Svatantra Microfin acquires Svatantra
Svatantra Microfin Pvt Ltd announced on Monday the successful completion of its merger with Chaitanya India Fin Credit Pvt Ltd (CIFCPL) and Svatantra Holding Pvt Ltd.
Company lists
Microcredit lenders, NBFC lenders, microfinance banks, SME & consumer loans, digital lending and more: the companies building microfinance in India, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 268 microfinance companies in India, last 24 months: 11 funding rounds · 9 M&A deals · 2 Contracts · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.
Svatantra Microfin Pvt Ltd announced on Monday the successful completion of its merger with Chaitanya India Fin Credit Pvt Ltd (CIFCPL) and Svatantra Holding Pvt Ltd.
Svatantra Microfin has completed the amalgamation of Chaitanya India Fin Credit and Svatantra Holding, following approvals from the National Company Law Tribunal (NCLT) and other…
In 2023, Svasti raised an additional ₹40 crore from Abler Nordic and seven high-net-worth individuals.
Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option.
Highly placed sources say Axis Bank has a made a bid to acquire the promoter's stake of CreditAccess Grameen, namely CreditAccess India BV which holds a 66.28 percent stake in the…
Axis Bank is evaluating the acquisition of the promoter stake in microfinance lender CreditAccess Grameen and may place a bid
Spandana Sphoorty Financial: The company board is evaluating the prospects of merging its subsidiary, Criss Financial, into the company. After due consideration, the Board has granted…
Spandana Sphoorty: Company is evaluating prospects of merger of arm Criss Financial into company
Muthoot Microfin plans to raise around $200 million through external commercial borrowings (ECB), with the transaction likely to be executed in March or April, as the lender looks to…
Arohan Financial Services Limited… has unveiled its first Sustainability Report
The Reserve Bank of India has rejected a proposal of Dia Vikas Capital to acquire more than 5 per cent stake in ESAF Small Finance Bank (ESAF SFB).
Microfinance company Spandana Sphoorty Financial raised Rs 250 crore by selling bonds to institutional investors, the company said Friday.
Dhruva Capital Services, an NBFC engaged in the business of investment and financing has announced strategic merger with Vector Finance Private Limited marking its foray into…
Non-banking financial company CreditAccess Grameen on Wednesday announced raising Rs 100 crore by issuing bonds on a private placement basis.
Shares of CreditAccess Grameen climbed as much as 4.5% on Tuesday to Rs 1249.95 on the BSE after the company raised $100 million through external commercial borrowing from a group of…
Kyndryl, a leading provider of mission-critical enterprise technology services, has been selected by ESAF Small Finance Bank, a new age bank with over nine million customers and 787…
Satin Creditcare Network (SCNL) has successfully raised its first syndicated social term loan of USD 100 million via External Commercial Borrowing (ECB) under the automatic route of the…
Capital Trust (CT; New York) reported that it has acquired a senior living and healthcare-related real estate lending platform.
Annapurna Finance Private Limited (AFPL), a leading Micro & SME Finance institution in India, has raised $109.5 million through a multilateral syndicated social loan facility under the…
Browse microfinance companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 98 microfinance companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Financial services company primarily focused on serving the urban poor through microfinance and banking services
Microfinance₹6,463.91 cr in FY23-24 · net ₹1,281.49 cr · +956% since FY2015
Filed standalone accounts · Ujjivan Financial Services LimitedUS$238.31m across 10 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microcredit services
Microfinance₹5,756.14 cr in FY24-25 · net ₹531.38 cr · +238% since FY2020
Filed consolidated accounts · Creditaccess Grameen LimitedUS$28.50m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial services to unbanked populations and small finance
Microfinance₹4,155.62 cr in FY24-25 · +651% since FY2018
Filed consolidated accounts · Utkarsh Coreinvest LimitedUS$93.53m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microfinance banks
Banks₹4,329.31 cr in FY24-25 · net −₹521.39 cr · +520% since FY2018
Filed standalone accounts · Esaf Small Finance Bank LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microcredit services
Microfinance₹3,206.75 cr in FY24-25 · net ₹418.84 cr · +44% since FY2024
Filed consolidated accounts · Svatantra Microfin Limited
Building. Creating. Solving. Learning.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microcredit services for women empowerment
Microfinance₹1,019.93 cr in FY21-22 · net −₹962.18 cr · +7606% since FY2015
Filed standalone accounts · Iifl Samasta Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

