MSME Lender BNF Raises Rs 215 Cr Led by Beams Fintech

3 Sept 2026, 12:01 pm · 9d ago · 1 min read · YourStory

Amount

₹215 Cr

Lead

Beams Fintech Fund

MSME-focused non-banking financial company Business Nextgen Finance Private Limited (BNF) has raised Rs 215 crore in an equity funding round. The round was led by Beams Fintech Fund I and its affiliates, alongside Baring Private Equity India Fund 6, Saison Capital, and UNLEASH 1st Investment Partnership. Following the RBI-approved transaction, Beams and its affiliates will hold over 26% equity in BNF. Founded by veteran risk executive Pankaj Poddar, BNF provides secured small-business loans outside India's top financial hubs. The capital will support geographic expansion, scaling loan books, and strengthening core lending technology.