Our Journey

One step must start each journey.

One word must start each prayer.

One hope will raise our spirits.

One touch can show you care.


Anonymous

Dhanvarsha's mission started with an idea. The idea of building social capital, for the ones that dare to dream. In May 2017, an experienced yet young incubation team, under the aegis of Wilson Holdings, came together. They set out to take this idea to execution by acquiring and transforming a suitable company in the NBFC space.

 Milestones 

May 2017

Started as a concept/idea, under the, aegis of Wilson Holdings, to provide access to capital & more to MSMEs

Jun 2017

Wilson Holdings offered to acquire substantial interest in Dhanvarsha Finvest Limited

Jun 2018

RBI approval for the change in management and shareholding.

Jul 2018

Approval for open offer; overhaul of Board and leadership team. Capital infusion of INR 12.5 crore by Wilson Holdings

Sep 2018

Started syndication business to tide over tough liquidity environment-third party business, with fee income, now a key vertical

Nov 2018

Issuance of Warrants to Wilson Holdings against receipt of 25% subscription amount of INR 1.25 crore

Feb 2019

Wilson Holdings categorised as Promoter of Dhanvarsha

Dec 2019

Execution of non-binding term sheet with a Foreign Investor for capital infusion of up to USD 8.5 million, subject to receipt of necessary approvals

Dec 2019

Registered Office of the Company shifted from Ahmedabad, Gujarat to Mumbai, Maharashtra

Jan 2020

First Term Loan of INR 4 crore from Housing Development Finance Corporation Limited, India's largest housing finance company.

Apr 2020

Second Term Loan of INR 25 crore from Bank of India

Allotment of Equity Shares against conversion of Warrants against receipt of the balance 75% subscription amount of INR 3.75 crore

June 2020

Announced signing of definitive agreement for capital infusion of USD 14.5 million from Turning Leaf Asset Management (TLAM) and Wilson Holdings. TLAM to own 21.5% equity in the company.

Today

400+ customers; average ticket size of INR 9.1 lacs; 104 employees