Light Microfinance
company
About
Light Microfinance is a microfinance company that offers financial products and services through gender and poverty-focused programs.
- 101 - 250
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- ₹1.96B
- Industries
- Finance,Financial Services,Women's
- Founded date
- Jan 1, 2008
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Light Microfinance is a non-banking finance company registered with the Reserve Bank of India. Headquartered at Ahmedabad, Gujarat, Light Microfinance provides micro and meso finance products and services with gender and poverty-focused programs, targeting rural and peri-urban areas, with a specific focus on poor women. The company operates in Gujarat, Rajasthan and Madhya Pradesh and is one of the fastest growing microfinance companies in India today.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
₹2.71B
Light Microfinance has raised a total of
₹2.71B
in funding over 2 rounds. Their latest funding was raised on
Sep 22, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 22, 2022 | Series B | ₹1.96B | 1 | — | — | Detail |
| Jul 20, 2021 | Series A | ₹750M | 1 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
2
0
Light Microfinance has made 2 investments. Their most recent investment was on
Nov 16, 2022, when Virtualness raised $8M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Nov 16, 2022
Virtualness
|
Seed | $8M | Information Technology | — |
|
Apr 22, 2022
Afterparty
|
Seed | $4M | Content Creators | — |
Investors
Number of Lead Investors
Number of Investors
—
2
Light Microfinance is funded by 2 investors.
Development Finance Institution (DFI)
and Triple Jump
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
— | Series B |
|
|
— | Series A |
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