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Hero FinCorp raises Rs 260 crore in a pre-IPO placement round, reducing their fresh issue size. The funding will support future lending activities.

Jun 15, 2025

Amount Raised

₹2.6 Billion

Round Type

Seed

New DelhiFinanceFintech

Investors

Lc Hercules (Cayman)Yugal Chit FundRenu Sehgal TrustLaksh Vaaman SehgalVirender UppalTiger Laser PteParamount ProductsVivek Chaand SehgalAp PropertiesMohan ExportsRvg Jatropha PlantationShahi ExportsOtter LtdLink Investment TrustApis Growth Ii (Hibiscus) Pte. LtdAhvf Ii Holdings Singapore Ii Pte. Ltd

Description

Hero FinCorp has raised Rs 260 crore in a pre-IPO round, leading to a decrease in their fresh issue size. The total IPO size has adjusted to Rs 3,408 crore. The funds will be used to bolster the company's capital for future lending needs. This funding involves multiple investors who participated in the round.

Quick answer

Hero FinCorp raised ₹2.6 Billion in a Seed round, dated June 15, 2025. Investors: Lc Hercules (Cayman), Yugal Chit Fund, Renu Sehgal Trust, Laksh Vaaman Sehgal, Virender Uppal, Tiger Laser Pte, Paramount Products and Vivek Chaand Sehgal. Hero FinCorp is based in New Delhi, Delhi, India.

How much did Hero FinCorp raise?
Hero FinCorp raised ₹2.6 Billion in a Seed round on June 15, 2025.
Who invested in Hero FinCorp?
Lc Hercules (Cayman), Yugal Chit Fund, Renu Sehgal Trust, Laksh Vaaman Sehgal, Virender Uppal, Tiger Laser Pte, Paramount Products and Vivek Chaand Sehgal are named as investors in this round.
What does Hero FinCorp do?
Hero FinCorp is an NBFC offering a diversified suite of financial products catered primarily to the retail, micro, small and medium enterprise (MSME) customer segments in India.
Where is Hero FinCorp based and how big is it?
Hero FinCorp is based in New Delhi, Delhi, India. Fundz records about 1,829 employees.
Who are the decision-makers at Hero FinCorp?
Fundz holds 1 contact at Hero FinCorp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

Companies in the same sectors as Hero FinCorp that raised within 45 days of this round, from Fundz verified event records.

  • RAMP raised $500M (Series E) on July 30, 2025.
  • Due raised $7.3M (Seed) on July 30, 2025.
  • RD Technologies raised $40M (Series A) on July 30, 2025.
  • ClarityPay raised an undisclosed amount on July 30, 2025.
  • Quartr raised $10M (Funding Round) on July 29, 2025.
  • Navi raised $20M (Debt Financing) on July 28, 2025.

Who to call at Hero FinCorp, and when

A new round usually means Hero FinCorp is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Hero FinCorp raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Hero FinCorp, from your own LinkedIn network

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Company Information

Company

Hero FinCorp

Location

New Delhi, Delhi, India

About

Hero FinCorp is an NBFC offering a diversified suite of financial products catered primarily to the retail, micro, small and medium enterprise (MSME) customer segments in India. Since its inception in 1991, the company has grown its customer base to 1.18 crore as of March 2024. As of that date, Hero FinCorp had assets under management (AUM) of Rs 51,821 crore.

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Hero FinCorp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.