NBFC offering micro loans to businesses
Microfinance₹2,601.91 cr in FY24-25 · net ₹186.13 cr · +152% since FY2018
Filed consolidated accounts · Satin Creditcare Network LimitedUS$40.00m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microfinance and consumer durable loans to rural households
Microfinance₹2,533.95 cr in FY23-24 · net ₹500.72 cr · +307% since FY2018
Filed consolidated accounts · Spandana Sphoorty Financial LimitedUS$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microfinance financial support and loans to low-income earning women entrepreneurs
Microfinance₹2,285.49 cr in FY23-24 · net ₹449.58 cr · +837% since FY2017
Filed standalone accounts · Muthoot Microfin LimitedUS$138.19m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microfinance services for economic empowerment
Microfinance₹2,183.26 cr in FY24-25 · net ₹69.24 cr · +540% since FY2018
Filed standalone accounts · Annapurna Finance Private LimitedUS$248.37m across 14 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microfinance operations
Microfinance₹1,286.91 cr in FY23-24 · net ₹123.33 cr · +220% since FY2022
Filed consolidated accounts · Satya Microcapital LimitedUS$115.76m across 10 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Auto loans provider
Consumer and sme loans₹661.53 cr in FY23-24 · net ₹173.57 cr · +1526% since FY2016
Filed consolidated accounts · Arman Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Micro Loans in Punjab
Microfinance₹636.45 cr in FY24-25 · net ₹26.67 cr · +1021% since FY2018
Filed standalone accounts · Midland Microfin LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of micro finance services
MicrofinanceEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microfinance services to low-income households
Microfinance₹505.20 cr in FY24-25 · net ₹6.37 cr · +1154% since FY2018
Filed standalone accounts · Pahal Financial Services Private LimitedUS$43.88m across 12 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microloans for empowering small households
Microfinance₹494.93 cr in FY24-25 · +2027% since FY2018
Filed standalone accounts · Light Microfinance Private LimitedUS$34.60m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial services focused on livelihood advancement for underserved communities
Alternative lending₹394.58 cr in FY24-25 · net −₹121.22 cr · +773% since FY2022
Filed consolidated accounts · Avanti Finance Private LimitedUS$79.74m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

NBFC-MFI offering microfinance products directly and through business correspondents
Microfinance₹247.48 cr in FY21-22 · +100% since FY2015
Filed standalone accounts · Nabfins LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microfinance solutions
Microfinance₹256.82 cr in FY22-23 · +1770% since FY2016
Filed standalone accounts · Digamber Capfin LtdUS$1.75m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

NBFC-MFI offering individual and group loan products
Microfinance₹265.55 cr in FY24-25 · net ₹30.78 cr · +213% since FY2018
Filed standalone accounts · Vedika Credit Capital LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microfinance Institution catering to the urban poor
Microfinance₹256.12 cr in FY24-25 · net −₹21.48 cr · +564% since FY2018
Filed standalone accounts · Svasti Microfinance Private LimitedUS$34.23m across 10 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of personal and SME loans
Microfinance₹1.42 lakh in FY24-25 · net −₹2.24 cr · -37% since FY2018
Filed standalone accounts · Ambit Operations & Management Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of micro-credit solutions for low-income individuals and businesses
Microfinance₹256.91 cr in FY24-25 · net −₹35.44 cr · +7430% since FY2019
Filed standalone accounts · Sindhuja Microcredit Private LimitedUS$40.72m across 8 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Micro Loans in UP, MP and Rajasthan
Microfinance₹201.97 cr in FY24-25 · net −₹138.89 cr · +51% since FY2018
Filed standalone accounts · S V Creditline LimitedUS$19.75m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of micro financial services
Microfinance₹194.01 cr in FY24-25 · net ₹16.05 cr · +67% since FY2018
Filed standalone accounts · Vfs Capital LimitedUS$9.24m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Micro credit for poor women
Microfinancein FY21-22 · net · since FY2015
Filed standalone accounts · Repco Micro Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial services
Microfinancein FY24-25 · net · since FY2017
Filed standalone accounts · Aavishkaar Venture Management Services Private LimitedUS$57.22m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial support systems
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Yogakshemam Loans LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Non-banking finance company specializing in providing microfinance services
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Navachetana Enterprises Haveri Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Micro loans in West Bengal
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Uttrayan Financial Services Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microfinance Institution that focuses on financial‑inclusion lending to low‑income households in India
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Bwda Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

