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 May 2026, Sindhuja Microcredit Pvt Ltd raised INR 47 million in pre-series D funding from Abler Nordic, GAWA Capital, and Oikocredit. The company will use the funding to strengthen its capital base, support business expansion, and increase lending access for underserved communities. 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
Verticals
FinTech
Company Stage
Series C
Total Amount Raised
Subscriber access only
Sindhuja Microcredit Pvt Ltd - timeline of key events
Sindhuja Microcredit Pvt Ltd - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | - | 26,763,050 | 251,963,476 | - | - | - |
| % Revenue Growth (YoY) | - | - | 841.5% | - | - | - |
| EBITDA (USD) | (223,180) | (17,890,038) | 138,177,098 | - | - | - |
| Operating Income (USD) | (231,227) | (18,650,053) | 136,093,883 | - | - | - |
| Operating Margin | - | (69.7%) | 54.0% | - | - | - |
| % EBITDA Margin | - | (66.8%) | 54.8% | - | - | - |
| NET Income (USD) | (233,321.5) | (26,999,845) | 21,768,988 | - | - | - |
| % Net Margin | - | (100.9%) | 8.6% | - | - | - |
Sindhuja Microcredit Pvt Ltd - employee data
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