Light Microfinance
310 Pinnacle Business Park, Corporate Road, Prahlad Nagar, Ahmedabad, Gujarat, 380015, India
Overview
Light Microfinance provides microfinance lending in rural India, targeting underserved populations and primarily women. Its activities aim to increase access to finance and create employment opportunities. The company is focused on scaling its microfinance lending in a context of limited investor interest in the sector. It operates in India and is domiciled there. In 2022 it secured equity capital to support growth and impact objectives. The investment relationship includes work on environmental and social standards through an ESAP and the development of a proportionate ESMS. The company is listed as active in investor reporting and is subject to BII’s reporting and complaints mechanism.
- Total raised
- $9M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Aug 2022
Industries
- Finance
- Financial Services
- Women's
Recent funding
Equity
Aug 2022
$9M
Team
Rakesh Kumar
CEO & EXECUTIVE DIRECTOR
Deepak Amin
PROMOTER, MANAGING DIRECTOR
Aviral Saini
CFO & EXECUTIVE DIRECTOR
Satish Dhupdale
CHIEF DIGITAL OFFICER