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Annapurna Finance

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Microfinance venture that works for the financial and economic upliftment of underserved and unreached women

Bhubaneswar Municipal Corporation, IndiaFounded 2009Fintech
Valuation $250–500M Last recorded · 2024
Headcount 2–5k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Annapurna Finance and the history behind them.

About Annapurna Finance

Annapurna Finance Pvt. Ltd., established in 2009, operates as a microfinance institution (MFI) focused on providing financial services to underserved rural areas in India. The company offers a range of financial products including agricultural loans, small business loans, money loans, insurance, and home improvement loans, delivered directly to the doorstep of its clients. Annapurna Finance aims to bridge the gap between economic opportunity and outcome by not only providing credit but also offering financial and technical education to strengthen entrepreneurial skills. The company primarily serves poor women and households, with a goal to empower 40,00,000 such clients by 2027 and bring recognition and opportunity to 120,000 micro-enterprises by the same year. Annapurna Finance's business model revolves around offering need-based financial products that cater to the life cycle needs of its customers, thereby ensuring their economic security and social development. The company generates revenue through the interest and fees charged on its various loan products. Additionally, Annapurna Finance is committed to corporate social responsibility (CSR) initiatives, which include supporting child care institutes, funding environmental drives, and engaging in voluntary social work for community betterment.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Bhubaneswar Municipal Corporation, India
Employees
4,529
Open positions
None listed
Dealroom signal
52.3/100
Industry
Fintech
Sub-industry
Banking
Sector
Fintech, Sustainable Development Goals, Microfinance, financial inclusion
Client focus
b2b, b2c

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Feb 2026 $100M — Standard Chartered ↗
DEBTDebt Dec 2024 $110M — Standard Chartered ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Annapurna Finance website traffic

Latest recorded traffic for Annapurna Finance is 13K monthly website visits, down 13.3% over the last three months. Annapurna Finance's team grew 7.1% over the past year.

Latest monthly visits13K 3-month web change-13.3% 1-year team growth+7.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Dvara KGFSIFMR Rural Channels provides complete financial access to remote rural India Chennai, India Operational 1,064 $27M $70M
Sindhuja MicrocreditSindhuja aspires to serve financially excluded and self-employed micro-entrepreneurs across rural, semi-urban and urban locations in its area of operations through micro finance loans, micro insurance and other suitable financial products Patna, India Operational
Svasti MicrofinanceSvasti works with urban slum dwellers women microentrepreneurs Mumbai, India Operational
ChaitanyaChaitanya has now grown into a Multi-Region financial institution focused primarily on the rural sector Bengaluru, India Acquired
Madura MicrofinanceEnabling productive and efficient capital in rural India for inclusive socioeconomic development Chennai, India Operational
Arohan FinancialIndia-based provider of microfinance operations Kolkata, India Operational
Proximity FinanceProximity Designs is a social business in Myanmar. We design and deliver affordable, income-boosting products that complement the entrepreneurial spirit of rural families Yangon, Myanmar Operational
Tez Financial ServicesTez aims to provide frictionless financial access to the unbanked and under-banked population via a smartphone application, driven by powerful algorithms and artificial intelligence Karachi, Pakistan Acquired
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A11 investors entered at this stage

  • DCB BANK
  • Belgian Investment Company for Developing Countries
  • Women's World Banking
  • SIDBI Venture Capital
  • Bamboo Capital Partners
  • Nuveen
  • Asian Development Bank
  • Oman India Joint Investment Fund
  • Oikocredit
  • DEG
  • Proparco

Series B and later2 investors entered at this stage

  • Piramal
  • Standard Chartered
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇮🇳 India99.3%
🇧🇪 Belgium0.1%
🇩🇪 Germany0.1%
🇹🇭 Thailand0.1%
🇺🇸 United States0.1%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Annapurna Finance on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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