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Light Microfinance logo — Empowering Women and Communities with Targeted Microfinance...

Light Microfinance

Empowering Women and Communities with Targeted Microfinance Solutions

Founded 2008 1001-5000 employees Series B Total: $3.07B Finance, Financial Services +1

General Information

Company Name Light Microfinance
Founded Year 2008
Employees 1001-5000
Industries Finance, Financial Services, Women's Health
Funding Stage Series B
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About Light Microfinance

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 (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 4
Investor Investor Investor
•••• •••• 		22 Sep 2022
Series A •••••• 3
Investor Investor
•••• •••• 		20 Jul 2021
Debt Financing •••••• 1
Investor
01 Sep 2019

Light Microfinance Alternatives & Competitors

Light Microfinance vs
Prayas Financial Services Private Limited
Prayas Financial Services Private Limited India

Non-Banking Finance Company-Microfinance

198 employees
Finance, Financial Services
Light Microfinance vs
Equitas Holdings
Equitas Holdings

Empowering underserved communities with essential financial solutions, from microfinance to used veh...

Private Equity
Finance, Financial Services
Light Microfinance vs
Annapurna Microfinace
Annapurna Microfinace

Empowering underserved women with financial and technical support to foster entrepreneurial growth a...

Debt Financing
1 employees
Finance, Financial Services

FAQ About Light Microfinance

Empowering Women and Communities with Targeted Microfinance Solutions
Light Microfinance was founded in 2008.
Light Microfinance operates in the following industries: Finance, Financial Services, Women's Health.
Light Microfinance has approximately 1001-5000 employees.
Light Microfinance has completed 3 funding rounds, raising a total of $3.07B. The latest funding stage is Series B.
Top alternatives and competitors to Light Microfinance include Prayas Financial Services Private Limited, Equitas Holdings, Annapurna Microfinace, CreditAccess Grameen Limited, Saija Finance Pvt. Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Light Microfinance and Prayas Financial Services Private Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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