About Samasta Micro Finance
Samasta Micro Finance is a Financial Services company based in Bengaluru (India) founded in 2008 by G Prema Narayanaswamy and V A Narayanaswamy, and was acquired by IIFL Finance in November 2016. Micro loans are provided in Karnataka and Tamil Nadu. Samasta Micro Finance has raised $1.92 million across 5 funding rounds from investors including IIFL Finance, SIDBI and Kalpathi Investments. The company has 18,083 employees. Samasta Micro Finance was last valued at $3.64 million in April 2010. Its Indian entity Iifl Samasta Finance Limited reported revenue of ₹2,265 Cr. Its focus areas include Microfinance, Microcredit and Sustainability Tech. Its competitors include Ujjivan Small Finance Bank, Jana Small Finance Bank and AU Small Finance Bank; 3 of its 3 listed competitors have raised funding.
Company details
Samasta Micro Finance was founded in 2008 and is headquartered in Bengaluru, India. The company operates in the microfinance sector, where small loans are extended to low-income individuals and groups in rural areas of Karnataka and Tamil Nadu. Leadership includes co-founders G Prema Narayanaswamy and V A Narayanaswamy, supported by Executive Director Shivaprakash Deviah. Focus remains on financial access for underserved populations through established branch networks.
- Headquarters Bengaluru, India
- Employees 18,083
- Founders G Prema Narayanaswamy, V A Narayanaswamy
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website samasta.co.in
- Social LinkedIn
- Acquired by IIFL Finance (Nov 2016)
- Legal Name Iifl Samasta Finance Limited
- Date of Incorporation 09 Aug, 1995
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,265 Cr
FY 2026 · -12% YoY
- Net Profit₹21.30 Cr
FY 2026 · 1% margin
- Total Equity Funding$1.92M (USD)
in 5 rounds
- Latest Funding Round$397.92K (USD), Seed
Mar 2015
- InvestorsIIFL Finance
& 11 more
- Employee Count18,083
- Acquired byIIFL Finance
(Nov 2016)
Associated legal entities of Samasta Micro Finance
Samasta Micro Finance operates through Iifl Samasta Finance Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iifl Samasta Finance Limited CIN U65191KA1995PLC057884 | Active | 09 Aug 1995 | Bengaluru, Karnataka | ₹2,265 Cr | 18,581 | 8 | View details |
Funding Insights of Samasta Micro Finance
Samasta Micro Finance has successfully raised a total of $1.92M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $397.92 thousand completed in March 2015. 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 $1.92M
- Total Rounds 5
- Last Round Seed — $397,918
- First Round $328,748
(Jul 2008)
- Investors Count 11
All 5 funding rounds of Samasta 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 2015 | $397,918 | Seed | – | SIDBI | – |
| Apr 2010 | $449,968 | Angel Round | $3.64M | B H Krishnamurthy, Sanjay Shenoy | – |
| Dec 2009 | $384,215 | Seed | $1.83M | Kalpathi Investments | – |
| Oct 2009 | $357,930 | Angel Round | – | Roopa J Shetty | |
| Jul 2008 | $328,748 | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2010 | $3.64M | •••••••• |
| Dec 2009 | $1.83M | •••••••• |
Last known valuation $3.64M (Apr 2010). 12 investors in total: 3 institutional and 9 angel.
Investors in Samasta Micro Finance
Samasta Micro Finance has secured backing from 12 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include IIFL Finance, SIDBI and Kalpathi Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services focused on innovation-driven industries and markets influenced by globalization. | kalpathiinvestments.com | Chennai, India | ||
Financial support is extended to micro, small, and medium enterprises. | 1990 | sidbi.in | Lucknow, India | |
Online gold, home, personal, and business loans are provided. | 1995 | iifl.com | Mumbai, India | |
BH B H Krishnamurthy | Angel investor and mentor, focused on Indian startups and technology innovation. | unknown_3324c802462a420b8 | ||
SS Sanjay Shenoy | unknown_a69a3f289aa74502a | |||
RJ Roopa J Shetty | unknown_260f8141f7ec47c0a | |||
BB Basavarajeshwari Bhoomraddi | unknown_917ae43580b044eaa | |||
RJ R Jegannath | unknown_64735ecea1954cc9b | |||
VN Venkatesh N | Angel investor and entrepreneur, co-founder of DuetCode, focused on tech startups | unknown_d97c198985be45be9 | ||
SD Shivaprakash D | unknown_19c036fbd88245e48 |
Investor details for Samasta Micro Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Iifl Samasta Finance Limited (Samasta Micro Finance)
Iifl Samasta Finance Limited is the primary company behind Samasta Micro Finance. The board of Iifl Samasta Finance Limited currently have 6 directors; the longest-serving is Narayanaswamy Venkatesh, appointed in 2004. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narayanaswamy Venkatesh DIN 01018821 | Managing Director | 01 Feb 2004 | 22 yrs 9 mo | Iifl Samasta Finance Limited |
| Venkataraman Rajamani DIN 00011919 | Director | 08 Feb 2024 | 2 yrs 8 mo | Iifl Samasta Finance Limited |
| Kalengada Mandanna Nanaiah DIN 01276050 | Director | 08 Feb 2024 | 2 yrs 8 mo | Iifl Samasta Finance Limited |
| Govinda Rajulu Chintala DIN 03622371 | Director | 08 Feb 2024 | 2 yrs 8 mo | Iifl Samasta Finance Limited |
| Nihar Niranjan Jambusaria DIN 01808733 | Director | 24 Apr 2024 | 2 yrs 6 mo | Iifl Samasta Finance Limited |
| Sistla Uma Shanmukhi DIN 08165959 | Director | 29 Jul 2024 | 2 yrs 3 mo | Iifl Samasta Finance Limited |
People of Samasta Micro Finance
3 people are tracked at Samasta Micro Finance (3 in leadership); the tracked headcount is 18,083.
