GVMFL

Tiruchirappalli, India Founded: 1986 • Age: 40 yrs Acquired By IDFC First Bank
Micro Loans in Tamil Nadu
Annual revenue $13 Latest available
Total funding $12.2M 4 rounds
Employees 2 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.41 (USD)
    0
    as on Mar 31, 2020
  • Net Profit
    -$250.84 (USD)
    49
    as on Mar 31, 2022
  • EBITDA
    -$250.84 (USD)
    49
    as on Mar 31, 2022
  • Total Equity Funding
    $12.2 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4.25 M (USD), Series A

    Aug 22, 2020

  • Investors
  • Employee Count
    2

    as on Oct 31, 2024

  • Acquired by
    IDFC First Bank

    (Jul 12, 2016)

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People of GVMFL

Headcount 1000-5000
Employee Profiles 4
Employee Profiles
People
Kartheeswari Marimuthu
IT Executive

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital is directed toward social impact investments.
Locked Locked Locked
Venture debt and private equity investments are provided by MicroVest.
Locked Locked Locked
Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
Locked Locked Locked
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Investor details for GVMFL

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Investments & Acquisitions by GVMFL

Investments
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Investment portfolio details for GVMFL

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Financial Statements - GVMFL

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Detailed financials for GVMFL

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Gvmfl Comparisons

GVMFL Primary company
Description
Micro Loans in Tamil Nadu
Location
Tiruchirappalli, India
Founded Year
1986
Annual Revenue
$13.41 (USD)
Net Profit
-$250.84 (USD)
EBITDA
-$250.84 (USD)
Employees
2
As of 2024
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Peer comparison for GVMFL

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Small finance services are extended to underserved segments in India.
Locked Locked Locked
Microfinance bank
Locked Locked Locked
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
Locked Locked Locked
Small finance bank
Locked Locked Locked
Microfinance banking services are offered in India by ESAF.
Locked Locked Locked
Small finance bank
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Detailed competitors of GVMFL

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Latest news on Gvmfl

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Complete news archive for GVMFL

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Frequently Asked Questions about GVMFL

GVMFL was founded in 1986 and raised its 1st funding round 22 years after it was founded.

GVMFL is headquartered in Tiruchirappalli, India. It is registered at Tiruchirappalli, Tamil Nadu, India.

GVMFL is a funded company, having raised a total of $12.2M across 4 funding rounds to date.

As of Oct 31, 2024, the latest employee count at GVMFL is 2.

Annual revenue of GVMFL is $13.41 as on Mar 31, 2020.

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.

GVMFL's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and ESAF.

GVMFL has 8 investors. Key investors include IDFC First Bank, MicroVest, Elevar Equity, Amar Foundation, and WorldBusiness Capital.

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