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Ratnaafin Group
Ratnaafin Group is a asset manager based in Ahmedabad, founded 2018; the Altss profile covers its classification, headquarters, registration, AUM band, and key...
Ratnaafin Group
Unlock the capital your business needs with SME financing solutions, from Working Capital Loans to Machinery Loans.
General information
Firm type
Generalist
Year founded
2018
Location
Region
Asia
Country
India
City
Ahmedabad
Corporate office
A&B Wing, 9th Floor, Vastrapur, Ahmedabad, Gujarat, India
Principals
Nilesh Prakash Sanghvi
Chairman and Managing Director
Malav Desai
Joint Managing Director and CEO
Nishad Shah
Co-Founder and Director
Sector focus
Frequently asked questions
Who runs investment decisions at Ratnaafin Group?
Nilesh Prakash Sanghvi, the group's founder, serves as Chairman and Managing Director, setting strategic direction. Day-to-day investment execution is led by Joint Managing Director and CEO Malav Desai. Co-Founder Nishad Shah also holds a director-level role in the firm.
How does Ratnaafin Group source its deals?
Ratnaafin operates through a hybrid model that combines direct MSME loan origination with equity investments. Its balance-sheet lending activity — primarily working capital and machinery loans — generates proprietary visibility into small-business credit needs. The firm also co-invests alongside venture platforms like ah! Ventures, as it did with fintech company LoanAdda.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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