 1.7k reviews | 4.1/5 based on 6.8k reviews | 3.6/5 based on 4.8k reviews |
Highly Rated for | Salary & Benefits Company culture | Skill development | Job Security Work-Life balance Skill development | No highly rated category |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | Promotion/Appraisals Work Satisfaction Salary & Benefits |
Primary Work Policy | Work from office 86% employees reported | Work from office 91% employees reported | Work from office 88% employees reported | Work from office 92% employees reported |
Rating by Women Employees | 3.9 Good rated by 10 women | 3.9 Good rated by 73 women | 4.1 Good rated by 632 women | 3.7 Good rated by 873 women |
Rating by Men Employees | 3.9 Good rated by 304 men | 3.9 Good rated by 1.5k men | 4.1 Good rated by 5.7k men | 3.6 Good rated by 3.6k men |
Job Security | 3.6 Good | 3.7 Good | 4.1 Good | 3.7 Good |
View more
Finova Capital Salaries
3.8
rated by 328 employees for salariesBranch Manager
(158 salaries)
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₹1.9 L/yr - ₹6 L/yr
Branch Credit Manager
(106 salaries)
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₹2.5 L/yr - ₹5 L/yr
Relationship Officer
(66 salaries)
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₹1.5 L/yr - ₹3 L/yr
Relationship Manager
(45 salaries)
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₹1.8 L/yr - ₹4 L/yr
Credit Manager
(36 salaries)
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₹2 L/yr - ₹5.5 L/yr
Cluster Manager
(26 salaries)
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₹4 L/yr - ₹10 L/yr
Assistant Branch Manager
(22 salaries)
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₹1.9 L/yr - ₹4.5 L/yr
Cluster Credit Manager
(21 salaries)
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₹4.2 L/yr - ₹8 L/yr
Regional Credit Manager
(16 salaries)
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₹12 L/yr - ₹21 L/yr
Area Credit Manager
(16 salaries)
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₹6 L/yr - ₹11 L/yr
Finova Capital Interview Questions
Interview questions by designation
Top Finova Capital interview questions and answers
Interview Process at Finova Capital
based on 8 interviews in last 1 year
Interview Experience
3.6
Good
Difficulty level
Easy
33%
Moderate
50%
Hard
17%
People are getting interviews through
based on 13 Finova Capital interviews
Referral
31%
Job Portal
23%
Walkin
15%
*31% candidates got the interview through other sources
High confidence
Finova Capital Jobs
Finova Capital News
View all
Indian startups raised over $362 million from Oct 26 to Nov 02, 2024, Finova Capital tops the list
- Between October 26 and November 02, 2024, 14 Indian startups raised $362.94 million in funding.
- Finova Capital topped the list with $135 million in funding, followed by TripFactory raising $50 million.
- Other notable fundings include Vridhi Home Finance ($36.84 million), Udaan ($35.6 million), and Zinc ($25.5 million).
- In addition, there were acquisitions, with Datawrkz acquiring UK-based Space & Time.
ISN | 4 Nov, 2024
Top Funding Wrap of the Week – October 28 – November 01, 2024
- NBFC Finova Capital raised $135 Mn in a Series E funding round led by Avataar Venture Partners, Sofina, Madison India Capital, and Norwest Venture Partners.
- Vridhi Home Finance secured INR 310 Cr ($36.9 Mn) in a Series B funding round led by Norwest Venture Partners.
- Zinc raised $25.5 million in a seed funding round led by Quona Capital, EDBI, Global Ventures, Saison Capital, and Nexus Venture Partners.
- Country Delight received INR 200 crore in venture debt from Alteria Capital.
- Arya.ag received a commitment of $19.8 million (INR 166.4 crore) from the United States International Development Finance Corporation (DFC).
- Auquan raised an additional $4.5 million in seed funding, bringing their total seed funding to $8 million.
- PopVax's research to develop lipid-polymer delivery formulations for thermostable mRNA vaccines was funded by the Bill & Melinda Gates Foundation.
- COOX, a home-service startup, raised a seed round of $125,000 led by Inflection Point Ventures.
VIE Stories | 2 Nov, 2024
ETtech Deals Digest: Startups raise $1.15 billion in October, up 59% on year
- Startups raised a total funding of about $1.15 billion in October, marking a 59.2% increase from the same period last year.
- Startups secured funding through 86 rounds, primarily in the early and late stages.
- Top deals in October included Purplle raising an additional Rs 500 crore, Eruditus raising $150 million, Finova Capital raising $135 million, and Upgrad raising $60 million.
- Purplle's funding round was led by Abu Dhabi Investment Authority, while Eruditus' funding was led by TPG Rise and Finova Capital's funding was led by Avataar Venture Partners.
Economic Times | 30 Oct, 2024
ETtech Deals Digest: Startups raise $1.15 billion in October, up 59% on year
- Startups raised a total funding of about $1.15 billion in October, a 59.2% increase from last year.
- 86 funding rounds took place in October, primarily in the early and late stages.
- Top deals included Purplle raising an additional Rs 500 crore, Eruditus raising $150 million, and Finova Capital securing $135 million.
- Upgrad raised an additional $60 million from Singapore sovereign wealth fund Temasek.
Economic Times | 30 Oct, 2024
Finova Capital raises $135 million in Series E round led by Avataar Venture Partners, Sofina, others
- Finova Capital raised $135 million in a Series E round led by Avataar Venture Partners, Sofina, and other investors.
- The funding will be used to grow Finova's loan book, invest in technology, expand geographically, and promote financial inclusion at scale.
- Finova Capital targets micro entrepreneurs and semi-skilled professionals who have limited access to formal financing institutions.
- Founded in 2015, Finova Capital has a presence in 16 states, 400+ branches, and has served over 100,000 customers.
HinduBusinessLine | 30 Oct, 2024
NBFC Finova Capital Secures $135 Mn in Series E Funding
- NBFC Finova Capital has secured $135 Mn in Series E funding from Avataar Venture Partners, Sofina, Madison India Capital, and Norwest Venture Partners.
- The funding will be used to increase Finova Capital's loan portfolio, make technological investments, and expand its reach.
- Finova Capital claims to have Rs 3,000 Cr in assets under management with a 5-year CAGR of above 60%.
- Founded in 2015, Finova Capital aims at transforming credit delivery to unorganized, unreached, and unserved segments.
VIE Stories | 30 Oct, 2024
Finova Capital raises $135 million in series E funding led by Avataar Venture Partners, others
- Jaipur-based Finova Capital raises $135 million in a Series E funding round.
- The round was led by Avataar Venture Partners, Sofina, and Madison India Capital.
- Finova plans to use the funds to grow its loan book, expand geographically, and enhance its technology infrastructure.
- Despite catering to the high-risk MSME sector, Finova has maintained high asset quality and reported strong financial performance.
ISN | 29 Oct, 2024
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