NBFC offering vehicle loans and other lending products
Consumer and sme loansin FY24-25 · net · since FY2018
Filed standalone accounts · Best Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Micro Loans in West Bengal
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Jagaran Microfin Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial, business, and institutional development services
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Bhartiya Samruddhi Investments And Consulting Services LimitedUS$36.50m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of technology-driven microinsurance solutions
Microfinancein FY24-25 · net · since FY2022
Filed standalone accounts · Micronsure Consultancy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of micro credit loans
Foundationsin FY24-25 · net · since FY2018
Filed standalone accounts · Idf Financial Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of income-generating loans to low-income clients
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Hindusthan Microfinance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of individual & group loans
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Magalir Micro Capital Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microcredit for low income individuals and businesses
Microfinancein FY23-24 · net · since FY2017
Filed standalone accounts · Arth Micro Finance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

NBFC-MFI offering group loans in Maharashtra
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Unnatti Finserv Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microfinance services
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Mitrata Inclusive Financial Services Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of financial products supporting entrepreneurs, artisans, traders, and agriculturalists
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Velicham Finance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microloans and financial services to underserved communities in India
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Lahanti Lastmile Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Nonprofit financial company that provides financial services and solutions to individuals and businesses
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Humana Financial Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Micro-loans for individuals and enterprises
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Janakalyan Financial Services Private LimitedUS$2.98m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microcredit and savings for the low-income individuals
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Heritage Finlease LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Microcredit and savings for the low-income individuals
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Sarala Development & Microfinance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of collateral-free micro-credit to women entrepreneurs
Microfinancein FY24-25 · net · since FY2024
Filed standalone accounts · Srifin Credit Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microcredit services
Microfinancein FY24-25 · net · since FY2019
Filed standalone accounts · Vector Finance Private LimitedUS$2.08m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of microcredit solutions for consumers
Microfinancein FY24-25 · net · since FY2018
Filed standalone accounts · Virutcham Microfinance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.
Open microfinance in India on RadarBrowse the top microfinance companies in India, including microfinance institutions, NBFC lenders and microfinance banks. Find microfinance startups in India and companies offering microcredit and small business loans.
Institutions giving small group and individual loans to low-income borrowers.

Financial services company primarily focused on serving the urban poor through microfinance and banking services
Microfinance
Provider of microcredit services
Microfinance
Provider of financial services to unbanked populations and small finance
Microfinance
Microfinance banks
Banks
Provider of microcredit services
MicrofinanceNon-banking finance companies focused on micro-lending.
CreditAccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
Nbfc lendersAnnapurna Finance Pvt.
Nbfc lenders
VFS Capital is one of the oldest and most reputable microfinance institutions in Eastern India empowering people providing small business loans.
Nbfc lenders
Provider of financial services including loans, insurance, savings, and remittances
Service providers to banks
Provider of MSME business loan against property to rural and semi rural communities
MicrofinanceSmall finance and microfinance banks and cooperative lenders.

Microfinance banks
Banks
Provider of banking correspondent and microfinance services
Microfinance
Provider of integrated software solutions for microfinance institutions.
Banking tech
Provider of financial services including loans, insurance, savings, and remittances
Service providers to banks
Provider of MSME business loan against property to rural and semi rural communities
MicrofinanceLenders offering SME loans, personal loans and auto loans.

Provider of microfinance services for economic empowerment
Microfinance
Auto loans provider
Consumer and sme loans
Provider of financial services focused on livelihood advancement for underserved communities
Alternative lending
Provider of personal and SME loans
Microfinance
Provider of micro financial services
MicrofinanceInternet-first lending apps and marketplaces connecting borrowers with lenders.

