Light Microfinance

Empowering Women and Communities with Targeted Microfinance Solutions

General Information
Company Name
Light Microfinance
Founded Year
2008
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
1,001-5,000
Industries
Finance, Financial Services, Women's Health
Funding Stage
Series B
Social Media

Light Microfinance - Company Profile

Light Microfinance is a non-banking finance company that focuses on providing micro and meso finance products and services, with a particular emphasis on gender and poverty-specific initiatives. Founded in 2008 and registered with the Reserve Bank of India, the company is based in Ahmedabad, Gujarat and operates in rural and peri-urban areas of Gujarat, Rajasthan, and Madhya Pradesh. The company's mission is to empower impoverished women and communities through targeted microfinance solutions. Their recent milestone includes a INR1.96B Series B investment on 22 September 2022, with funding from Triple Jump, British International Investment, Incofin Investment Management, and the Nordic Microfinance Initiative. This investment reinforces Light Microfinance's position as one of the fastest-growing microfinance entities in India, signaling confidence from prominent investors in their business model and impact. With its focus on addressing women's financial inclusion and poverty alleviation, the company is strategically positioned to continue making a meaningful difference in the communities it serves.

Taxonomy: Microfinance, Non-banking finance, Gender-focused initiatives, Poverty alleviation, Rural development, Meso finance, Empowerment, Women's economic empowerment, Financial inclusion, Community development

Funding Rounds & Investors of Light Microfinance (3)

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Funding Stage Amount No. Investors Investors Date
Series B INR1.96B 4 Nordic Microfinance Initiative 22 Sep 2022
Series A INR750.00M 3 Nordic Microfinance Initiative 20 Jul 2021
Debt Financing INR356.60M 1 01 Sep 2019

Latest News of Light Microfinance

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No recent news or press coverage available for Light Microfinance.

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