About LOLC Group
LOLC Group is a publicly listed company based in Sri Jayawardenepura Kotte (Sri Lanka) founded in 1980. Business loans are provided to enterprises in Sri Lanka. It operates on a Professional Services, Direct-to-Consumer (D2C), and Commission-Based model. 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. Its focus areas include Finance, Microfinance, Hospitality and Leisure. Its legal entity in India is LOLC Holdings PLC (U64990MH2023FTC410720). Its competitors include People's Leasing & Finance PLC, Alliance Finance and Commercial Credit and Finance.
Company details
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.
- Total Equity Funding$13.5M (USD)
in 4 rounds
- Latest Funding Round$4.5M (USD), Series A
Apr 2025
- InvestorsBank Muscat
& 18 more
- Investments & AcquisitionsKEY Microfinance Bank
& 2 more
Associated legal entities of LOLC Group
LOLC Group is associated with 2 registered companies on The Company Check; the primary company is Lolc India Finance Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lolc India Finance Private Limited CIN U64990MH2023FTC410720 | Active | 17 Sep 2023 | Mumbai, Maharashtra | 6 | View details | ||
| Lolc India Holdings (Ifsc) Private Limited CIN U65929GJ2022FTC136542 | Under Process Of Striking Off | 04 Nov 2022 | Gift, Gujarat | 2 | View details |
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.
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.
Apps and channels of LOLC Group
LOLC Group publishes 1 mobile app; its YouTube channel LOLC HOLDINGS PLC has 4.55K subscribers and 30 videos.
Videos from LOLC Group
The most watched videos on LOLC Group's YouTube channel, LOLC HOLDINGS PLC (4.55K subscribers). Click a video to play it here.
More on LOLC HOLDINGS PLC.
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 $13.5M
- Total Rounds 4
- Last Round Series A — $4.5M
- First Round $247M
(Feb 2016)
- Investors Count 19
All 4 funding rounds of LOLC Group 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 2025 | $4.5M | Series A | – | – | |
| Jun 2023 | $9M | Series A | – | Verdant Capital | – |
| Oct 2019 | $6M | Debt – Conventional | – | – | |
| Feb 2016 | $247M | Debt – Conventional | – | – |
19 investors in total: 19 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on growth equities | deginvest.de | Cologne, Germany | ||
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Investments in sustainable development projects in developing countries. | finnfund.fi | |||
Economic development investments are financed through specialized solutions by Proparco. | 1977 | proparco.fr | Paris, France | |
Private equity and funds of funds | bio-invest.be | Brussels, Belgium | ||
Private equity investment firm | 2003 | responsability.com | Zurich, Switzerland | |
Debt and equity investments are managed by this private fund. | 2001 | blueorchard.com | Zurich, Switzerland | |
Impact investing is managed through private equity by Symbiotics Group. | symbioticsgroup.com | Geneva, Switzerland | ||
Private equity firm investing in multiple sectors | oikocredit.coop | Amersfoort, Netherlands | ||
| verdant-cap.com |
Investor details for LOLC Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Lolc India Finance Private Limited (LOLC Group)
Lolc India Finance Private Limited is the primary company behind LOLC Group. The boards of the 2 registered companies of LOLC Group currently have 5 directors; the longest-serving is Shehan Asela Bartholomeuz, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shehan Asela Bartholomeuz DIN 09782644 | Director | 04 Nov 2022 | 4 yrs | Lolc India Holdings (Ifsc) Private Limited |
| Prashant Subhash Thakker DIN 07405451 | Director | 04 Nov 2022 | 4 yrs | Lolc India Holdings (Ifsc) Private Limited, Lolc India Finance Private Limited |
| F Kankanamalage Conrad Prasad Niroshan Dias DIN 10325642 | Director | 17 Sep 2023 | 3 yrs 1 mo | Lolc India Finance Private Limited |
| Dulip Rasika Samaraweera DIN 10325643 | Non- Individual Subscriber | 17 Sep 2023 | 3 yrs 1 mo | Lolc India Finance Private Limited |
| Ramanathan Annamalai DIN 02645247 | Director | 28 Jun 2024 | 2 yrs 4 mo | Lolc India Finance Private Limited |
People of LOLC Group
32 people are tracked at LOLC Group (17 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Saalim Zulkifly | Head Of Finance - Kyrgyzstan | Leadership |
Sanjeewa Jayawickrama | Head Of HR For Maldives Projects And Head Of Revenue Share Monitoring Dep In Browns Plantation Com. | Leadership |
D.M.D. Krishan Thilakaratne | Chief Executive Officer | Leadership |
Indika Dharmawansa | Head Of Human Resources - Browns Hotels & Resorts | Leadership |
Pradeep U. | Chief Human Resource Officer - LOLC Group | Leadership |
Thavy Leng | Head Of Human Resources Department | Leadership |
Panduka Weerasingha | Chief Excecutive Officer -strategic Investments - LOLC Investment(pvt) Ltd | Leadership |
Gayantha Weerakoon | Chief Manager-enterprise Risk Management | Leadership |
Romaine Baptiste | Head Of HR - International Operations / AGM - HR - LOLC Group | Leadership |
Loy Long | Deputy Head Of Business Development | Leadership |
Suresh Perera | Chief Manager - Strategic Accounts | Leadership |
Roshan Gunawardena | Country Head - African Region | Leadership |
Dishan Perera | Chief Business Development Officer - Leisure | Leadership |
Shiraz Refai | Head Of Strategic Initiatives - International Operations (mena Region) | Leadership |
Lahiru Rangana Silva | Regional Business Head (rwanda) | Leadership |
Gayani de Silva | Chief Officer - Customer Relationship Management | Leadership |
Malinga Chandrasekera | Chief Manager - Business Acquisition & Development | Leadership |
Arjuna Ians Fernando | Manager | Team |
April Dawn Lorzano - Bernardo | Branding Consultant | Team |
Praveen Appuhamy | Deputy Manager Human Resources | Team |
12 more people are available in the full profile.
