About Adhikar
Adhikar is a Government & Social Sector company based in Bhubaneswar (India) founded in 1991. Foundation focused on economic and political empowerment. Adhikar has raised $223.91 thousand across 3 funding rounds. The company has 68 employees. Its Indian entity Adhikar Microfinance Private Limited reported revenue of ₹1.58 Cr. Its focus areas include Nonprofits and Foundations.
Company details
Adhikar was established in 1991 in Bhubaneswar, India, as a non-profit foundation. Focus is placed on economic and political empowerment for marginalized communities. Operations involve community development programs, advocacy initiatives, and capacity-building efforts. Services include training, legal aid, and resource mobilization, primarily conducted in eastern India to address socio-economic disparities and promote inclusive governance.
- Headquarters Bhubaneswar, India
- Employees 68
- SectorsGovernment & Social Sector
- Email••••••••
- Phone•••• ••••
- Website adhikarindia.org
- Social LinkedIn X Facebook YouTube
- Legal Name Adhikar Micro Finance Pvt. Ltd
- Date of Incorporation 04 Apr, 1997
- Jurisdiction Khorda, Odisha, India
- Annual Revenue₹1.58 Cr
FY 2024 · -66% YoY
- Net Loss-₹1.83 Cr
FY 2024 · -116% margin
- EBITDA-₹15.9 Lakh
FY 2024 · -10% margin
- Total Equity Funding$223.91K (USD)
in 3 rounds
- Latest Funding Round$72.05K (USD), Seed
Apr 2019
- Employee Count68
Associated legal entities of Adhikar
Adhikar operates through Adhikar Microfinance Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adhikar Microfinance Private Limited CIN U65923OR1997PTC010452 | Active | 04 Apr 1997 | Bhubaneswar, Odisha | ₹1.6 Cr | 68 | 5 | View details |
Apps and channels of Adhikar
its YouTube channel ADHIKAR INDIA has 30 subscribers and 13 videos.
Videos from Adhikar
The most watched videos on Adhikar's YouTube channel, ADHIKAR INDIA (30 subscribers). Click a video to play it here.
More on ADHIKAR INDIA.
Funding Insights of Adhikar
Adhikar has successfully raised a total of $223.91K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $72.05 thousand completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $223,906
- Total Rounds 3
- Last Round Seed — $72,052
- First Round $5,797
(Jul 2008)
All 3 funding rounds of Adhikar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $72,052 | Seed | – | – | – |
| Nov 2016 | $146,057 | Seed | – | – | – |
| Jul 2008 | $5,797 | Angel Round | – | – | – |
Board of directors of Adhikar Microfinance Private Limited (Adhikar)
Adhikar Microfinance Private Limited is the primary company behind Adhikar. The board of Adhikar Microfinance Private Limited currently have 4 directors; the longest-serving is Mohammad Nooruddin Amin, appointed in 2007. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammad Nooruddin Amin DIN 01502403 | Managing Director | 04 Jun 2007 | 19 yrs 4 mo | Adhikar Microfinance Private Limited |
| Gobinda Chandra Dalabehera DIN 01502050 | Director | 04 Jun 2007 | 19 yrs 4 mo | Adhikar Microfinance Private Limited |
| Parbati Malick DIN 03311629 | Nominee Director | 21 Jan 2011 | 15 yrs 9 mo | Adhikar Microfinance Private Limited |
| Girish Kumar Meher DIN 08710330 | Nominee Director | 26 May 2020 | 6 yrs 4 mo | Adhikar Microfinance Private Limited |
Financials of Adhikar
Figures of Adhikar Microfinance Private Limited, the primary company behind Adhikar, for FY 2024. Revenue was ₹1.58 Cr (-66% year on year). Net loss was -₹1.83 Cr (-116% margin). EBITDA was -₹15.9 Lakh (-10% margin). Revenue has grown at a compounded annual rate of -60% over three years and -48% over five years.
- ₹1.58 CrRevenue · FY 2024 · -66% YoY
- -₹1.83 CrNet loss · -116% margin
- -₹15.9 LakhEBITDA · -10% margin
- ₹10.79 CrPaid-up capital
- 68Employees (provident fund records)
- -60%Revenue CAGR, 3 years
- -48%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Adhikar Microfinance Private Limited are on its company page.
Detailed financial statements for Adhikar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Adhikar
3 dated milestones of Adhikar across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Adhikar is founded.
- Funding First funding round of $6K.
- Funding Latest funding round, Seed, of $72K.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Adhikar
Adhikar was founded in 1991 and raised its 1st funding round 17 years after it was founded.
Adhikar is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Adhikar is a funded company, having raised a total of $223.91K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $5.8K, raised on Jul 2008.
Adhikar has 68 employees.
The primary company behind Adhikar, Adhikar Microfinance Private Limited, reported revenue of ₹1.58 Cr for FY 2024, down 66% year on year.
Adhikar was established in 1991 in Bhubaneswar, India, as a non-profit foundation. Focus is placed on economic and political empowerment for marginalized communities. Operations involve community development programs, advocacy initiatives, and capacity-building efforts. Services include training, legal aid, and resource mobilization, primarily conducted in eastern India to address socio-economic disparities and promote inclusive governance.
Adhikar operates through Adhikar Microfinance Private Limited.
The legal entities of Adhikar currently have 5 directors, including Girish Kumar Meher, Maheswar Lenka, Mohammad Nooruddin Amin and others.