How much funding has SKS Microfinance raised?

SKS Microfinance has raised $98.5M in total funding, most recently a Series C round.

Who are SKS Microfinance's investors?

SKS Microfinance's investors include Sequoia Capital, Unitus, Vinod Khosla, WestBridge Capital.

When was SKS Microfinance founded?

SKS Microfinance was founded in 1997.

Where is SKS Microfinance headquartered?

SKS Microfinance is headquartered in Hyderabad, India.

What industry is SKS Microfinance in?

SKS Microfinance operates in Fintech.

How many employees does SKS Microfinance have?

SKS Microfinance has 1001-5000 employees.

SKS Microfinance

Hyderabad, India · Founded 1997 · $98.5M raised

Fintech

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.