Complete people profiles for LOLC Group
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
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Microcredit services are provided to clients in Kenya. | keymicrofinancebank.com | Nairobi, Kenya | 2011 | Jan 2022 | •••• | |
Microfinance services are extended to clients across Cambodia. | prasac.com.kh | Phnom Penh, Cambodia | 1995 | Mar 2017 | •••• | |
Microfinance banking services are provided in Pakistan. | pomicro.com | Karachi, Pakistan | 2006 | Feb 2017 | •••• |
Complete acquisition details for LOLC Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
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Timeline of LOLC Group
6 dated milestones of LOLC Group across 45 years, from founding to its latest funding, stage changes and deals.
- Founded LOLC Group is founded.
- Funding First funding round of $247.0M.
- Acquisition Acquires PakOman Microfinance Bank.
- Acquisition Acquires PRASAC.
- Acquisition Acquires KEY Microfinance Bank.
- Funding Latest funding round, Series A, of $4.5M.
Competitors of LOLC Group
LOLC Group has 3 listed competitors in our database. They include People's Leasing & Finance PLC, Alliance Finance and Commercial Credit and Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| plc.lk | 1995 | Colombo, Sri Lanka | Motor vehicles financing firm | |||
| alliancefinance.lk | 1956 | Colombo, Sri Lanka | Provider of personal, gold, equipment, and other loan services | |||
| cclk.lk | 1982 | Kandy, Sri Lanka | Diversified NBFI |
Detailed competitors of LOLC Group
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- Full competitor set
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Web traffic of LOLC Group
The website of LOLC Group (lolc.com) receives about 5.9K visits a month.
- Monthly visits5.9K
▼ 31.6% vs previous month
Websites whose visitors overlap most with LOLC Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lankaorix.com | lankaorix.com | 100% | – | ||
| plc.lk | 99% | 61.7K | #748,361 | View details | |
| clc.lk | 97% | View details | |||
| lolcfinance.com | 92% | 20.7K | #924,617 | View details | |
| cdb.lk | 86% | 15.9K | #1,544,957 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for LOLC Group
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Lolc Group
Complete news archive for LOLC Group
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Frequently Asked Questions about LOLC Group
LOLC Group was founded in 1980 and raised its 1st funding round 36 years after it was founded.
LOLC Group is headquartered in Sri Jayawardenepura Kotte, Sri Lanka. It is registered at Sri Jayawardenepura Kotte, Western Province, Sri Lanka.
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 $247M, raised on Feb 2016.
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.
LOLC Group's top competitors include People's Leasing & Finance PLC, Alliance Finance and Commercial Credit and Finance.
LOLC Group offers Financial Services, Leisure, Agriculture & Plantations, Manufacturing & Trading, and Digital Empowerment.
LOLC Group has made 3 acquisitions, including KEY Microfinance Bank, PRASAC, and PakOman Microfinance Bank.
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.
LOLC Group is associated with 2 legal entities: Lolc India Finance Private Limited, Lolc India Holdings (Ifsc) Private Limited.
The legal entities of LOLC Group currently have 7 directors, including Shehan Asela Bartholomeuz, Prashant Subhash Thakker, F Kankanamalage Conrad Prasad Niroshan Dias and others.
Yes. LOLC Group publishes LOLC Realtime.