Light Microfinance is a leading microfinance company in India, with its headquarters in Ahmedabad, Gujarat.

Basic Information

Founded in 2009 by Deepak Amin (MD), Rakesh Kumar (CEO), and Aviral Saini (CFO), Light Microfinance is headquartered in Ahmedabad and has operations across Gujarat, Rajasthan, Madhya Pradesh, and Haryana. Light Microfinance has been making significant investments in building its proprietary analytics platform, which has started yielding dividends for the company. The company has doubled its assets under management (AUM) to over Rs 1300 crore. It has a customer base of over three lakh, spread across 68 districts in four states. See more

Legal Name

:

Light Microfinance Pvt Ltd

Headquarters

:

Ahmedabad, Gujarat, India

Business Model

:

B2C 

Founding Date

:

2009

No. of Employees

:

501 to 1000

Core Team

:
1.

Rakesh Kumar

Chief Executive Officer

2.

Aviral Saini

Co-Founder and CFO

3.

Deepak Amin

Managing Director

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Funding

Total Funding

$10.1M

Investors

:

1.

Incofin Investment Management

2.

Northern Arc Capital

3.

Triple Jump

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Detail Round Breakdown

Round 1

$24.25M

Series Name

:

SERIES-B

Date

:

22nd Sep 2022

Investors

:
1.

British International Investment

2.

Triple Jump

3.

Nordic Microfinance Initiative

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