About Sindhuja Microcredit
Sindhuja Microcredit is a Financial Services company based in Patna (India) founded in 2018 by Malkit Singh Didyala. Microcredit and insurance services are offered to low-income groups. Sindhuja Microcredit has raised $35.72 million across 8 funding rounds from investors including Norfund, Carpediem Capital Partners and Abler Nordic. The company has 1,540 employees. Sindhuja Microcredit was last valued at $59.9 million in March 2024. Its chief executive, as recorded, is Malkit Singh Didyala. Its Indian entity Sindhuja Microcredit Private Limited reported revenue of ₹257 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
Founded in 2018 and based in Patna, India, the company operates in the microfinance sector. Financial services, including microcredit and insurance, are provided to rural and semi-urban populations. Emphasis is placed on financial inclusion for low-income individuals and businesses. Expansion plans include micro-enterprise loans arranged through third parties to support entrepreneurial activities.
- Headquarters Patna, India
- Employees 1,540
- Founders Malkit Singh Didyala
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website sindhujamicrocredit.com
- Social LinkedIn
- Legal Name Sindhuja Microcredit Private Limited
- Date of Incorporation 01 Dec, 2017
- Jurisdiction Gautam Budh Nagar, Uttar Pradesh, India
- Annual Revenue₹257 Cr
FY 2025 · +15% YoY
- Net Loss-₹35.44 Cr
FY 2025 · -14% margin
- EBITDA₹35.56 Cr
FY 2025 · 14% margin
- Total Equity Funding$35.72M (USD)
in 8 rounds
- InvestorsNorfund
& 46 more
- Employee Count1,540
Associated legal entities of Sindhuja Microcredit
Sindhuja Microcredit operates through Sindhuja Microcredit Private 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 |
|---|---|---|---|---|---|---|---|
| Sindhuja Microcredit Private Limited CIN U65990UP2017PTC099006 | Active | 01 Dec 2017 | Noida, Uttar Pradesh | ₹257 Cr | 1,540 | 11 | View details |
Funding Insights of Sindhuja Microcredit
Sindhuja Microcredit has successfully raised a total of $35.72M across 8 strategic funding rounds. 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 $35.72M
- Total Rounds 8
- First Round $658,201
(Mar 2018)
- Investors Count 47
All 8 funding rounds of Sindhuja Microcredit 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 |
|---|---|---|---|---|---|
| May 2026 | Series C | – | – | – | |
| Mar 2024 | $14.5M | Series C | $59.9M | GAWA Capital, Oikocredit | |
| Mar 2023 | $3.89M | Series B | $36.87M | – | |
| Mar 2021 | $2.72M | Series B | $••••• | Carpediem Capital | |
| May 2020 | $8.8M | Series B | $••••• | – | |
| Mar 2019 | $4M | Series A | – | Carpediem Capital | |
| Jul 2018 | $1.15M | Seed | $••••• | Carpediem Capital, Diwaker Pundir | |
| Mar 2018 | $658,201 | Angel Round | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $59.9M | •••••••• |
| Mar 2023 | $36.87M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| May 2020 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| Mar 2018 | $••••• | •••••••• |
Full valuation and stage history of Sindhuja Microcredit
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $59.9M (Mar 2024). 47 investors in total: 7 institutional and 40 angel.
Investors in Sindhuja Microcredit
Sindhuja Microcredit has secured backing from 47 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Norfund, Carpediem Capital Partners and Abler Nordic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on impact sectors | gawacapital.com | Madrid, Spain | ||
Private equity firm investing in multiple sectors | oikocredit.coop | Amersfoort, Netherlands | ||
Private equity investments in Indian SMEs focusing on consumption opportunities and growth capital provision. | 2018 | carpediem-capital.com | Mumbai, India | |
Investing in financial institutions for inclusion in Africa and Asia. | 2008 | ablernordic.com | Oslo, Norway | |
Investment management services and private equity funds are offered. | nmimicro.no | Oslo, Norway | ||
It invests in developing countries to create jobs and improve lives | 1998 | norfund.no | Oslo, Norway | |
AC Ashok Chaubey | unknown_8d946ccedbfc45f39 | |||
LM Lalit Mohan Chaturvedi | unknown_ea5d6261563a48db8 | |||
JS Jitendra Singh | Angel investor, ex-entrepreneur, focused on Indian startups | unknown_7780fa43e23b49b08 |
Investor details for Sindhuja Microcredit
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Board of directors of Sindhuja Microcredit Private Limited (Sindhuja Microcredit)
Sindhuja Microcredit Private Limited is the primary company behind Sindhuja Microcredit. The board of Sindhuja Microcredit Private Limited currently have 9 directors; the longest-serving is Abhisheka Kumar, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhisheka Kumar DIN 02972579 | Managing Director | 01 Dec 2017 | 8 yrs 11 mo | Sindhuja Microcredit Private Limited |
