
Fincare
5th Floor, Bren Mercury, Kaikondanahalli, Sarjapur Main Road, Bengaluru, Karnataka, 560035, India
Overview
Fincare is an umbrella holding company that manages financial services businesses offering microfinance loans, micro‑enterprise loans and bank‑partnership loans via group companies Disha Microfin, Future Financial Services and Lok Management Services. Its primary product is a joint‑liability group loan that the platform says reaches over 12 lakh customers, 95% of whom are based in rural areas. The platform reports INR 1,735 crore in assets under management and a 79% annual growth rate in AUM over the last three years, and operates more than 270 offices in seven states. Fincare serves over 10 lakh customers and is headquartered in Bangalore. Management has signaled plans to transition Disha Microfin (which received in‑principle RBI approval to become a Small Finance Bank) into a full‑scale bank with deposit‑taking functions to expand product offerings and customer relationships. The company emphasizes digitally enabled infrastructure to support accelerated growth and deeper financial inclusion for underserved rural communities.
- Total raised
- $75M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Mar 2017
Industries
- Financial Services
- Management Consulting
Recent funding
Equity
Mar 2017
$75M
Team
No current team members are available.