About MicroGraam
MicroGraam is a company based in Bengaluru (India) founded in 2009. MicroGraam has raised $859.22 thousand across 4 funding rounds from investors including Manipal Group, Axilor Ventures and Venkatraman Balakrishnan. MicroGraam operates in a competitive market with competitors including Z2P, DailyPe, p2p Microfinance, Svadhan and Kiara Microcredit, among others.
- Headquarter Bengaluru, India
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$11.87 K (USD)-29as on Mar 31, 2021
-
Net Profit
-$23.31 K (USD)64as on Mar 31, 2021
-
EBITDA
-$22.81 K (USD)64as on Mar 31, 2021
-
Total Equity Funding
$859.22 K (USD)
in 4 rounds
-
Latest Funding Round
$57.75 K (USD), Seed
Mar 29, 2019
-
Investors
Manipal Group
& 9 more
-
Employee Count
Employee Count
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
Funding Insights of MicroGraam
MicroGraam has successfully raised a total of $859.22K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $57.75 thousand completed in March 2019. 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 Seed — $57,748
-
First Round
First Round
(16 Feb 2012)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Seed - MicroGraam | Valuation | Manipal Group | |
| Mar, 2018 | Amount | Seed - MicroGraam | Valuation | Venkatraman Balakrishnan | |
| Sep, 2013 | Amount | Seed - MicroGraam | Valuation | Artha Venture Challenge |
|
Investors in MicroGraam
MicroGraam has secured backing from 10 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Manipal Group, Axilor Ventures and Venkatraman Balakrishnan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Angel investor network for businesses
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in early-stage startups in technology sectors.
|
Founded Year | Domain | Location | |
|
Sector agnostic startup incubator
|
Founded Year | Domain | Location |
Investments & Acquisitions by MicroGraam
Financial Statements - MicroGraam
Micrograam Comparisons
Competitors of MicroGraam
MicroGraam 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 Z2P, DailyPe, p2p Microfinance, Svadhan and Kiara Microcredit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Microloans are facilitated via a P2P lending platform for consumers.
|
|
| domain | founded_year | HQ Location |
Online lending marketplace for business financing
|
|
| domain | founded_year | HQ Location |
Operates a peer-to-peer microfinance platform.
|
|
| domain | founded_year | HQ Location |
Developer of a microfinance marketplace app connecting lenders and microfinance customers
|
|
| domain | founded_year | HQ Location |
Operates an online platform offering micro loans to individuals.
|
Latest news on Micrograam
Frequently Asked Questions about MicroGraam
MicroGraam was founded in 2009 and raised its 1st funding round 3 years after it was founded.
MicroGraam is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MicroGraam is a funded company, having raised a total of $859.22K across 4 funding rounds to date. The company's 1st funding round was a Seed of $36.85K, raised on Feb 16, 2012.
Annual revenue of MicroGraam is $11.87K as on Mar 31, 2021.
MicroGraam was established in 2009 in Bengaluru, India, as a peer-to-peer lending platform focused on microloans. Borrowers from rural areas, including farmers and local store owners, are matched with lenders through borrower profiles. Amounts are lent by lenders at predetermined interest rates, with quarterly repayments directed to My MicroGraam accounts. Operations center on financial access for underserved communities in the microfinance sector.
MicroGraam has 10 investors. Key investors include Manipal Group, Axilor Ventures, Venkatraman Balakrishnan, Chandramouli Janakiraman, and 72 Degrees.
The valuation of MicroGraam is $971.86K as of Mar 2019.