# MAS Financial Services

> MAS Financial Services is a VC fund backing Financial Services and FinTech. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Ahmedabad, India
- Total investments: 9
- Last investment: Aug 2025
- Lead investor: 22%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mas-financial-services-ltd-
- Website: http://www.mas.co.in

MAS Financial Services is a VC fund in Ahmedabad focused on Financial Services and FinTech. Having incepted back in 1995, when times were quite different, MAS delivered financing solutions to those who needed it the most. The company is registered as non-banking financial company with the Reserve Bank of India.

## Contacts

5 contacts available for MAS Financial Services. Shizune tracks 4 team members at MAS Financial Services. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/mas-financial-services-ltd?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 9 | 100% |
| FinTech | 8 | 89% |
| Finance | 3 | 33% |
| Banking | 2 | 22% |
| Lending | 2 | 22% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 8 | 89% |
| Funding Round | 1 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Darshana Pandya | Director & Chief Operating Officer | 0 | https://shizune.co/investors/profile/darshana-pandya |
| Kamlesh Gandhi | Founder, Chairman & Managing Director | 0 | https://shizune.co/investors/profile/kamlesh-gandhi |
| Kamlesh Gandhi | Chairman & Managing Director | 0 | https://shizune.co/investors/profile/kamlesh-gandhi-e4bb |
| Mukesh Gandhi | Co-Founder & Chief Financial Officer | 0 | https://shizune.co/investors/profile/mukesh-gandhi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Fibe | Fibe is one of India’s leading consumer lending apps focused for every credit need of the young, aspirational and tech-savvy Indian. | $25.6M | Debt Financing | Aug 05, 2025 |  |
| InCred | InCred is a financial services platform that leverages technology and data-science to make lending quick and easy. It uses technology and data-science to make lending quick, simple and hassle-free. InCred offers a broad portfolio of products that cuts across affordable home loans, personal loans, education loans and SME business loans. | $29.7M | Debt Financing | Mar 13, 2025 |  |
| Aye Finance | Aye Finance is a finance company that provides business loans to micro and small businesses in Northern India.The company's mission is to provide innovative and customer-centered financial services to micro and small business through effective technology and robust processes. It works with a relevant technology to facilitate better financialinclusion and to consequently serve micro-enterprises.Aye Finance was founded in 2014 and is headquartered in Gurgaon, Haryana, India. | $12.8M | Debt Financing | Jan 02, 2025 |  |
| Auxilo | Auxilo Finserve is a pro-education NBFC poised on serving the financing gaps in the Indian education sector, with its focus on students and scaling the education infrastructure through innovative financial solution delivery. At Auxilo, they effectively use technology to cater to the dynamic and challenging needs of the educational ecosystem andenable freedom of financial access throughout the nation by building inclusive financial algorithms and models that support the development of education. They aim to serve aspiring students across segments, be it Graduate or Post Graduate courses in India or abroad in countries like US, UK, Canada, New Zealand, Germany, Australia and any upcoming student-attractive countries. | $11.9M | Debt Financing | Jul 23, 2024 |  |
| Bike Bazaar | Bike Bazaar is a two-wheeler life cycle company where you can buy, sell, exchange any two-wheeler or avail finance for your vehicle. The company provides a range of affordable solutions and hassle-free experience along the two wheeler lifecycle, which include financing to purchase new and pre owned two wheelers, access to green bikes, insurance,and a transparent marketplace for buying and selling of preowned two wheelers.Bike Bazaar was founded in 2017 and is located in Pune, Maharashtra, India. | $3M | Debt Financing | Jul 02, 2024 |  |
| Jai Kisan | Jai Kisan is a fintech platform that provides sustainable financing for rural emerging markets. They help farmers understand their financial status through a next-generation/hyper-localized agriculture credit score digitizing their finances and farm capabilities for financial institutions. |  | Debt Financing | Jul 28, 2022 |  |
| Eduvanz | Eduvanz is a fintech Non-banking Finance Company for students seeking financial assistance.Its platform collaborates with various educational institutes to offer unsecured loan products that can be availed through a quick and easy online process that pr pupils and academic aspirants with transparent and secure financial assistance to makeeducation universally accessible. | $6.5M | Debt Financing | Apr 27, 2022 |  |
| BharatPe | BharatPe is an Indian fintech company that primarily focuses on providing financial services to small and medium-sized merchants. It facilitates digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices. Additionally, BharatPe offers various services such as business loans and other financial products to empowermerchants in managing their finances. | $13.3M | Debt Financing | Oct 25, 2021 |  |
| LoanTap | Loantap is an online platform committed to deliver flexible loan products to salaried professionals. We innovate in an otherwise dull loan segment, to deliver smart products for millennials. The idea is to use technology for building flexibility in products, without adding cost to it. | $4M |  | Jun 22, 2017 |  |

9 of 9 investments shown.

## Co-investors
- [Yubi](https://shizune.co/investors/profile/credavenue) — VC Fund, 3 deals together
- [Northern Arc](https://shizune.co/investors/profile/ifmr-capital) — VC Fund, 3 deals together
- [InCred Capital](https://shizune.co/investors/profile/incred-capital) — VC Fund, 2 deals together
- [AK Capital Finance](https://shizune.co/investors/profile/ak-capital-finance) — VC Fund, 1 deal together
- [Alteria Capital](https://shizune.co/investors/profile/alteria-capital) — VC Fund, 1 deal together
- [Ask Financial Holdings](https://shizune.co/investors/profile/ask-financial-holdings) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

## FAQ

### What does MAS Financial Services invest in?

MAS Financial Services invests primarily in Financial Services, FinTech and Finance startups, most often at Debt Financing and Funding Round stage. Most of the 9 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact MAS Financial Services?

Public channels for MAS Financial Services include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at MAS Financial Services?

The team at MAS Financial Services includes Darshana Pandya (Director & Chief Operating Officer), Kamlesh Gandhi (Founder, Chairman & Managing Director) and Kamlesh Gandhi (Chairman & Managing Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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