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Annapurna Microfinance

Description

Provider of microfinance services in India. The company operates as a non-banking finance enterprise focused on improving the socioeconomic status of women and minority groups through provision of micro loans for small entrepreneurial projects. It has 172 branches in rural areas of Odisha, Chhattisgarh, Jharkhand, Maharashtra, Rajasthan, and Madhya Pradesh and INR 7.2 billion assets under management.

1988

Founded

PRIVATE

Status

1K-5K

Employees

PE Growth

Latest Deal Type

$17.9M

Total Amount Raised

7

Investors

Description

Provider of microfinance services in India. The company operates as a non-banking finance enterprise focused on improving the socioeconomic status of women and minority groups through provision of micro loans for small entrepreneurial projects. It has 172 branches in rural areas of Odisha, Chhattisgarh, Jharkhand, Maharashtra, Rajasthan, and Madhya Pradesh and INR 7.2 billion assets under management.

Website:

www.ampl.net.in

Formerly Known As

Gwalior Finance & Leasing

Ownership Status

Privately Held (backing)

Financing Status

Private Equity-Backed

Primary Industry

Consumer Finance

Other Industries

Other Financial Services

Primary Office

HIG-103, Dharma Vihar Khandagiri Square Bhubaneswar, 751030India +91 (0)67 4235 0253
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Annapurna Microfinance Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Annapurna Microfinance Investors (7)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Belgian Investment Company for Developing CountriesLimited PartnerMinority000 0000000 0000
Development Credit BankPE-Backed CompanyMinority000 0000000 0000
IFMR InvestmentsVenture CapitalMinority000 0000000 0000
Incofin Investment ManagementPE/BuyoutMinority000 0000000 0000
Oikocredit Ecumenical Development Cooperative SocietyImpact InvestingMinority000 0000000 0000
Belgian Investment Company for Developing Countries Limited Partner
Development Credit Bank PE-Backed Company
IFMR Investments Venture Capital
Incofin Investment Management PE/Buyout
Oikocredit Ecumenical Development Cooperative Society Impact Investing

Annapurna Microfinance Executive Team (8)

NameTitleBoard
Seat
Contact
Info
Gobinda PattnaikManaging Director & Chief Executive Officer
Satyajit DasChief Finance Officer
Sanjay PattanaikChief Operational Officer
Sabyasachi SahooChief Manager - Credit & Appraisal & Head, Credit Department
Rakesh RathChief Manager - Accounts
Gobinda Pattnaik Managing Director & Chief Executive Officer
Satyajit Das Chief Finance Officer
Sanjay Pattanaik Chief Operational Officer
Sabyasachi Sahoo Chief Manager - Credit & Appraisal & Head, Credit Department
Rakesh Rath Chief Manager - Accounts

Annapurna Microfinance Board Members (10)

NameRepresentingRoleSinceContact
Info
Ashok Ranjan SamalAnnapurna MicrofinanceBoard Member000 0000
Christina JuhaszSelfBoard Member000 0000
Dibyajyoti PattanaikAnnapurna MicrofinanceBoard Member000 0000
Florian GrohsAnnapurna MicrofinanceBoard Member000 0000
KK TiwarySelfBoard Member000 0000
Ashok Ranjan Samal Board Member Annapurna Microfinance
Christina Juhasz Board Member Self
Dibyajyoti Pattanaik Board Member Annapurna Microfinance
Florian Grohs Board Member Annapurna Microfinance
KK Tiwary Board Member Self
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