Provider of a digital lending platform
Microfinance
Provider of financial services including loans, insurance, savings, and remittances
Service providers to banks
Provider of digital business loans for small and medium enterprises
Microfinance
Developer of a microfinance marketplace app connecting lenders and microfinance customers
Microfinance
Provider of financial services focused on livelihood advancement for underserved communities
Alternative lendingNewer microfinance companies founded in the last few years.

Provider of collateral-free micro-credit to women entrepreneurs
Microfinance
Provider of personal, education, and agriculture loans
Microfinance
Provider of financial services including micro, small, and medium enterprise loans and invoice financing
Microfinance
Provider of microfinance services
Microfinance
AI-based microloan platform for individuals and micro-businesses
MicrofinanceMicrofinance companies with open roles right now.

Provider of microcredit services
Microfinance
Provider of microcredit services for women empowerment
Microfinance
Provider of microfinance financial support and loans to low-income earning women entrepreneurs
Microfinance
Auto loans provider
Consumer and sme loans
Provider of microfinance services to low-income households
MicrofinancePublicly listed microfinance companies.

Financial services company primarily focused on serving the urban poor through microfinance and banking services
Microfinance
Provider of microcredit services
Microfinance
Microfinance banks
Banks
NBFC offering micro loans to businesses
Microfinance
Provider of microfinance and consumer durable loans to rural households
MicrofinanceThe most-installed Android apps published by microfinance companies headquartered in India — 6.6M installs between them. 27 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN L51216KA1991PLC053425CIN L65190MH1992PLC066228CIN L65991DL1990PLC041796CIN U65921PB1988PLC008430CIN U65910GJ1994PTC082668CIN U67120RJ1995PLC009862CIN U65191KA1995PLC057884CIN U74899DL1995PLC068688CIN U72900DL2019PTC358875Revenue, profit and growth from the filed annual accounts of 75 microfinance companies in India for FY24-25 — 108 of the 183 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 75% of the revenue, so medians describe the typical company better than totals.
75 companies filing accounts
-6.6% aggregate margin
44 of 75 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
74 companies with accounts for both years; median growth +10%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| Srifin CreditSRIFIN CREDIT PRIVATE LIMITED | ||
| MicroNsureMICRONSURE CONSULTANCY PRIVATE LIMITED | ||
| Disha India Micro CreditDISHA INDIA MICRO CREDIT | +42% | ₹17.38 cr |
| Velicham FinanceVELICHAM FINANCE PRIVATE LIMITED | ||
| Nightingale FinvestNIGHTINGALE FINVEST PRIVATE LIMITED | +32% | ₹23.03 cr |
| Unnati MicrofinUNNATTI FINSERV PRIVATE LIMITED |
| Company | Margin | Revenue |
|---|---|---|
| Heritage FinleaseHERITAGE FINLEASE LIMITED | ||
| Dar Credit & CapitalDAR CREDIT & CAPITAL LTD | ₹41.39 cr | |
| Velicham FinanceVELICHAM FINANCE PRIVATE LIMITED | ||
| Valar Aditi Social FinanceVALAR ADITI SOCIAL FINANCE PRIVATE LIMITED | ||
| Uttrayan Financial ServicesUTTRAYAN FINANCIAL SERVICES PRIVATE LIMITED | ||
| Vedika Credit CapitalVEDIKA CREDIT CAPITAL LTD | 11.6% | ₹265.55 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Microfinance | 69 | ₹6,335.91 cr | ~₹18.5 cr | 59% | -3.2% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| ESAFESAF SMALL FINANCE BANK LIMITED | ₹4,329.31 cr | −₹521.39 cr | -12.0% | +2% |
| Annapurna FinanceANNAPURNA FINANCE PRIVATE LIMITED | ₹2,183.26 cr | ₹69.24 cr | 3.2% | +5% |
| Midland MicrofinMIDLAND MICROFIN LIMITED | ₹636.45 cr | ₹26.67 cr | 4.2% | +19% |
| Pahal Financial ServicesPAHAL FINANCIAL SERVICES PRIVATE LIMITED | ₹505.20 cr | ₹6.37 cr | 1.3% | +9% |
| Light MicrofinanceLIGHT MICROFINANCE PRIVATE LIMITED | ₹494.93 cr | — | — | -5% |
| Vedika Credit CapitalVEDIKA CREDIT CAPITAL LTD | ₹265.55 cr | ₹30.78 cr | 11.6% | +16% |
| Sindhuja MicrocreditSINDHUJA MICROCREDIT PRIVATE LIMITED | ₹256.91 cr | −₹35.44 cr | -13.8% | +15% |
| SvastiSVASTI MICROFINANCE PRIVATE LIMITED | ₹256.12 cr | −₹21.48 cr | -8.4% | -10% |
| SV CreditlineS V CREDITLINE LIMITED | ₹201.97 cr | −₹138.89 cr | -68.8% | +21% |
| VFS CapitalVFS CAPITAL LIMITED | ₹194.01 cr | ₹16.05 cr | 8.3% | +8% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full microfinance landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
236 recorded equity rounds have gone to 268 microfinance companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.
US$10.14m
US$30.62m
43 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$268.03m across 5 rounds.
Equity rounds over the last five years, 268 microfinance companies in India among 268 in India.
Each deal appears in the events strip at the top of the page.
Go deeper in the microfinance landscape reports:
Accounting and Tax Software Industry Landscape of India AdTech Industry Landscape of India Aerospace, Maritime and Defense Industry Landscape of India46 microfinance companies in India have recorded equity funding, US$2.09bn in total. Totals and round dates describe the historical record; they are not current valuations.
Largest recorded equity totals, with the latest recorded round.
MicrofinanceProvider of microfinance services for economic empowerment
MicrofinanceFinancial services company primarily focused on serving the urban poor through microfinance and banking services
MicrofinanceProvider of microcredit services

