About BSS Microfinance
BSS Microfinance is a Financial Services company based in Bengaluru (India) founded in 1999, and was acquired by Kotak Mahindra Bank in September 2016. Microcredit is extended to low-income individuals and businesses. The company has 7,267 employees. Its Indian entity Bss Sonata Microcredit Limited reported revenue of ₹847 Cr. BSS Microfinance offers products and services including Micro Loan, Secured Business Loan, and Insurance. Its focus areas include Microfinance, Microcredit and Sustainability Tech. Its competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank; 3 of its 3 listed competitors have raised funding.
Company details
BSS Microfinance was founded in 1999 and is based in Bengaluru, India. Operations are conducted in the microfinance sector, where small-scale loans are disbursed to low-income individuals and businesses. Services focus on credit access for underserved groups, with activities centered in the Indian financial landscape. The domain bssmfi.com supports online information and outreach efforts.
- Headquarters Bengaluru, India
- Employees 7,267
- Stage Acquired
- SectorsFinancial Services
- Website bssmfi.com
- Social LinkedIn
- Acquired by Kotak Mahindra Bank (Sep 2016)
- Legal Name Bss Microfinance Limited
- Date of Incorporation 05 Apr, 1994
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹847 Cr
FY 2025 · -14% YoY
- Net Loss-₹78.70 Cr
FY 2025 · -9% margin
- EBITDA-₹92.28 Cr
FY 2025 · -11% margin
- Investors
- Employee Count7,267
- Acquired byKotak Mahindra Bank
(Sep 2016)
Associated legal entities of BSS Microfinance
BSS Microfinance is associated with 2 registered companies on The Company Check; the primary company is Bss Sonata Microcredit Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bss Sonata Microcredit Limited CIN U66190KA1994PLC049746 | Active | 05 Apr 1994 | Bangalore, Karnataka | ₹847 Cr | 7,267 | 4 | View details |
| Bss Microfinance Limited CIN U74899KA1994PLC049746 | 05 Apr 1994 | Bangalore, Karnataka, India | View details |
Products & Services of BSS Microfinance
BSS Microfinance offers a comprehensive portfolio of products and services, including Micro Loan, Secured Business Loan, and Insurance.
Provides small loans to individuals for business and personal needs.
Offers loans secured against assets for business expansion.
Delivers insurance options to mitigate risks for borrowers.
Apps and channels of BSS Microfinance
BSS Microfinance publishes 1 mobile app with over 500K+ downloads.
Investors in BSS Microfinance
BSS Microfinance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kotak Mahindra Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are offered to corporate and retail customers. | 1985 | kotak.com | Mumbai, India |
Investor details for BSS Microfinance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bss Sonata Microcredit Limited (BSS Microfinance)
Bss Sonata Microcredit Limited is the primary company behind BSS Microfinance. The board of Bss Sonata Microcredit Limited currently have 4 directors; the longest-serving is Devarajan Kannan, appointed in 2017. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devarajan Kannan DIN 00498935 | Director | 27 Sep 2017 | 9 yrs 1 mo | Bss Sonata Microcredit Limited |
| Shwetha Kalappa DIN 10214941 | Director | 28 Jun 2023 | 3 yrs 4 mo | Bss Sonata Microcredit Limited |
| Manish Kothari DIN 10546805 | Director | 23 Apr 2024 | 2 yrs 6 mo | Bss Sonata Microcredit Limited |
| Anup Kumar Singh DIN 00173413 | CEO | 18 Oct 2025 | 1 yr | Bss Sonata Microcredit Limited |
People of BSS Microfinance
2 people are tracked at BSS Microfinance (2 in leadership); the tracked headcount is 7,267.
| Name | Role | Group |
|---|---|---|
Narayan S A | President - Commercial Banking | Leadership |
Sanjay Khadakbhavi | Chief Manager | Leadership |
Complete people profiles for BSS Microfinance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of BSS Microfinance
Figures of Bss Sonata Microcredit Limited, the primary company behind BSS Microfinance, for FY 2025. Revenue was ₹847 Cr (-14% year on year). Net loss was -₹78.70 Cr (-9% margin). EBITDA was -₹92.28 Cr (-11% margin). Revenue has grown at a compounded annual rate of +47% over three years and +34% over five years.
- ₹847 CrRevenue · FY 2025 · -14% YoY
- -₹78.70 CrNet loss · -9% margin
- -₹92.28 CrEBITDA · -11% margin
- ₹31.84 CrPaid-up capital
- 7,267Employees (provident fund records)
- +47%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bss Sonata Microcredit Limited are on its company page.
Detailed financial statements for BSS Microfinance
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 BSS Microfinance
2 dated milestones of BSS Microfinance across 17 years, from founding to its latest funding, stage changes and deals.
- Founded BSS Microfinance is founded.
- Exit Acquired by Kotak Mahindra Bank.
Competitors of BSS Microfinance
BSS Microfinance has 3 listed competitors in our database, 3 of them funded. They include ESAF, Satin Creditcare and Fincare Small Finance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| esafbank.com | 1992 | Thrissur, India | $101.74M | 6,194 | Microfinance banking services are offered in India by ESAF. | |
| satincreditcare.com | 1990 | Delhi, India | $40M | 15,350 | Micro loans for businesses are offered by this NBFC. | |
| fincarebank.com | 2007 | Bengaluru, India | $174.84M | 12,894 | Micro-finance bank |
Detailed competitors of BSS Microfinance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BSS Microfinance
The website of BSS Microfinance (bssmfi.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 47.8% vs previous month
Top companies in Microfinance
3 companies that operate in the same segment as BSS Microfinance (Microfinance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 40 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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
Related news about Bss Microfinance
Complete news archive for BSS Microfinance
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about BSS Microfinance
BSS Microfinance was founded in 1999.
BSS Microfinance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
BSS Microfinance has 7,267 employees.
The primary company behind BSS Microfinance, Bss Sonata Microcredit Limited, reported revenue of ₹847 Cr for FY 2025, down 14% year on year.
BSS Microfinance was founded in 1999 and is based in Bengaluru, India. Operations are conducted in the microfinance sector, where small-scale loans are disbursed to low-income individuals and businesses. Services focus on credit access for underserved groups, with activities centered in the Indian financial landscape. The domain bssmfi.com supports online information and outreach efforts.
BSS Microfinance's top competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank.
BSS Microfinance offers Micro Loan, Secured Business Loan, and Insurance.
BSS Microfinance has 1 investor. Key investors include Kotak Mahindra Bank.
BSS Microfinance operates through Bss Sonata Microcredit Limited.
Yes. BSS Microfinance was acquired by Kotak Mahindra Bank in September 2016.
The legal entities of BSS Microfinance currently have 4 directors, including Shwetha Kalappa, Manish Kothari, Anup Kumar Singh and others.
Yes. BSS Microfinance publishes BSS Shakti, with over 500,000 downloads.