Midland Microfin

Jalandhar, India Founded: 2011 • Age: 15 yrs
Micro loans are extended to low-income women in Punjab.

About Midland Microfin

Midland Microfin is a Financial Services company based in Jalandhar (India) founded in 2011. It operates as a micro loans are extended to low-income women in Punjab. Midland Microfin has raised $3.1 million across 1 funding round from investors including Aviator Emerging Market Fund. The company has 4,612 employees. Its chief executive is Amardeep Samra. Its Indian entity Midland Microfin Limited reported revenue of β‚Ή636 Cr. Midland Microfin offers products and services including Loan Products and Insurance Services. Its focus areas include Microfinance, Microcredit, Internet-First and Sustainability Tech. Its competitors include Ekagrata Fi nce, Keshava Prabha Microfin, Grameen Shakti Micro Finance Services, Sahyog Microfinance and Creditlah and 1 more.

Company details

Midland Microfin was founded in 2011 and operates in the microfinance sector. Micro loans are provided to women from low-income groups, primarily in Punjab, using a joint liability group model for income-generation activities. Operations are conducted through a network of 28 branches across 3 states and 18 districts, serving over 68,000 borrowers with an outstanding loan portfolio of Rs. 52 crore.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹636 Cr

    FY 2025 · +19% YoY

  • Net Profit
    ₹26.67 Cr

    FY 2025 · 4% margin

  • EBITDA
    ₹303 Cr

    FY 2025 · 48% margin

  • Total Equity Funding
    $3.1M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.1M (USD), Series A

    May 2020

  • Investors
  • Employee Count
    4,612

Products & Services of Midland Microfin

Midland Microfin offers a comprehensive portfolio of products and services, including Loan Products and Insurance Services.

Loan Products
Financial Services

Microloans for low-income individuals to support small enterprises

Insurance Services
Financial Services

Insurance options for clients to enhance financial security

Apps and channels of Midland Microfin

its YouTube channel Midland Microfin Ltd. has 617 subscribers and 30 videos.

Midland Microfin Ltd.
YouTube 617 subscribers 30 videos Science & Technology
Open channel

Videos from Midland Microfin

The most watched videos on Midland Microfin's YouTube channel, Midland Microfin Ltd. (617 subscribers). Click a video to play it here.

Rewards & Recognition Midland Microfin Ltd Head Office
2K views
How Midland Microfin Empowers Communities | #FinanceForChange
1.6K views
Midland Microfin: World Music Day Celebration
1.5K views
MidFin Customer Service Application
1.3K views

More on Midland Microfin Ltd..

Funding Insights of Midland Microfin

Midland Microfin has successfully raised a total of $3.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.1 million completed in May 2020. 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 $3.1M
  • Total Rounds 1
  • Last Round Series A β€” $3.1M
  • First Round $3.1M

    (May 2020)

  • Investors Count 1

All 1 funding rounds of Midland Microfin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2020$3.1MSeries A–Aviator Emerging Market Fund
–
Valuation history

1 investors in total: 1 institutional.

Investors in Midland Microfin

Midland Microfin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Aviator Emerging Market Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment fund focusing on emerging markets and financial services sectors.
2019aviator-emf.comEbene City, Mauritius
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Investor details for Midland Microfin

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Board of directors of Midland Microfin Limited (Midland Microfin)

Midland Microfin Limited is the primary company behind Midland Microfin. The board of Midland Microfin Limited currently have 7 directors; the longest-serving is Amardeep Singh Samra, appointed in 2010. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amardeep Singh Samra
DIN 00649442
Managing Director07 Jun 201016 yrs 4 moMidland Microfin Limited
Sachin Nithyanand Kamath
DIN 01592593
Nominee Director31 Mar 201610 yrs 6 moMidland Microfin Limited
Kamna Raj Aggarwalla
DIN 07009446
Director17 Aug 201610 yrs 2 moMidland Microfin Limited
Santokh Singh Chhokar
DIN 00514356
Director21 Dec 20214 yrs 9 moMidland Microfin Limited
Parveen Kumar Gupta
DIN 02895343
Director21 Dec 20214 yrs 9 moMidland Microfin Limited
Ashwani Kumar Jindal
DIN 00670384
Director11 Aug 20224 yrs 2 moMidland Microfin Limited
Shant Kumar Gupta
DIN 01571485
Additional Director29 Jan 20268 moMidland Microfin Limited

People of Midland Microfin

1 people are tracked at Midland Microfin (1 in leadership); the tracked headcount is 4,612.

NameRoleGroup
CEO & MDLeadership
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Financials of Midland Microfin

Figures of Midland Microfin Limited, the primary company behind Midland Microfin, for FY 2025. Revenue was ₹636 Cr (+19% year on year). Net profit was ₹26.67 Cr (4% margin). EBITDA was ₹303 Cr (48% margin). Revenue has grown at a compounded annual rate of +43% over three years and +28% over five years.