| Malkit Singh Didyala DIN 07957488 | Whole-time director | 01 Dec 2017 | 8 yrs 11 mo | Sindhuja Microcredit Private Limited |
| Abhishek Sharman DIN 01329800 | Nominee Director | 05 Sep 2019 | 7 yrs 2 mo | Sindhuja Microcredit Private Limited |
| Sandeep Shashidhar Phanasgaonkar DIN 00397467 | Director | 25 Mar 2021 | 5 yrs 7 mo | Sindhuja Microcredit Private Limited |
| Diwakar Pundir DIN 08450769 | Director | 09 Jun 2022 | 4 yrs 5 mo | Sindhuja Microcredit Private Limited |
| Jagriti Bhandari DIN 09802981 | Nominee Director | 16 Dec 2022 | 3 yrs 10 mo | Sindhuja Microcredit Private Limited |
| Ameet Goyall DIN 02557166 | Nominee Director | 27 Mar 2024 | 2 yrs 7 mo | Sindhuja Microcredit Private Limited |
| Agustin Vitorica DIN 07928115 | Nominee Director | 05 Sep 2024 | 2 yrs 2 mo | Sindhuja Microcredit Private Limited |
| Laetitia Counye DIN 06990144 | Nominee Director | 05 Sep 2024 | 2 yrs 2 mo | Sindhuja Microcredit Private Limited |
People of Sindhuja Microcredit
14 people are tracked at Sindhuja Microcredit (6 in leadership, 5 in board & advisors, 3 in team); the tracked headcount is 1,540.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Uprant Sharma | Chief Manager | Leadership |
Milind Madhukar | Regional Head, JLG Operations | Leadership |
Chandan Singh | Regional Head, JLG Operations | Leadership |
Manoj Kumar Singh | Regional Head, JLG Operations | Leadership |
Mohinder Sharma | Regional Head, JLG Operations, Rajasthan | Leadership |
| Director | Board & advisors | |
Arvind C Nair | Director | Board & advisors |
Smriti Chandra | Director | Board & advisors |
| Director | Board & advisors | |
Yashvant Malhotra | Director | Board & advisors |
Akhilesh Dubey | AVP, Accounts | Team |
Kamlesh Prasad | DVP, HR & Admin | Team |
Rajeev Kumar Rai | Zonal Manager, JLG Operations | Team |
Complete people profiles for Sindhuja Microcredit
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Financials of Sindhuja Microcredit
Figures of Sindhuja Microcredit Private Limited, the primary company behind Sindhuja Microcredit, for FY 2025. Revenue was ₹257 Cr (+15% year on year). Net loss was -₹35.44 Cr (-14% margin). EBITDA was ₹35.56 Cr (14% margin). Revenue has grown at a compounded annual rate of +60% over three years and +59% over five years.
- ₹257 CrRevenue · FY 2025 · +15% YoY
- -₹35.44 CrNet loss · -14% margin
- ₹35.56 CrEBITDA · 14% margin
- ₹55.84 CrPaid-up capital
- 1,540Employees (provident fund records)
- +60%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sindhuja Microcredit Private Limited are on its company page.
Detailed financial statements for Sindhuja Microcredit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Sindhuja Microcredit
4 dated milestones of Sindhuja Microcredit across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Sindhuja Microcredit is founded.
- Funding First funding round of $658K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C,.
Competitors of Sindhuja Microcredit
Sindhuja Microcredit 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 Sindhuja Microcredit
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Web traffic of Sindhuja Microcredit
The website of Sindhuja Microcredit (sindhujamicrocredit.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 3.3% vs previous month
Top companies in Microfinance
3 companies that operate in the same segment as Sindhuja Microcredit (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 Sindhuja Microcredit
Sindhuja Microcredit was founded in 2018.
Sindhuja Microcredit is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Malkit Singh Didyala is the CEO of Sindhuja Microcredit, as recorded in our data. They have also founded this company.
Sindhuja Microcredit is a funded company, having raised a total of $35.72M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $658.2K, raised on Mar 2018.
Sindhuja Microcredit has 1,540 employees.
The primary company behind Sindhuja Microcredit, Sindhuja Microcredit Private Limited, reported revenue of ₹257 Cr for FY 2025, up 15% year on year.
Founded in 2018 and based in Patna, India, the company operates in the microfinance sector. Financial services, including microcredit and insurance, are provided to rural and semi-urban populations. Emphasis is placed on financial inclusion for low-income individuals and businesses. Expansion plans include micro-enterprise loans arranged through third parties to support entrepreneurial activities.
Sindhuja Microcredit's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and Jana Small Finance Bank.
Sindhuja Microcredit has 47 investors. Key investors include Norfund, Carpediem Capital Partners, Abler Nordic, GAWA Capital, and Oikocredit.
The valuation of Sindhuja Microcredit is $59.9M as of Mar 2024.
Sindhuja Microcredit operates through Sindhuja Microcredit Private Limited.
The legal entities of Sindhuja Microcredit currently have 10 directors, including Abhisheka Kumar, Malkit Singh Didyala, Abhishek Sharman and others.