About M-CRIL
M-CRIL is a Financial Services company based in Gurugram (India) founded in 1998 by Frances Sinha and Sanjay Sinha. Financial ratings and credits for microfinance institutions are offered. It operates in the Financial Services, Business Services, and Technology sectors. The company has 27 employees. M-CRIL was last valued at $3.12 million in August 2017. Its Indian entity M-Cril Limited reported revenue of ₹7.88 Cr. M-CRIL offers products and services including Ratings and Certifications, Due Diligence, Research and Evaluation, and Capacity Building. Its focus areas include Enterprise Applications, Data as a Service, Business and Credit Ratings.
Company details
Credits and financial ratings for microfinance institutions. It provides a trend analysis of the sector for the benefit of MFIs, investors, donors, government, bilateral and multilateral agencies as well as lenders by utilizing its databank. Also provides support in business planning for restructuring and products and services assessment of MFIs to meet the current market demands. It is specialized in the areas of impact assessment, economic development, digital financial services, client protection, social performance management, and others.
- Headquarters Gurugram, India
- Employees 27
- Founders Frances Sinha, Sanjay Sinha
- Stage Minicorn
- SectorsFinancial ServicesBusiness Services Technology
- Email••••••••
- Phone•••• ••••
- Website m-cril.com
- Social LinkedIn Facebook YouTube
- Legal Name M-Cril Limited
- Date of Incorporation 08 Jun, 1999
- Jurisdiction Delhi, India
- Annual Revenue₹7.88 Cr
FY 2025 · -1% YoY
- Net Loss-₹1.08 Cr
FY 2025 · -14% margin
- EBITDA-₹96.8 Lakh
FY 2025 · -12% margin
- Latest Funding Round$441.92K (USD), Unspecified
Aug 2017
- Investors
- Employee Count27
Associated legal entities of M-CRIL
M-CRIL operates through M-Cril Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| M-Cril Limited CIN U74899DL1999PLC109396 | Active | 08 Jun 1999 | New Delhi, Delhi | ₹7.9 Cr | 27 | 7 | View details |
Products & Services of M-CRIL
M-CRIL offers a comprehensive portfolio of products and services, including Ratings and Certifications, Due Diligence, Research and Evaluation, and Capacity Building.
Services for rating inclusive finance providers
Assessments for commercial and ESG compliance
Conducts impact and market research studies
Programs for risk management and social performance
Apps and channels of M-CRIL
its YouTube channel M-CRIL - inclusive microeconomics has 50 subscribers and 8 videos.
Videos from M-CRIL
The most watched videos on M-CRIL's YouTube channel, M-CRIL - inclusive microeconomics (50 subscribers). Click a video to play it here.
More on M-CRIL - inclusive microeconomics.
Funding Insights of M-CRIL
- Total Rounds 1
- Last Round Unspecified — $441,921
- First Round $441,921
(Aug 2017)
- Investors Count 1
All 1 funding rounds of M-CRIL 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 |
|---|---|---|---|---|---|
| Aug 2017 | $441,921 | Unspecified | $3.12M | Asian Development Bank | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2017 | $3.12M | •••••••• |
Last known valuation $3.12M (Aug 2017). 1 investors in total: 1 institutional.
Investors in M-CRIL
M-CRIL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Asian Development Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Advisory services and financial resources are mobilized for development projects. | 1966 | adb.org | Mandaluyong, Philippines |
Investor details for M-CRIL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of M-Cril Limited (M-CRIL)
M-Cril Limited is the primary company behind M-CRIL. The board of M-Cril Limited currently have 7 directors; the longest-serving is Frances Mary Elizabeth Sinha, appointed in 1999. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Frances Mary Elizabeth Sinha DIN 01468780 | Director | 08 Jun 1999 | 27 yrs 5 mo | M-Cril Limited |
| Sanjay Sinha DIN 00057922 | Managing Director | 08 Jun 1999 | 27 yrs 5 mo | M-Cril Limited |
| Tanmay Chetan DIN 03594936 | Director | 28 Jan 2020 | 6 yrs 9 mo | M-Cril Limited |
| Hemendra Mathur DIN 02447059 | Director | 09 Apr 2020 | 6 yrs 7 mo | M-Cril Limited |
| Vivek Rae DIN 01866765 | Director | 20 Aug 2021 | 5 yrs 2 mo | M-Cril Limited |
| Ashok Kumar DIN 10668187 | Director | 21 May 2024 | 2 yrs 5 mo | M-Cril Limited |
| Sudhir Narayan DIN 10668226 | Director | 21 May 2024 | 2 yrs 5 mo | M-Cril Limited |
People of M-CRIL
2 people are tracked at M-CRIL (2 in leadership); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for M-CRIL
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
Verified entity values are shown only after access is granted.
Financials of M-CRIL
Figures of M-Cril Limited, the primary company behind M-CRIL, for FY 2025. Revenue was ₹7.88 Cr (-1% year on year). Net loss was -₹1.08 Cr (-14% margin). EBITDA was -₹96.8 Lakh (-12% margin). Revenue has grown at a compounded annual rate of +4% over three years and 0% over five years.
- ₹7.88 CrRevenue · FY 2025 · -1% YoY
- -₹1.08 CrNet loss · -14% margin
- -₹96.8 LakhEBITDA · -12% margin
- ₹43.7 LakhPaid-up capital
- 27Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of M-Cril Limited are on its company page.
Detailed financial statements for M-CRIL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of M-CRIL
3 dated milestones of M-CRIL across 19 years, from founding to its latest funding, stage changes and deals.
- Founded M-CRIL is founded.
- Funding First funding round of $442K.
- Milestone Reaches Minicorn status.
Web traffic of M-CRIL
The website of M-CRIL (m-cril.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 67.8% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about M-Cril
Complete news archive for M-CRIL
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M-CRIL
M-CRIL was founded in 1998 and raised its 1st funding round 19 years after it was founded.
M-CRIL is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
M-CRIL has 27 employees.
The primary company behind M-CRIL, M-Cril Limited, reported revenue of ₹7.88 Cr for FY 2025, down 1% year on year.
Credits and financial ratings for microfinance institutions. It provides a trend analysis of the sector for the benefit of MFIs, investors, donors, government, bilateral and multilateral agencies as well as lenders by utilizing its databank. Also provides support in business planning for restructuring and products and services assessment of MFIs to meet the current market demands. It is specialized in the areas of impact assessment, economic development, digital financial services, client protection, social performance management, and others.
M-CRIL offers Ratings and Certifications, Due Diligence, Research and Evaluation, and Capacity Building.
M-CRIL has 1 investor. Key investors include Asian Development Bank.
The valuation of M-CRIL is $3.12M as of Aug 2017.
M-CRIL operates through M-Cril Limited.
The legal entities of M-CRIL currently have 7 directors, including Frances Mary Elizabeth Sinha, Vivek Rae, Tanmay Chetan and others.