SKS Microfinance
Hyderabad, India · Founded 1997 · $98.5M raised
- Headquarters
- Hyderabad
- Employees
- 1001–5000
- Founded
- 1997
- Business Model
- B2C
- Website
- bfil.co.in
- Total Funding
- $98.5M
- Last Round
- $12.0M Series CAug 2010
- Rounds
- 3
About
SKS Microfinance (now Bharat Financial Inclusion Limited) is a non-banking financial company-microfinance institution (NBFC-MFI) founded in 1997 by Vikram Akula. The company provides small loans, insurance, and other financial services to low-income women in rural and semi-urban India across 19 states. Following its 2010 IPO on the BSE/NSE, it rebranded as Bharat Financial Inclusion Limited and was acquired by IndusInd Bank in July 2019, becoming a wholly owned subsidiary.
Summary
SKS Microfinance is a Fintech company based in Hyderabad, India, founded in 1997. It has raised $98.5M in total across 3 rounds, most recently a $12.0M Series C round in Aug 2010. Investors include Sequoia Capital, Unitus and Vinod Khosla.
Funding History
Sign up to view the funding chart
Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.
Aug 2010
Sign up to see all 3 rounds
Series A through Series C — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
Citi is a leading global bank for institutions with cross-border needs, a global provider in weal...
Global fintech company operating Alipay and providing digital payment, wealth management, insuran...
Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
Robinhood offers commission-free investing and tools to help shape your financial future.
Economic infrastructure for the internet.
Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/sks-microfinance"><img src="https://indexed.vc/api/badge/company/sks-microfinance" alt="SKS Microfinance on Indexed.vc" width="260" height="76" /></a>