MicrofinanceMicrofinance services provider to low income households
MicrofinanceProvider of microfinance and consumer durable loans to rural households
MicrofinanceProvider of microfinance financial support and loans to low-income earning women entrepreneurs
MicrofinanceMicrofinance operations

MicrofinanceProvider of financial services to unbanked populations and small finance
Alternative lendingProvider of financial services focused on livelihood advancement for underserved communities
Founders
Details not available
MicrofinanceProvider of financial services
MicrofinanceProvider of MSME business loan against property to rural and semi rural communities


Service providers to banksProvider of financial services including loans, insurance, savings, and remittances

MicrofinanceProvider of microfinance services to low-income households

MicrofinanceProvider of micro-credit solutions for low-income individuals and businesses

MicrofinanceNBFC offering micro loans to businesses
MicrofinanceProvider of financial, business, and institutional development services
₹2,183.26 cr in FY24-25 · net ₹69.24 cr · +540% since FY2018
Filed standalone accounts · Annapurna Finance Private LimitedUS$248.37m across 14 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹6,463.91 cr in FY23-24 · net ₹1,281.49 cr · +956% since FY2015
Filed standalone accounts · Ujjivan Financial Services LimitedUS$238.31m across 10 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,206.75 cr in FY24-25 · net ₹418.84 cr · +44% since FY2024
Filed consolidated accounts · Svatantra Microfin Limited
Building. Creating. Solving. Learning.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,533.95 cr in FY23-24 · net ₹500.72 cr · +307% since FY2018
Filed consolidated accounts · Spandana Sphoorty Financial LimitedUS$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,285.49 cr in FY23-24 · net ₹449.58 cr · +837% since FY2017
Filed standalone accounts · Muthoot Microfin LimitedUS$138.19m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,286.91 cr in FY23-24 · net ₹123.33 cr · +220% since FY2022
Filed consolidated accounts · Satya Microcapital LimitedUS$115.76m across 10 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4,155.62 cr in FY24-25 · +651% since FY2018
Filed consolidated accounts · Utkarsh Coreinvest LimitedUS$93.53m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹394.58 cr in FY24-25 · net −₹121.22 cr · +773% since FY2022
Filed consolidated accounts · Avanti Finance Private LimitedUS$79.74m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Aavishkaar Venture Management Services Private LimitedUS$57.22m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$50.21m across 5 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.45 cr in FY23-24 · since FY2022
Filed consolidated accounts · Dvara Kshetriya Gramin Financial Services Private LimitedUS$47.01m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹505.20 cr in FY24-25 · net ₹6.37 cr · +1154% since FY2018
Filed standalone accounts · Pahal Financial Services Private LimitedUS$43.88m across 12 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹256.91 cr in FY24-25 · net −₹35.44 cr · +7430% since FY2019
Filed standalone accounts · Sindhuja Microcredit Private LimitedUS$40.72m across 8 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,601.91 cr in FY24-25 · net ₹186.13 cr · +152% since FY2018
Filed consolidated accounts · Satin Creditcare Network LimitedUS$40.00m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Bhartiya Samruddhi Investments And Consulting Services LimitedUS$36.50m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Meet the people behind microfinance companies in India. 115 of 183 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Microfinance companies in India with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
MicrofinanceProvider of collateral-free micro-credit to women entrepreneurs