| Name | Role | Group |
|---|---|---|
G Prema Narayanaswamy | Co-Founder | Leadership |
V A Narayanaswamy | Co-Founder | Leadership |
Shivaprakash Deviah | Executive Director | Leadership |
Complete people profiles for Samasta Micro Finance
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Financials of Samasta Micro Finance
Figures of Iifl Samasta Finance Limited, the primary company behind Samasta Micro Finance, for FY 2026. Revenue was ₹2,265 Cr (-12% year on year). Net profit was ₹21.30 Cr (1% margin). Revenue has grown at a compounded annual rate of +9% over three years and +26% over five years.
- ₹2,265 CrRevenue · FY 2026 · -12% YoY
- ₹21.30 CrNet profit · 1% margin
- ₹668 CrPaid-up capital
- 18,581Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iifl Samasta Finance Limited are on its company page.
Detailed financial statements for Samasta Micro Finance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Samasta Micro Finance
5 dated milestones of Samasta Micro Finance across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Samasta Micro Finance is founded.
- Funding First funding round of $329K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $398K.
- Exit Acquired by IIFL Finance.
Competitors of Samasta Micro Finance
Samasta Micro Finance has 3 listed competitors in our database, 3 of them funded. They include Ujjivan Small Finance Bank, Jana Small Finance Bank and AU Small Finance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ujjivansfb.in | 2005 | Bengaluru, India | $153.96M | 22,566 | Small finance services are extended to underserved segments in India. | |
| janabank.com | 1999 | Bengaluru, India | $814.02M | 29,388 | Microfinance bank | |
| aubank.in | 1996 | Jaipur, India | $118M | 31,943 | Collateralised loans for commercial vehicles are extended to rural entrepreneurs. |
Detailed competitors of Samasta Micro Finance
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Web traffic of Samasta Micro Finance
Websites that share an audience with Samasta Micro Finance (samasta.co.in).
Websites whose visitors overlap most with Samasta Micro Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| khushhalibank.com.pk | 100% | 35.7K | #723,039 | View details |
Top companies in Microfinance
3 companies that operate in the same segment as Samasta 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 Samasta Micro Finance
Samasta Micro Finance was founded in 2008.
Samasta Micro Finance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Samasta Micro Finance is a funded company, having raised a total of $1.92M across 5 funding rounds to date. The company's 1st funding round was a Seed of $328.75K, raised on Jul 2008.
Samasta Micro Finance has 18,083 employees.
The primary company behind Samasta Micro Finance, Iifl Samasta Finance Limited, reported revenue of ₹2,265 Cr for FY 2026, down 12% year on year.
Samasta Micro Finance was founded in 2008 and is headquartered in Bengaluru, India. The company operates in the microfinance sector, where small loans are extended to low-income individuals and groups in rural areas of Karnataka and Tamil Nadu. Leadership includes co-founders G Prema Narayanaswamy and V A Narayanaswamy, supported by Executive Director Shivaprakash Deviah. Focus remains on financial access for underserved populations through established branch networks.
Samasta Micro Finance's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and Jana Small Finance Bank.
Samasta Micro Finance has 12 investors. Key investors include IIFL Finance, SIDBI, Kalpathi Investments, B H Krishnamurthy, and Sanjay Shenoy.
The valuation of Samasta Micro Finance is $3.64M as of Apr 2010.
Samasta Micro Finance operates through Iifl Samasta Finance Limited.
Yes. Samasta Micro Finance was acquired by IIFL Finance in November 2016.
The legal entities of Samasta Micro Finance currently have 8 directors, including Narayanaswamy Venkatesh, Anantha Kumar Thangavel, Sistla Uma Shanmukhi and others.