Muthoot Microfin logo — company profile

Muthoot Microfin

Founded 2015 India Kochi, India 3235 employees Post Ipo Debt Total: $5.14B Finance, Financial Services +1

General Information

Company Name Muthoot Microfin
Founded Year 2015
Location India Kochi, India +2
Employees 3235
Industries Finance, Financial Services, Lending and Investments
Funding Stage Post Ipo Debt
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About Muthoot Microfin

Muthoot Microfin, established in 2015, is a part of the Muthoot Pappachan Group (MPG) – a leading business conglomerate in India. Focused on empowering women in rural areas, the company operates in the finance and financial services sectors, offering micro-loans to economically weaker sections of society. Following a joint liability group (JLG) model, Muthoot Microfin organizes clients in groups of four to ten women, promoting entrepreneurship and inclusive growth. Its last investment of $75.00M was a post-IPO debt investment on 28 March 2024, and it was backed by a consortium of investors including Union Bank of India, Standard Chartered Bank, National Bank of Ras Al Khaimah, Doha Bank, Canara Bank, and Gujarat International Finance Tec-City. Muthoot Microfin's operations are strategically aligned with social and economic development goals, contributing to financial inclusion and women's empowerment.

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• 5
Investor
•••• ••••
28 Mar 2024
Private Equity Round •••••• 1
Investor
03 Oct 2022
Private Equity Round •••••• 1
Investor
06 Dec 2021
Private Equity Round •••••• - 24 Jan 2017

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FAQ About Muthoot Microfin

Muthoot Microfin is a part of the Muthoot Pappachan Group (MPG). MPG is one of the leading business conglomerates, with a presence in multiple verticals. Muthoot Microfin Limited is a leading microfinance institution focussed on providing micro-loans to women customers predominantly in rural regions...
Muthoot Microfin was founded in 2015.
Muthoot Microfin is headquartered in Kochi, India.
Muthoot Microfin operates in the following industries: Finance, Financial Services, Lending and Investments.
Muthoot Microfin has approximately 3235 employees.
Muthoot Microfin has completed 4 funding rounds, raising a total of $5.14B. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to Muthoot Microfin include CreditAccess Grameen Limited, Utkarsh Small Finance Bank, Sonata Finance Pvt Ltd, Light Microfinance, Spandana Sphoorty Financial Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Muthoot Microfin and CreditAccess Grameen 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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