MicrofinanceMicrocredit for low income individuals
Provider of merchant investments and financial services
MicrofinanceMicrofinance operations

MicrofinanceProvider of micro-credit solutions for low-income individuals and businesses

MicrofinanceProvider of microfinance and consumer durable loans to rural households
MicrofinanceProvider of microcredit services for women empowerment
MicrofinanceProvider of microfinance financial support and loans to low-income earning women entrepreneurs
Alternative lendingProvider of financial services focused on livelihood advancement for underserved communities
Founders
Details not available
Consumer and sme loansAuto loans provider
MicrofinanceProvider of technology-driven microinsurance solutions

MicrofinanceMicro-credit for low income individuals and businesses
in FY24-25 · net · since FY2024
Filed standalone accounts · Srifin Credit Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹1.51 lakh · since FY2018
Filed standalone accounts · Friends Capital Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2016
Filed standalone accounts · F Mec International Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,286.91 cr in FY23-24 · net ₹123.33 cr · +220% since FY2022
Filed consolidated accounts · Satya Microcapital LimitedUS$115.76m across 10 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹256.91 cr in FY24-25 · net −₹35.44 cr · +7430% since FY2019
Filed standalone accounts · Sindhuja Microcredit Private LimitedUS$40.72m across 8 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,533.95 cr in FY23-24 · net ₹500.72 cr · +307% since FY2018
Filed consolidated accounts · Spandana Sphoorty Financial LimitedUS$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,019.93 cr in FY21-22 · net −₹962.18 cr · +7606% since FY2015
Filed standalone accounts · Iifl Samasta Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,285.49 cr in FY23-24 · net ₹449.58 cr · +837% since FY2017
Filed standalone accounts · Muthoot Microfin LimitedUS$138.19m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹394.58 cr in FY24-25 · net −₹121.22 cr · +773% since FY2022
Filed consolidated accounts · Avanti Finance Private LimitedUS$79.74m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹661.53 cr in FY23-24 · net ₹173.57 cr · +1526% since FY2016
Filed consolidated accounts · Arman Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2022
Filed standalone accounts · Micronsure Consultancy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹7.11 cr in FY24-25 · net ₹20.47 lakh · since FY2018
Filed standalone accounts · Ajivika Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
CreditAccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India.
Founders
Details not available
MicrofinanceProvider of microfinance solutions

Nbfc lendersVFS Capital is one of the oldest and most reputable microfinance institutions in Eastern India empowering people providing small business loans.
Founders
Details not available
MicrofinanceProvider of microcredit services
MicrofinanceProvider of microcredit services

MicrofinanceMicro Loans in Punjab
BanksMicrofinance banks
MicrofinanceNBFC-MFI offering individual and group loan products
Annapurna Finance Pvt.
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹256.82 cr in FY22-23 · +1770% since FY2016
Filed standalone accounts · Digamber Capfin LtdUS$1.75m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Vector Finance Private LimitedUS$2.08m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,206.75 cr in FY24-25 · net ₹418.84 cr · +44% since FY2024
Filed consolidated accounts · Svatantra Microfin Limited
Building. Creating. Solving. Learning.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹636.45 cr in FY24-25 · net ₹26.67 cr · +1021% since FY2018
Filed standalone accounts · Midland Microfin LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4,329.31 cr in FY24-25 · net −₹521.39 cr · +520% since FY2018
Filed standalone accounts · Esaf Small Finance Bank LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹265.55 cr in FY24-25 · net ₹30.78 cr · +213% since FY2018
Filed standalone accounts · Vedika Credit Capital LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Microfinance companies in India with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Service providers to banksProvider of financial services including loans, insurance, savings, and remittances

