Sindhuja Microcredit operates as an NBFC-MFI focused on providing joint liability group (JLG) loans and individual lending products to self-employed women entrepreneurs, traders, shopkeepers, and farmers in rural and semi-urban areas. Founded by Abhisheka Kumar and Malkit Singh Didyala, the firm says it has served more than 5 lakh borrowers across 12 states over the last eight years. It currently operates 366 branches and manages assets worth over Rs 1,100 crore. Sindhuja emphasizes lending to borrowers in rural and remote regions and targets underserved communities including women entrepreneurs and MSMEs. The company has a multi-stage funding history, having raised Series A from Carpediem Capital, a Series B during the COVID-19 period, a pre-Series C in 2023 led by Abler Nordic, and a Series C in 2024 led by Huruma Fund (GAWA Capital) with participation from Oikocredit. With the recent pre-Series D proceeds, Sindhuja plans to strengthen its capital base and expand its lending operations.

Total raised

$19M

Funding rounds

2

Latest round

Series D

Latest activity

May 2026