About GVMFL
GVMFL is a company based in Tiruchirappalli (India) founded in 1986 was acquired by IDFC First Bank in July 2016.. GVMFL has raised $12.2 million across 4 funding rounds from investors including IDFC First Bank, MicroVest and Elevar Equity. The company has 2 employees as of October 31, 2024. GVMFL operates in a competitive market with competitors including Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and ESAF, among others.
- Headquarter Tiruchirappalli, India
- Employees 2 as on 31 Oct, 2024
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$13.41 (USD)0as on Mar 31, 2020
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Net Profit
$-250.84 (USD)49as on Mar 31, 2022
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EBITDA
$-250.84 (USD)49as on Mar 31, 2022
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Total Equity Funding
$12.2 M (USD)
in 4 rounds
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Latest Funding Round
$4.25 M (USD), Series A
Aug 22, 2020
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Investors
IDFC First Bank
& 7 more
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Employee Count
2
as on Oct 31, 2024
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Acquired by
IDFC First Bank
(Jul 12, 2016)
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Funding Insights of GVMFL
GVMFL has successfully raised a total of $12.2M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.25 million completed in August 2020. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $4.2M
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First Round
First Round
(01 Feb 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series A - GVMFL | Valuation | Unitus , AMAR Foundation | |
| Jan, 2014 | Amount | Debt – Conventional - GVMFL | Valuation |
investors |
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| Mar, 2009 | Amount | Series A - GVMFL | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GVMFL
GVMFL has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include IDFC First Bank, MicroVest and Elevar Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is directed toward social impact investments.
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Founded Year | Domain | Location | |
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Venture debt and private equity investments are provided by MicroVest.
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Founded Year | Domain | Location | |
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Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by GVMFL
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GVMFL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gvmfl Comparisons
Competitors of GVMFL
GVMFL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and ESAF, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Small finance services are extended to underserved segments in India.
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| domain | founded_year | HQ Location |
Microfinance bank
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| domain | founded_year | HQ Location |
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
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| domain | founded_year | HQ Location |
Small finance bank
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| domain | founded_year | HQ Location |
Microfinance banking services are offered in India by ESAF.
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| domain | founded_year | HQ Location |
Small finance bank
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gvmfl
Frequently Asked Questions about GVMFL
When was GVMFL founded?
GVMFL was founded in 1986 and raised its 1st funding round 22 years after it was founded.
Where is GVMFL located?
GVMFL is headquartered in Tiruchirappalli, India. It is registered at Tiruchirappalli, Tamil Nadu, India.
Is GVMFL a funded company?
GVMFL is a funded company, having raised a total of $12.2M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.25M, raised on Feb 01, 2008.
How many employees does GVMFL have?
As of Oct 31, 2024, the latest employee count at GVMFL is 2.
What is the annual revenue of GVMFL?
Annual revenue of GVMFL is $13.41 as on Mar 31, 2020.
What does GVMFL do?
Grama Vidiyal was established in 1986, with microfinance activities commencing in 2008. Collateral-free loans up to Rs. 25,000 are extended to women without formal credit access, supporting income-generating pursuits and family empowerment. Operations center on Tamil Nadu while spanning 50 districts across four states. One million households are reached, and 400 million in loans have been disbursed. Investment from Vinod Khosla is noted, with S Devaraj serving as Managing Director.
Who are the top competitors of GVMFL?
GVMFL's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and ESAF.
Who are GVMFL's investors?
GVMFL has 8 investors. Key investors include IDFC First Bank, MicroVest, Elevar Equity, Amar Foundation, and WorldBusiness Capital.
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