FundedIQ
Financial Services

Satya MicroCapital

Satya MicroCapital Limited is an NBFC based in Delhi that serves low-income entrepreneurs in rural and urban areas. Their goal is to uplift five million households by 2025. Since its establishment in October 2016, Satya has experienced impressive growth, reaching Rs 100 crore in Assets under Management (AUM) within one year. As a result, they have become one of the fastest-growing MFIs in the country. Satya firmly believes that utilizing technology can improve efficiency, reduce risks, and enhance the overall customer experience. For this reason, they have adopted state-of-the-art technology for their operations, including paperless transactions, cashless disbursements, geo-tagging of client and staff locations, E-KYC of clients, and an E-Learning platform for staff training. They are committed to establishing responsive governance and risk management frameworks to ensure the sustainability of the organization. Satya prioritizes client centricity in their everyday operations and aims to create a workplace that fosters greatness for their employees. The company's founders have extensive experience in scaling up Microfinance programs in India's poorest regions, and they receive support from investors with a track record of promoting sustainable and scalable organizations.

www.satyamicrocapital.com New Delhi, India 251-500 employees
Total raised
$35.0M
Rounds
1
Latest
Series Unknown
Jun 2023

Satya MicroCapital Limited is an NBFC based in Delhi that serves low-income entrepreneurs in rural and urban areas. Their goal is to uplift five million households by 2025. Since its establishment in October 2016, Satya has experienced impressive growth, reaching Rs 100 crore in Assets under Management (AUM) within one year. As a result, they have become one of the fastest-growing MFIs in the country. Satya firmly believes that utilizing technology can improve efficiency, reduce risks, and enhance the overall customer experience. For this reason, they have adopted state-of-the-art technology for their operations, including paperless transactions, cashless disbursements, geo-tagging of client and staff locations, E-KYC of clients, and an E-Learning platform for staff training. They are committed to establishing responsive governance and risk management frameworks to ensure the sustainability of the organization. Satya prioritizes client centricity in their everyday operations and aims to create a workplace that fosters greatness for their employees. The company's founders have extensive experience in scaling up Microfinance programs in India's poorest regions, and they receive support from investors with a track record of promoting sustainable and scalable organizations.

Satya MicroCapital has raised $35.0M across 1 round. Its most recent round was a Series Unknown of $35.0M in Jun 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Jun 15, 2023
Series Unknown
$35.0M

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