MicrofinanceProvider of microfinance services to low-income households

MicrofinanceProvider of digital business loans for small and medium enterprises

MicrofinanceProvider of microcredit services

MicrofinanceMicrofinance operations

MicrofinanceMicro-loans for individuals and enterprises

MicrofinanceMicro Loans in Bihar
MicrofinanceProvider of financial services
MicrofinanceMicro loans for poor women groups
Limited partnersProvider of financial services, business skills training, and community development programs.

MicrofinanceProvider of microfinance and consumer durable loans to rural households
MicrofinanceProvider of microfinance financial support and loans to low-income earning women entrepreneurs
₹1.45 cr in FY23-24 · since FY2022
Filed consolidated accounts · Dvara Kshetriya Gramin Financial Services Private LimitedUS$47.01m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹505.20 cr in FY24-25 · net ₹6.37 cr · +1154% since FY2018
Filed standalone accounts · Pahal Financial Services Private LimitedUS$43.88m across 12 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹27.91 lakh · +763% since FY2020
Filed standalone accounts · Uthaan Technologies Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,206.75 cr in FY24-25 · net ₹418.84 cr · +44% since FY2024
Filed consolidated accounts · Svatantra Microfin Limited
Building. Creating. Solving. Learning.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,286.91 cr in FY23-24 · net ₹123.33 cr · +220% since FY2022
Filed consolidated accounts · Satya Microcapital LimitedUS$115.76m across 10 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Janakalyan Financial Services Private LimitedUS$2.98m across 4 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$5.00m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Aavishkaar Venture Management Services Private LimitedUS$57.22m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹8.59 lakh · since FY2018
Filed standalone accounts · Aviral Finance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹0.09 lakh · +231% since FY2021
Filed standalone accounts · Mann Deshi Udyojika Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,533.95 cr in FY23-24 · net ₹500.72 cr · +307% since FY2018
Filed consolidated accounts · Spandana Sphoorty Financial LimitedUS$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,285.49 cr in FY23-24 · net ₹449.58 cr · +837% since FY2017
Filed standalone accounts · Muthoot Microfin LimitedUS$138.19m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Microfinance companies in India founded in the last four years, newest first.
MicrofinanceMicrofinance company providing financial support to low-income earning
Founders
Details not available
MicrofinanceProvider of collateral-free micro-credit to women entrepreneurs

MicrofinanceProvider of financial services including micro, small, and medium enterprise loans and invoice financing
MicrofinanceProvider of micro financial solutions
Founders
Details not available
MicrofinanceProvider of micro financial solutions
Founders
Details not available
MicrofinanceProvider of microfinance services for individuals and small businesses
Founders
Details not available
MicrofinanceProvider of micro financing services
Founders
Details not available
MicrofinanceDeveloper of a microfinance marketplace app connecting lenders and microfinance customers
Founders
Details not available
MicrofinanceProvider of micro financing services
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2024
Filed standalone accounts · Srifin Credit Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹8.24 lakh in FY24-25 · net −₹71.62 lakh · +858% since FY2024
Filed standalone accounts · Niyara Capital Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
MicrofinanceProvider of microcredit services
MicrofinanceNBFC offering micro loans to businesses
BanksMicrofinance banks
MicrofinanceMicrofinance services provider to low income households
MicrofinanceProvider of microfinance financial support and loans to low-income earning women entrepreneurs
MicrofinanceProvider of microfinance and consumer durable loans to rural households
MicrofinanceProvider of microfinance services for economic empowerment
MicrofinanceProvider of Micro finance
MicrofinanceMicrofinance operations

MicrofinanceProvider of microcredit services

Service providers to banksProvider of financial services including loans, insurance, savings, and remittances