  • ₹636 CrRevenue · FY 2025 · +19% YoY
  • ₹26.67 CrNet profit · 4% margin
  • ₹303 CrEBITDA · 48% margin
  • ₹51.49 CrPaid-up capital
  • 5,281Employees (provident fund records)
  • +43%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Midland Microfin Limited are on its company page.

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Detailed financial statements for Midland Microfin

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Timeline of Midland Microfin

2 dated milestones of Midland Microfin across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Midland Microfin is founded.
  2. Funding First funding round of $3.1M.

Competitors of Midland Microfin

Midland Microfin has 6 listed competitors in our database. They include Ekagrata Fi nce, Keshava Prabha Microfin, Grameen Shakti Micro Finance Services, Sahyog Microfinance and Creditlah, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ekagratafinance.com2018Bengaluru, India–175
Provider of a digital lending platform
kpmicrofin.in2017Kochi, India–169
Offers digital microfinance loans with paperless and cashless processes in India.
grameenshakti.co.in2016Kolkata, India–159
Offers microfinance loans and services to empower low-income women in India.
sahyogmicrofinance.in2016Ghaziabad, India––
Offers microfinance loans, savings, and deposits to underserved populations in India.
creditlah.com2017Hyderabad, India––
Provides convenient installment services for electrical appliances with high approval rates.
microfinancebazaar.com2022Varanasi, India––
An AI and SaaS-based P2P lending platform for consumers.
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Detailed competitors of Midland Microfin

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Web traffic of Midland Microfin

The website of Midland Microfin (midlandmicrofin.com) receives about 8.2K visits a month.

  • Monthly visits
    8.2K

    ▲ 285% vs previous month

Top companies in Microfinance

10 companies that operate in the same segment as Midland Microfin (Microfinance), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Microfinance banking services are offered in India by ESAF.
1992Thrissur, Kerala, IndiaUSD 101.74 MUSD 474.19 M12,520
Micro loans for businesses are offered by this NBFC.
1990Delhi, Delhi, IndiaUSD 40 MUSD 310.26 M15,190
Provider of microloans
2010Delhi, Delhi, India–USD 71.68 M12,403
Provider of micro-credit & insurance for low income income individuals and women
1997Secunderabad, Telangana, IndiaUSD 144.02 MUSD 208.71 M38,310
Microfinance loans are extended to low-income women entrepreneurs.
2010Ernakulam, Kerala, IndiaUSD 138.19 MUSD 251.96 M10,650
Micro loans for consumers are provided by Asirvad Microfinance.
2009Chennai, Tamil Nadu, IndiaUSD 1.75 MUSD 94.88 M16,309
Microfinance and banking services are provided to urban poor communities.
2005Bengaluru, Karnataka, IndiaUSD 238.31 MUSD 857.24 M24,370
Microcredit services are provided to rural women for financial inclusion.
2012Mumbai, Maharashtra, IndiaUSD 232.92 MUSD 49.44 M10,779
Avanti Finance is focused on providing affordable financial services.
2016Bengaluru, Karnataka, IndiaUSD 79.74 MUSD 13.6 M87
Microfinance services offering loans to low-income households in India.
1999Bengaluru, Karnataka, India–––
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Related news about Midland Microfin

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Frequently Asked Questions about Midland Microfin

Midland Microfin was founded in 2011 and raised its 1st funding round 9 years after it was founded.

Midland Microfin is headquartered in Jalandhar, India. It is registered at Jalandhar, Punjab, India.

Amardeep Samra is the current CEO of Midland Microfin.

Midland Microfin is a funded company, having raised a total of $3.1M across 1 funding round to date. The company's 1st funding round was a Series A of $3.1M, raised on May 2020.

Midland Microfin has 4,612 employees.

The primary company behind Midland Microfin, Midland Microfin Limited, reported revenue of β‚Ή636 Cr for FY 2025, up 19% year on year.

Midland Microfin was founded in 2011 and operates in the microfinance sector. Micro loans are provided to women from low-income groups, primarily in Punjab, using a joint liability group model for income-generation activities. Operations are conducted through a network of 28 branches across 3 states and 18 districts, serving over 68,000 borrowers with an outstanding loan portfolio of Rs. 52 crore.

Midland Microfin's top competitors include Ekagrata Fi nce, Sahyog Microfinance and Creditlah.

Midland Microfin offers Loan Products and Insurance Services.

Midland Microfin has 1 investor. Key investors include Aviator Emerging Market Fund.

Midland Microfin operates through Midland Microfin Limited.

The legal entities of Midland Microfin currently have 9 directors, including Kamna Raj Aggarwalla, Santokh Singh Chhokar, Amardeep Singh Samra and others.

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