About Micro Housing Finance Corporation
Micro Housing Finance Corporation is a company based in Mumbai (India) founded in 2008 was acquired by Svatantra Microfinance in September 2018.. Micro Housing Finance Corporation has raised $10.94 million across 2 funding rounds from investors including Svatantra Microfinance, Unilazer Ventures and Caspian Equity. The company has 805 employees as of June 30, 2023. Micro Housing Finance Corporation operates in a competitive market with competitors including FlexiLoans, Clix Capital, InCred, DMI Finance and Niyogin, among others.
- Headquarter Mumbai, India
- Employees 805 as on 30 Jun, 2023
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$12.44 M (USD)21as on Mar 31, 2021
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Net Profit
$778.17 K (USD)132as on Mar 31, 2021
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EBITDA
$9.44 M (USD)23as on Mar 31, 2021
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Total Equity Funding
$10.94 M (USD)
in 2 rounds
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Latest Funding Round
$5.56 M (USD), Series A
Sep 17, 2013
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Investors
Svatantra Microfinance
& 3 more
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Employee Count
805
as on Jun 30, 2023
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Acquired by
Svatantra Microfinance
(Sep 28, 2018)
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Funding Insights of Micro Housing Finance Corporation
Micro Housing Finance Corporation has successfully raised a total of $10.94M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.56 million completed in September 2013. 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 2
- Last Round Series A — $5.6M
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First Round
First Round
(14 Oct 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2013 | Amount | Series A - Micro Housing Finance Corporation | Valuation | Unilazer Ventures | |
| Oct, 2009 | Amount | Series A - Micro Housing Finance Corporation | Valuation | Michael & Susan Dell Foundation , Caspian Equity |
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| 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 Micro Housing Finance Corporation
Micro Housing Finance Corporation has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Svatantra Microfinance, Unilazer Ventures and Caspian Equity. 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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Early- and late-stage investments are managed by Unilazer Ventures.
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Founded Year | Domain | Location | |
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Investment advisory and fund management services for SMEs and agriculture in India.
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Founded Year | Domain | Location | |
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Education and poverty initiatives are funded by the foundation.
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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 Micro Housing Finance Corporation
| 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 |
Financial Statements - Micro Housing Finance Corporation
| 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 |
Micro Housing Finance Corporation Comparisons
Competitors of Micro Housing Finance Corporation
Micro Housing Finance Corporation 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 FlexiLoans, Clix Capital, InCred, DMI Finance and Niyogin, 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 |
Business loans and financial products for MSMEs are provided.
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| domain | founded_year | HQ Location |
Lending platform for consumers and businesses is provided.
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| domain | founded_year | HQ Location |
Financial services are provided, specializing in personal and business loans.
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| domain | founded_year | HQ Location |
Personal, MSME, consumption, and EV loans are provided digitally.
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| domain | founded_year | HQ Location |
Online lending marketplace for business loans
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| domain | founded_year | HQ Location |
Solar financing solutions are provided by Credit Fair in India.
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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 Micro Housing Finance Corporation
Frequently Asked Questions about Micro Housing Finance Corporation
When was Micro Housing Finance Corporation founded?
Micro Housing Finance Corporation was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Micro Housing Finance Corporation located?
Micro Housing Finance Corporation is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Micro Housing Finance Corporation a funded company?
Micro Housing Finance Corporation is a funded company, having raised a total of $10.94M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.38M, raised on Oct 14, 2009.
How many employees does Micro Housing Finance Corporation have?
As of Jun 30, 2023, the latest employee count at Micro Housing Finance Corporation is 805.
What is the annual revenue of Micro Housing Finance Corporation?
Annual revenue of Micro Housing Finance Corporation is $12.44M as on Mar 31, 2021.
What does Micro Housing Finance Corporation do?
Micro Housing Finance Corporation was established in 2008 and is headquartered in Mumbai, India. Operations are focused on the housing finance sector, where loans are extended to support affordable housing needs. Services target low-income and middle-income groups in urban areas across India. The company maintains a presence through its domain, mhfcindia.com, facilitating access to these financial products in key metropolitan regions.
Who are the top competitors of Micro Housing Finance Corporation?
Micro Housing Finance Corporation's top competitors include InCred, FlexiLoans and Clix Capital.
Who are Micro Housing Finance Corporation's investors?
Micro Housing Finance Corporation has 4 investors. Key investors include Svatantra Microfinance, Unilazer Ventures, Caspian Equity, and MSDF.