Spandana Sphoorty Financial Limited
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Spandana Sphoorty Financial Limited - overview
Established
1997
Location
Hyderabad, Telangana, India
Primary Industry
Financial Services
About
Founded in 1997 by founder G. Padmaja Reddy and based in Telangana, India, Spandana Sphoorty Financial Limited provides small loans and financial services to low-income women in rural areas. In May 2024, Siguler Guff acquired a 3. 5% minority stake in Spandana Sphoorty Financial Limited for INR 2.
4 billion. As of July 2024, the company is led by CEO Shalabh Saxena. SSFL offers various micro-loan products designed for the specific needs of rural women entrepreneurs for various purposes, such as starting a small business, agriculture, purchasing livestock or equipment, or covering education or healthcare expenses. The company utilizes a joint liability group (JLG) model, where multiple female borrowers come together and are collectively responsible for repaying the loan.
Current Investors
Kedaara Capital, Valiant, Siguler Guff
Primary Industry
Financial Services
Sub Industries
Consumer Finance
Website
www.spandanasphoorty.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Spandana Sphoorty Financial Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Spandana Sphoorty Financial Limited | - | ||||||||
| PIPE | Completed | Spandana Sphoorty Financial Limited | - | ||||||||
| IPO | Completed | Spandana Sphoorty Financial Limited | - | ||||||||
| Buyout | Completed | Spandana Sphoorty Financial Limited | - | ||||||||
| Growth | Completed | Spandana Sphoorty Financial Limited | - |
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