Annapurna Finance

company

About

Annapurna Finance is a microfinance venture firm that provides financial assistance for economic empowerment.

  • 1001 - 5000

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$30M
Industries
Banking,Business Development,Finance,Financial Services,FinTech
Founded date
Jan 1, 2009
Number Of Employee
1001 - 5000
Operating Status
Active

Annapurna Finance is a microfinance venture that works for the financial and economic upliftment of underserved and unreached women. The company's purpose is the growth of the microfinance operation in the areas which are still away from the formal financial system of the economy and offer livelihood support to the poor households by providing financial and technical support to build up the entrepreneurial skill for the effective undertaking of business activities. It brings economically backward clients to the mainstream, offering need based financial services at its doorstep.

Annapurna Microfinance was founded on 2009 and is headquartered in Bhubaneswar, India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$35M ₹610M
Annapurna Finance has raised a total of $35M ₹610M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2021 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2021 Private Equity(PE) $30M 1 Detail
Jul 20, 2017 Private Equity(PE) ₹610M 1 Detail
Mar 26, 2014 Series B $5M 1 Belgian Investment Company for Developing Countries Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Annapurna Finance is funded by 1 investors. Belgian Investment Company for Developing Countries are the most recent investors.
Investor Name Lead Investor Funding Round
Belgian Investment Company for Developing Countries Private Equity(PE)