About M Power Micro Finance
M Power Micro Finance is a Financial Services company based in Mumbai (India) founded in 2009. Microcredit and micro-insurance are provided to SMEs. M Power Micro Finance has raised $3.52 million across 4 funding rounds from investors including Au Financiers and IndiaNivesh. The company has 383 employees. M Power Micro Finance was last valued at $7.07 million in March 2018. Its Indian entity M Power Micro Finance Private Limited reported revenue of ₹1.72 Cr. 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
M Power Micro Finance was founded in 2009 in Mumbai, India. Microcredit and micro-insurance services are extended to small and medium-sized enterprises within the microfinance sector. Operations are centered on facilitating financial access for SMEs. The domain mpowermicro.com is utilized for online presence. Activities are conducted primarily in India, supporting business growth through targeted financial products.
- Headquarters Mumbai, India
- Employees 383
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mpowermicro.com
- Social LinkedIn Facebook
- Legal Name M Power Micro Finance Private Limited
- Date of Incorporation 19 Nov, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.72 Cr
FY 2024 · +86% YoY
- Net Profit₹49.9 Lakh
FY 2024
- EBITDA-₹20.51 Cr
FY 2024 · -1194% margin
- Total Equity Funding$3.52M (USD)
in 4 rounds
- Latest Funding Round$1.54M (USD), Seed
Mar 2018
- InvestorsAu Financiers
& 1 more
- Employee Count383
Associated legal entities of M Power Micro Finance
M Power Micro Finance operates through M Power Micro Finance Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| M Power Micro Finance Private Limited CIN U65999MH2009PTC197149 | Active | 19 Nov 2009 | Mumbai, Maharashtra | ₹1.7 Cr | 383 | 4 | View details |
Funding Insights of M Power Micro Finance
M Power Micro Finance has successfully raised a total of $3.52M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.54 million completed in March 2018. 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 $3.52M
- Total Rounds 4
- Last Round Seed — $1.54M
- First Round $750,000
(Dec 2013)
- Investors Count 2
All 4 funding rounds of M Power Micro Finance 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 |
|---|---|---|---|---|---|
| Mar 2018 | $1.54M | Seed | $7.07M | IndiaNivesh | – |
| Mar 2017 | $1.23M | Seed | $5.54M | IndiaNivesh | – |
| Mar 2016 | $744,590 | Debt – Conventional | – | – | – |
| Dec 2013 | $750,000 | Private Equity Round | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2018 | $7.07M | •••••••• |
| Mar 2017 | $5.54M | •••••••• |
Last known valuation $7.07M (Mar 2018). 2 investors in total: 2 institutional.
Investors in M Power Micro Finance
M Power Micro Finance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Au Financiers and IndiaNivesh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services including advisory and management are offered in India. | 2006 | indianivesh.in | Mumbai, India | |
Limited information available | 1996 | aufin.in | Jaipur, India |
Investor details for M Power Micro Finance
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Board of directors of M Power Micro Finance Private Limited (M Power Micro Finance)
M Power Micro Finance Private Limited is the primary company behind M Power Micro Finance. The board of M Power Micro Finance Private Limited currently have 3 directors; the longest-serving is Kozhiyalam Veeraraghavan Balaji, appointed in 2009. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kozhiyalam Veeraraghavan Balaji DIN 02776220 | Managing Director | 19 Nov 2009 | 16 yrs 11 mo | M Power Micro Finance Private Limited |
| Desh Raj Dogra DIN 00226775 | Director | 01 Oct 2024 | 2 yrs 1 mo | M Power Micro Finance Private Limited |
| Shrikant Sapre DIN 10943054 | Director | 27 May 2025 | 1 yr 5 mo | M Power Micro Finance Private Limited |
Financials of M Power Micro Finance
Figures of M Power Micro Finance Private Limited, the primary company behind M Power Micro Finance, for FY 2024. Revenue was ₹1.72 Cr (+86% year on year). Net profit was ₹49.9 Lakh. EBITDA was -₹20.51 Cr (-1194% margin). Revenue has grown at a compounded annual rate of -65% over three years and -49% over five years.
- ₹1.72 CrRevenue · FY 2024 · +86% YoY
- ₹49.9 LakhNet profit
- -₹20.51 CrEBITDA · -1194% margin
- ₹28.84 CrPaid-up capital
- 383Employees (provident fund records)
- -65%Revenue CAGR, 3 years
- -49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of M Power Micro Finance Private Limited are on its company page.
Detailed financial statements for M Power Micro Finance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of M Power Micro Finance
4 dated milestones of M Power Micro Finance across 9 years, from founding to its latest funding, stage changes and deals.
- Founded M Power Micro Finance is founded.
- Funding First funding round of $750K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of M Power Micro Finance
M Power Micro Finance 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 M Power Micro Finance
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Top companies in Microfinance
3 companies that operate in the same segment as M Power Micro Finance (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 | 752 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about M Power Micro Finance
M Power Micro Finance was founded in 2009 and raised its 1st funding round 4 years after it was founded.
M Power Micro Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
M Power Micro Finance is a funded company, having raised a total of $3.52M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $750K, raised on Dec 2013.
M Power Micro Finance has 383 employees.
The primary company behind M Power Micro Finance, M Power Micro Finance Private Limited, reported revenue of ₹1.72 Cr for FY 2024, up 86% year on year.
M Power Micro Finance was founded in 2009 in Mumbai, India. Microcredit and micro-insurance services are extended to small and medium-sized enterprises within the microfinance sector. Operations are centered on facilitating financial access for SMEs. The domain mpowermicro.com is utilized for online presence. Activities are conducted primarily in India, supporting business growth through targeted financial products.
M Power Micro Finance's top competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank.
M Power Micro Finance has 2 investors. Key investors include Au Financiers, and IndiaNivesh.
The valuation of M Power Micro Finance is $7.07M as of Mar 2018.
M Power Micro Finance operates through M Power Micro Finance Private Limited.
The legal entities of M Power Micro Finance currently have 4 directors, including Kozhiyalam Veeraraghavan Balaji, Birajkumar Hasmukhlal Pancholi, Desh Raj Dogra and others.