Access to working capital remains one of the biggest hurdles for India’s 64 million MSMEs. Despite contributing nearly 30% to the nation’s GDP, a staggering 86% of MSMEs still struggle to secure formal credit. At GetVantage, we believe the solution lies in a fundamental shift—one that prioritizes cash-flow-based financing over traditional asset-backed lending. This vision led us to build GrowthSahay, an AI-powered financing platform designed exclusively for MSMEs.
Launched at Mumbai Tech Week 2025, Asia’s largest AI festival, GrowthSahay is not just a product—it’s a commitment. A commitment backed by ₹500 crore to revolutionize MSME financing. The launch was honored by the presence of Hon’ble Chief Minister Devendra Fadnavis and Hon’ble Union Minister Piyush Goyal, reinforcing the government’s emphasis on fintech innovation to empower small businesses.
Reimagining MSME Credit with OCEN
Built on the Open Credit Enablement Network (OCEN), GrowthSahay is a fully digital, frictionless financing solution that enables MSMEs to access swift, hassle-free, non-dilutive funding—ranging from ₹1 lakh to ₹1 crore—without the need for collateral. By leveraging India’s public digital infrastructure, GrowthSahay ensures faster credit disbursal, greater transparency, and an inclusive financing model that puts the borrower first.
In the past six months, while operating in beta, GrowthSahay has already facilitated ₹100 crore in funding to over 600 MSMEs across India. Businesses that were previously overlooked by traditional lenders are now securing capital in just 72 hours, fueling their growth with minimal friction.
A Transformative Moment for MSME Financing
The impact of GrowthSahay goes beyond numbers—it’s about enabling real businesses and communities to thrive. Jaya Saha, founder of HutsandLooms, an MSME based in Howrah, West Bengal, shared her experience:
“Accessing working capital was our biggest challenge. GetVantage has been a game-changer for our business and our artisans, helping us grow 150% quarter-on-quarter and empowering our community.”
The mission is clear: double credit access for MSMEs within the next 3–5 years. Bhavik Vasa, Founder & CEO of GetVantage, emphasizes this commitment:
“Our role as a founding member of PSLAI underscores our commitment to India’s MSMEs. GrowthSahay is purpose-built to address the critical credit gap for millions of small businesses. With the right mix of product innovation, cash-flow-based financing, and policy support, we believe credit access can double to ₹130 trillion in the next few years.”
Sharad Sharma, Co-Founder of iSPIRT Foundation, echoes this sentiment:
“Significant change, not incremental improvements, is essential in this sector. With platforms like GrowthSahay and the strength of India Stack, MSME credit accessibility is set to transform at scale.”
The Road Ahead
With GrowthSahay, GetVantage is enabling MSMEs to break free from traditional lending constraints, fostering an ecosystem where businesses thrive on the strength of their cash flows, not their collateral. As India moves toward an era of digital-first credit access, we are excited to play a leading role in shaping this future.
This article was originally published on The Economic Times.
