NBFC

Elara Finance (India) Private Ltd.

About Us

Elara Finance (India) Private Limited (“EFPL”) was duly incorporated as on the 13th day of February 2011. The Company is registered under Section 45-IA of the Reserve Bank of India Act, 1934, as a Non-Banking Financial Company – Non-Deposit – Non-Systemically Important (NBFC – ND – NSI) under registration number N-13.02281, dated 26th October 2018. Pursuant to the Scale-Based Regulation (SBR) Directions, 2023 the Company is now categorised as a Base Layer Non-Banking Financial Company.

Targeted Lending

Elara Finance provides loans, targeting untapped markets with customized products and superior services.
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Rakesh Puri - Non-Executive Director

Rakesh has over 20 years of post-qualification progressive experience in Senior Positions in listed and multinational companies in the securities market, finance, operations, compliance and legal, corporate secretarial, takeovers, and managing IPOs and Institutional placements. Prior to joining Elara as Director, he worked with CLSA Group. Rakesh has been involved with transaction management of IPOs/Rights/QIP/PE/Open offers and has worked on numerous cross-border transactions. He has been responsible for setting up Elara in India and also for starting new offices in Singapore, Mauritius, and New York. He is a commerce graduate, holds a post-graduate degree in Law (Professional), is a fellow member of ICSI, and is also a qualified CPA from USA . Currently, Rakesh is practicing as a Corporate Lawyer, registered with Bar Council of Maharashtra and Goa. He deals with Corporate Laws and Securities Laws including the Companies Act, FDI, M&A, FEMA, SEBI Laws, RBI, NBFC, Arbitration, Contract, etc. and regularly appears before RBI, SEBI, Stock Exchanges, SAT, NCLT, NCLAT, High Court, etc.