Satya MicroCapital

Company

Investment-firm

Last deal

$60M

Amount

Debt Financing

Stage

30.09.2023

Date

3

all rounds

$205.42M

Total amount

Financing round

General

About Company
Satya MicroCapital is a microfinance company that provides collateral-free credit to micro enterprises using a group lending model.

Industry

Sector :

Subsector :

founded date

01.01.2017

founders

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The Delhi-based NBFC-MFI aims to uplift five million households by 2025 by offering specialized financing solutions to women entrepreneurs in rural and urban areas. Satya MicroCapital has achieved impressive growth, reaching Assets under Management (AUM) of Rs 100 crore in just one year. The company utilizes cutting-edge technology to power its operations, including paperless transactions, cashless disbursements, geo-tagging of client and staff locations, E-KYC of clients, and an E-Learning platform for training staff members. Satya is committed to establishing responsive governance and risk management frameworks for building a sustainable organization, with client centricity as the hallmark of its day-to-day operations.
Contacts
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Financials

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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 30.09.2023. Their latest investor BANK IM BISTUM ESSEN eG. Their latest round Debt Financing

Date 
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1
$6.46M
Local Amount - INR 530M
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People

Founders
1
Vivek Tiwari
Vivek Tiwari

Vivek Tiwari

Vivek holds a postgraduate degree in Rural Development and Management from the Institute of Engineering and Rural Technology, Allahabad University. He has about 12 years of experience in Microfinance and Development Sector. Before joining SCNL, he worked with Gujarat Based Vardan Microfinance where he initiated operations based on the Grameen Model and trained & developed workforce at middle level management. He has also worked with Cashpor Micro Credit and actively involved in various projects supported by UNICEF and NABARD. Vivek has played a vital role in accelerating the JLG movement in several parts of U.P. as well.

current job

Satya MicroCapital
Satya MicroCapital

Vivek Tiwari

Employee Profiles
4
Ranjeet Kumar Mishra

Ranjeet Kumar Mishra

Chief Credit & Chief Risk Officer

Ashutosh Srivastava

Head of Information Technology

Sudhindra Sharma

Sudhindra Sharma

Chief Financial Officer

Vivek Tiwari

Vivek Tiwari

Founder , CEO, CIO & Managing Director

Activity

Recent News
2
News Timeline

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