Sindhuja Microcredit Pvt Ltd

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Sindhuja Microcredit Pvt Ltd - overview

Established

2018

Location

Noida, Uttar Pradesh, India

Primary Industry

Financial Services

About

Based in Noida, India, and founded in 2018 by co-founders Malkit Didyala (CEO) and Abhisheka Kumar, Sindhuja Microcredit Pvt Ltd operates as a provider of microfinance to financially excluded and self-employed micro-entrepreneurs through third-party arrangements across rural, semi-urban, and urban locations in Bihar and Jharkhand, India. In March 2024, Sindhuja Microcredit Pvt Ltd raised INR 1200 million in Series C funding led by Gawa Capital, with participation from Oikocredit, Carpediem Capital, and Abler Nordic. The company provides a wide range of financial services, such as microfinance loans, insurance products, and financial inclusion solutions. The microfinance services include various loan products like Sindhuja Pallav, Sindhuja Ankur, Sindhuja Pushp, and Sindhuja Pushpaj, catering to different financial needs.


Additionally, the company also provides services such as microenterprise loans and plans to offer pensions and additional financial products through third-party arrangements.


Current Investors

Carpediem Capital, Nordic Microfinance Initiative AS, Oikocredit

Primary Industry

Financial Services

Sub Industries

Consumer Finance, Personal Insurance

Website

www.sindhujamicrocredit.com/

Company Stage

Series C

Total Amount Raised

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