Western Capital Advisors Private Limited
Returns & Yield
Risk Profile
Issuer Details
WCAPL, based in Mumbai, was founded in 2019 with a vision to support the financial services ecosystem by providing growth capital to emerging players including NBFCs, fintechs, MFIs, and SMEs. In FY21, the company diversified into supply chain financing and Business Correspondent (BC) retail lending partnerships. In FY24, it pivoted toward secured MSME retail lending through its proprietary branch-led model, "Prabhaav Loans," scaling back supply chain financing amid shifting macroeconomic conditions. This shift also aligned with RBI's Digital Lending Guidelines, moving the company away from high-risk, high-FLDG models toward lower-risk, MSME-focused lending under retail partnerships.