Consumer and sme loansAuto loans provider
₹5,756.14 cr in FY24-25 · net ₹531.38 cr · +238% since FY2020
Filed consolidated accounts · Creditaccess Grameen LimitedUS$28.50m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,601.91 cr in FY24-25 · net ₹186.13 cr · +152% since FY2018
Filed consolidated accounts · Satin Creditcare Network LimitedUS$40.00m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4,329.31 cr in FY24-25 · net −₹521.39 cr · +520% since FY2018
Filed standalone accounts · Esaf Small Finance Bank LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,285.49 cr in FY23-24 · net ₹449.58 cr · +837% since FY2017
Filed standalone accounts · Muthoot Microfin LimitedUS$138.19m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,533.95 cr in FY23-24 · net ₹500.72 cr · +307% since FY2018
Filed consolidated accounts · Spandana Sphoorty Financial LimitedUS$192.00m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,183.26 cr in FY24-25 · net ₹69.24 cr · +540% since FY2018
Filed standalone accounts · Annapurna Finance Private LimitedUS$248.37m across 14 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹41.39 cr in FY24-25 · net ₹7.04 cr · since FY2018
Filed standalone accounts · Dar Credit & Capital LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,286.91 cr in FY23-24 · net ₹123.33 cr · +220% since FY2022
Filed consolidated accounts · Satya Microcapital LimitedUS$115.76m across 10 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,206.75 cr in FY24-25 · net ₹418.84 cr · +44% since FY2024
Filed consolidated accounts · Svatantra Microfin Limited
Building. Creating. Solving. Learning.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.45 cr in FY23-24 · since FY2022
Filed consolidated accounts · Dvara Kshetriya Gramin Financial Services Private LimitedUS$47.01m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹661.53 cr in FY23-24 · net ₹173.57 cr · +1526% since FY2016
Filed consolidated accounts · Arman Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
The most common specialisations among microfinance companies in India. Open a company to see what it sells, who runs it and how far it has come.
17 microfinance companies in India work in consumer and sme loans. Shown: the best-documented.
Service providers to banksProvider of financial services including loans, insurance, savings, and remittances

MicrofinanceProvider of microfinance services for economic empowerment
MicrofinanceProvider of micro financial services
Alternative lendingProvider of financial services focused on livelihood advancement for underserved communities
Founders
Details not available
MicrofinanceProvider of microcredit services for women empowerment
MicrofinanceProvider of financial support systems
MicrofinanceProvider of personal and SME loans
Consumer and sme loansAuto loans provider
MicrofinanceProvider of financial products supporting entrepreneurs, artisans, traders, and agriculturalists
MicrofinanceProvider of micro finance services
MicrofinanceProvider of microcredit and loan services to underserved individuals and businesses
Founders
Details not available
Consumer and sme loansProvider of financial services, focusing on underserved and unserved women
₹1.45 cr in FY23-24 · since FY2022
Filed consolidated accounts · Dvara Kshetriya Gramin Financial Services Private LimitedUS$47.01m across 5 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2,183.26 cr in FY24-25 · net ₹69.24 cr · +540% since FY2018
Filed standalone accounts · Annapurna Finance Private LimitedUS$248.37m across 14 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹194.01 cr in FY24-25 · net ₹16.05 cr · +67% since FY2018
Filed standalone accounts · Vfs Capital LimitedUS$9.24m across 3 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹394.58 cr in FY24-25 · net −₹121.22 cr · +773% since FY2022
Filed consolidated accounts · Avanti Finance Private LimitedUS$79.74m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,019.93 cr in FY21-22 · net −₹962.18 cr · +7606% since FY2015
Filed standalone accounts · Iifl Samasta Finance LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Yogakshemam Loans LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.42 lakh in FY24-25 · net −₹2.24 cr · -37% since FY2018
Filed standalone accounts · Ambit Operations & Management Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹661.53 cr in FY23-24 · net ₹173.57 cr · +1526% since FY2016
Filed consolidated accounts · Arman Financial Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Velicham Finance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹21.14 cr in FY24-25 · net ₹40.58 lakh · since FY2018
Filed standalone accounts · Dhanam Investment And Finance Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹19.78 cr in FY24-25 · net ₹0.72 lakh · +911% since FY2022
Filed standalone accounts · Vruksha Microfin Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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