Know Us

Aap ki kaabliyat, hamara bharosa

“Your ability, our trust”


Dhanvarsha’s mission started with an idea – an idea to ‘build social capital’ by aiming to provide credit solutions to India's large underserved and underbanked MSME segment. Promoted under the aegis of the 80 year old Wilson Group of Mumbai, the company aims to provide timely, affordable and sustainable access to credit to the country's almost 500 million under-served borrowers, either through its own balance sheet or via significant distribution tie-ups coupled with its robust technology engine.

The company prides itself on highest standards of corporate governance and transparency with an eminent and completely Independent Board that comprises of veterans from banking, fintech, taxation, regulation, and global businesses. Management has been carefully recruited from renowned institutions like Bank of America, Capital First, HDFC Bank, IDFC, Oberoi Realty, PWC, SKS Microfinance, Union Bank of India and more.

DFL Technologies

DFL Technologies Pvt. Ltd. is a wholly owned subsidiary of TruCap Finance Limited (formerly Known as Dhanvarsha Finvest Ltd.) DFL Technologies is involved in the development, testing and deployment of various technology related solutions including, but not limited to, digital lending platforms. The company also provides advisory services related to the assessment of various IT/ITes platforms and infrastructure and on the corporate side for fundraising, and other corporate finance & business development activities.

Net Worth** INR 2.31 Billion
Loan book size INR 7.8 Billion
Avg ticket size of loans INR 0.09 Million
No. of Active borrowers 80,552
No. of Women borrowers 20,521
Lending products we have today 2
Gross NPA ratio** 1.12%
Net NPA ratio** 0.68%
Debt to Equity** 2.01x
Branch Network 122
Total Employees 740
Women Employees 177
Independent Directors on Board 5
Lenders 38

* As per recently released RBI Scaled Based Regulation (SBR) for NBFC’s, institutions in the base layer are expected to comply with 90+day NPA recognition norms in a phased manner until March 2026.

* TruCap Finance Limited Board and Management have taken a conservative call to comply with 90+ day NPA recognition norms from September 2021.

History of the Group

The history of Dhanvarsha’s parent, Wilson Group traces back up to pre-Independence India under the leadership of Shri Dwarkadas Jivanlal Sanghvi who pioneered the Wilson pens & stationery brand; the brand that was used by Dr. Babasaheb Ambedkar to write the Constitution of India!

Today, the Wilson Group is a diversified conglomerate headquartered in Mumbai, India with interests and investments spread across education, philanthropy, retail MSME lending, institutional broking and advisory services and sustainable water infrastructure projects.

A colourful Wilson box used to display and sell ten pens at a time, seen here with one on top

Dwarkadas Jivanlal Sanghvi (Standing right in a black coat) with his brother Vallabhdas Jivanlal Sanghvi and business partners, at a Pen Exhibition in Bombay. Circa1951