About LOLC Group
LOLC Group is a company based in Sri Jayawardenepura Kotte (Sri Lanka) founded in 1980. It operates as a Professional Services, Direct-to-Consumer (D2C), and Commission-Based. LOLC Group has raised $13.5 million across 4 funding rounds from investors including Bank Muscat, Emirates NBD and The National Bank of Ras Al Khaimah. LOLC Group has completed 3 acquisitions, including KEY Microfinance Bank, PRASAC and PakOman Microfinance Bank. LOLC Group offers products and services including Financial Services, Leisure, Agriculture & Plantations, Manufacturing & Trading, and Digital Empowerment. LOLC Group operates in a competitive market with competitors including GE Capital, People's Leasing & Finance PLC, Alliance Finance, Commercial Credit and Finance and Softlogic Finance, among others.
- Headquarter Sri Jayawardenepura Kotte, Sri Lanka
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lolc Holdings Plc
- Date of Incorporation 17 Sep, 2023
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.5 M (USD)
in 4 rounds
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Latest Funding Round
$4.5 M (USD), Series A
Apr 07, 2025
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Investors
Bank Muscat
& 18 more
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Employee Count
Employee Count
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Investments & Acquisitions
KEY Microfinance Bank
& 2 more
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Products & Services of LOLC Group
LOLC Group offers a comprehensive portfolio of products and services, including Financial Services, Leisure, Agriculture & Plantations, Manufacturing & Trading, and Digital Empowerment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financial solutions are provided to support global communities.
Hotel properties are managed for leisure and tourism.
Agricultural projects are supported for sustainable growth initiatives.
Manufacturing and trading operations are conducted globally.
Digital solutions are offered for community empowerment programs.
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Funding Insights of LOLC Group
LOLC Group has successfully raised a total of $13.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.5 million completed in April 2025. 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 — $4.5M
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First Round
First Round
(24 Feb 2016)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - LOLC Group | Valuation |
investors |
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| Jun, 2023 | Amount | Series A - LOLC Group | Valuation | Verdant Capital |
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| Oct, 2019 | Amount | Debt – Conventional - LOLC Group | 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 LOLC Group
LOLC Group has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include Bank Muscat, Emirates NBD and The National Bank of Ras Al Khaimah. 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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Private equity firm focused on growth equities
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Founded Year | Domain | Location | |
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location | |
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Investments in sustainable development projects in developing countries.
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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.
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Founded Year | Domain | Location |
Investments & Acquisitions by LOLC Group
LOLC Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include KEY Microfinance Bank, PRASAC and PakOman Microfinance Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Microcredit services are provided to clients in Kenya.
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2011 | ||||
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Microfinance banking services are provided in Pakistan.
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2006 | ||||
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Microfinance services are extended to clients across Cambodia.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LOLC Group
| 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 |
Lolc Group Comparisons
Competitors of LOLC Group
LOLC Group 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 GE Capital, People's Leasing & Finance PLC, Alliance Finance, Commercial Credit and Finance and Softlogic Finance, 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 |
Commercial aircraft and equipment leasing and lending services are provided.
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| domain | founded_year | HQ Location |
Motor vehicles financing firm
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| domain | founded_year | HQ Location |
Provider of personal, gold, equipment, and other loan services
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| domain | founded_year | HQ Location |
Diversified NBFI
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| domain | founded_year | HQ Location |
Diversified non-banking financial services are provided in Sri Lanka.
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| domain | founded_year | HQ Location |
Provides financial solutions including leasing, loans, and savings for customers.
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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 Lolc Group
Frequently Asked Questions about LOLC Group
When was LOLC Group founded?
LOLC Group was founded in 1980 and raised its 1st funding round 36 years after it was founded.
Where is LOLC Group located?
LOLC Group is headquartered in Sri Jayawardenepura Kotte, Sri Lanka. It is registered at Sri Jayawardenepura Kotte, Western Province, Sri Lanka.
Is LOLC Group a funded company?
LOLC Group is a funded company, having raised a total of $13.5M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $6M, raised on Feb 24, 2016.
What does LOLC Group do?
LOLC Group is recognized as a diversified conglomerate with operations spanning financial services, leisure, agriculture, manufacturing, and digital empowerment. The company is active across multiple geographies, including Sri Lanka, Cambodia, Myanmar, and over 27 other countries. Solutions are provided to uplift communities through microfinance, sustainable agricultural practices, and innovative research. Sectors such as hospitality and construction are also covered, ensuring a broad impact on social and economic growth. Global diversification is maintained to support strident growth and client-centric services.
Who are the top competitors of LOLC Group?
LOLC Group's top competitors include GE Capital, People's Leasing & Finance PLC and KJMC Finserv Group.
What products or services does LOLC Group offer?
LOLC Group offers Financial Services, Leisure, Agriculture & Plantations, Manufacturing & Trading, and Digital Empowerment.
How many acquisitions has LOLC Group made?
LOLC Group has made 3 acquisitions, including KEY Microfinance Bank, PRASAC, and PakOman Microfinance Bank.
Who are LOLC Group's investors?
LOLC Group has 19 investors. Key investors include Bank Muscat, Emirates NBD, The National Bank of Ras Al Khaimah, Asian Development Bank, and National Bank of Oman.