Press Releases

Tech-driven Light Microfinance raises ₹196 crores in Series B Funding

Press Releases Tech-driven Light Microfinance raises ₹196 crores in Series B Funding Ahmedabad, September 22: Light Microfinance, one of the fastest growing MFIs in India, has raised ₹196 crores in Series B funding led by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. All three of the Company’s existing investors …

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Light Microfinance garners US$ 10 million in Series-A funding

Press Releases Light Microfinance garners US$ 10 million in Series-A funding Leading European Impact Investors Incofin, NMI and Triple Jump put their weight behind Ahmedabad-based Light Microfinance to expand their technology-enabled financial inclusion of rural women borrowers JULY 2021: Ahmedabad-based Light Microfinance (Light) has secured US$ 10 million (INR 75 Cr) in its Series-A funding …

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Light Cross Rs.200 Cr. AUM

Press Releases Light Cross Rs.200 Cr. AUM Light Microfinance has crossed Rs. 200 Cr Assets Under Management in October 2018.Light currently serves over 80,000 borrowers under its microfinance business.Light achieved this remarkable feat keeping its asset quality above the industry average asset quality.Stringent credit policies and effective deployment of technology has helped Light attain the …

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Light enters Madhya Pradesh

Press Releases Light enters Madhya Pradesh Light Microfinance has successfully added on more state in its growing geographical presence.Light opened its first two branches in Madhya Pradesh in September 2018.Light Microfinance is now present in 47 districts across three states.Light has started it’s operation from villages near Ahmedabad and has over the period covered Gujarat …

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