CreditAccess Grameen Limited

To be the preferred business partner of 1 Crore low-income households lacking access to credit, by the year 2025.

General Information
Company Name
CreditAccess Grameen Limited
Founded Year
1999
Location (Offices)
Bengaluru, India +1
Founders / Decision Makers
Number of Employees
1654
Industries
Finance, Financial Services, Fintech +2
Funding Stage
Post Ipo Debt
Social Media

CreditAccess Grameen Limited - Company Profile

CreditAccess Grameen Limited, a leading Indian microfinance institution headquartered in Bengaluru, is dedicated to providing micro-loans to women customers primarily in rural areas across India. Since its establishment in 1999, the company has expanded its operations to 364 districts in 16 states and one union territory through 1,877 branches. The primary goal of CreditAccess Grameen Limited, as expressed in their slogan, is to become the preferred business partner of 1 Crore low-income households lacking access to credit by 2025.

The company's Promoter is CreditAccess India B.V., a multinational company specialized in micro and small enterprise financing. Backed by institutional investors and with over a decade of experience in micro-lending in India, CreditAccess Grameen Limited operates within the financial services, fintech, banking, and finance industries.

Furthermore, it recently received a INR9.90BPost-IPO Debt investment on 11 September 2023. This demonstrates a strong investor confidence in the company, its mission, and its potential to drive positive impact at scale in the microfinance sector in India.

CreditAccess Grameen Limited's strategic positioning, with its extensive reach in rural regions and commitment to financial inclusion, makes it an intriguing prospect for venture capital investment, particularly for those interested in the social impact space within the financial sector.

Taxonomy: microfinance, financial inclusion, rural finance, micro-loans, women empowerment, Indian microfinance, rural areas, low-income households, credit access, micro-lending, institutional investors, small enterprise financing, multinational company, Bengaluru, credit access Grameen Limited

Funding Rounds & Investors of CreditAccess Grameen Limited (12)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Debt INR9.90B - 11 Sep 2023
Post-IPO Debt INR1.64B 1 European Bank for Reconstruction and Development 13 Apr 2023
Post-IPO Debt INR2.80B 1 19 Oct 2022
Post-IPO Debt $15.00M 1 19 Jul 2021
Post-IPO Debt Unknown 1 WaterEquity 13 Mar 2020

View All 12 Funding Rounds

Latest News of CreditAccess Grameen Limited

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