About Virutcham Microfinance
Virutcham Microfinance is a Financial Services company based in Madurai (India) founded in 2008. Microcredit solutions are provided to consumers through various loan types. Virutcham Microfinance has raised $895.16 thousand across 1 funding round from investors including Maria Edwin Jose, Ramasubbu G and Jose Mikle Robin G. The company has 228 employees. Virutcham Microfinance was last valued at $2.17 million in March 2019. Its chief executive, as recorded, is Charles Selvaraj S. Its Indian entity Virutcham Microfinance Limited reported revenue of ₹23.84 Cr. Virutcham Microfinance offers products and services including Microfinance Loans. Its focus areas include Microfinance, Microcredit and Sustainability Tech. Its competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank; 3 of its 3 listed competitors have raised funding.
Company details
Virutcham Microfinance was established in 2008 in Madurai, India, within the microfinance sector. Operations focus on delivering credit access to underserved consumers via micro loans, group loans, income generation loans, and emergency loans. Services are tailored to support financial inclusion in local communities, with activities centered in southern India. The organization is led by CEO and Managing Director Charles Selvaraj S.
- Headquarters Madurai, India
- Employees 228
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website virutcham.org
- Social Facebook
- Legal Name Virutcham Microfinance Limited
- Date of Incorporation 08 Jul, 2008
- Jurisdiction Madurai, Tamil Nadu, India
- Annual Revenue₹23.84 Cr
FY 2025 · +2% YoY
- Net Profit₹1.61 Cr
FY 2025 · 7% margin
- EBITDA₹14.79 Cr
FY 2025 · 62% margin
- Total Equity Funding$895.16K (USD)
in 1 rounds
- Latest Funding Round$895.16K (USD), Angel Round
Mar 2019
- Employee Count228
Associated legal entities of Virutcham Microfinance
Virutcham Microfinance operates through Virutcham Microfinance 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 |
|---|---|---|---|---|---|---|---|
| Virutcham Microfinance Limited CIN U65929TN2008PLC068502 | Active | 08 Jul 2008 | Madurai, Tamil Nadu | ₹23.8 Cr | 228 | 6 | View details |
Products & Services of Virutcham Microfinance
Virutcham Microfinance offers a comprehensive portfolio of products and services, including Microfinance Loans.
Loans for poor women to start and sustain micro-enterprises in rural areas.
Funding Insights of Virutcham Microfinance
Virutcham Microfinance has successfully raised a total of $895.16K through 1 strategic funding round. The most recent funding activity was a Angel Round of $895.16 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 $895,156
- Total Rounds 1
- Last Round Angel Round — $895,156
- First Round $895,156
(Mar 2019)
- Investors Count 5
All 1 funding rounds of Virutcham Microfinance 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 2019 | $895,156 | Angel Round | $2.17M | Bala Swaminathan |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $2.17M | •••••••• |
Last known valuation $2.17M (Mar 2019). 5 investors in total: 0 institutional and 5 angel.
Investors in Virutcham Microfinance
Virutcham Microfinance has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Maria Edwin Jose, Ramasubbu G and Jose Mikle Robin G.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ME Maria Edwin Jose | unknown_fbf80cc81104431ba | |||
RG Ramasubbu G | unknown_f9a7ad350d4a4bf39 | |||
JM Jose Mikle Robin G | unknown_fd0e850494bb4db69 | |||
BS Bala Swaminathan | unknown_9024eeedfe424ba6b | |||
DX Dominic Xavier M | unknown_6b4e93ac2b5b48969 |
Investor details for Virutcham Microfinance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Virutcham Microfinance Limited (Virutcham Microfinance)
Virutcham Microfinance Limited is the primary company behind Virutcham Microfinance. The board of Virutcham Microfinance Limited currently have 4 directors; the longest-serving is Alex Francisco Nicholas, appointed in 2014. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alex Francisco Nicholas DIN 06968258 | Director | 05 Jun 2014 | 12 yrs 4 mo | Virutcham Microfinance Limited |
| Devesahayam Asokan DIN 07031456 | Director | 15 Jul 2015 | 11 yrs 3 mo | Virutcham Microfinance Limited |
| Soosai Charles Selvaraj DIN 07640803 | Managing Director | 10 Oct 2016 | 10 yrs | Virutcham Microfinance Limited |
| John Ohilvi DIN 03332867 | Director | 22 Dec 2023 | 2 yrs 10 mo | Virutcham Microfinance Limited |
People of Virutcham Microfinance
1 people are tracked at Virutcham Microfinance (1 in leadership); the tracked headcount is 228.
| Name | Role | Group |
|---|---|---|
Charles Selvaraj S | CEO & Managing Director | Leadership |
Complete people profiles for Virutcham Microfinance
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- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Virutcham Microfinance
Figures of Virutcham Microfinance Limited, the primary company behind Virutcham Microfinance, for FY 2025. Revenue was ₹23.84 Cr (+2% year on year). Net profit was ₹1.61 Cr (7% margin). EBITDA was ₹14.79 Cr (62% margin). Revenue has grown at a compounded annual rate of +28% over three years and +9% over five years.
- ₹23.84 CrRevenue · FY 2025 · +2% YoY
- ₹1.61 CrNet profit · 7% margin
- ₹14.79 CrEBITDA · 62% margin
- ₹18.02 CrPaid-up capital
- 228Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Virutcham Microfinance Limited are on its company page.
Detailed financial statements for Virutcham Microfinance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Virutcham Microfinance
3 dated milestones of Virutcham Microfinance across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Virutcham Microfinance is founded.
- Funding First funding round of $895K.
- Milestone Reaches Minicorn status.
Competitors of Virutcham Microfinance
Virutcham Microfinance has 3 listed competitors in our database, 3 of them funded. They include ESAF, Satin Creditcare and Fincare Small Finance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| esafbank.com | 1992 | Thrissur, India | $101.74M | 6,194 | Microfinance banking services are offered in India by ESAF. | |
| satincreditcare.com | 1990 | Delhi, India | $40M | 15,350 | Micro loans for businesses are offered by this NBFC. | |
| fincarebank.com | 2007 | Bengaluru, India | $174.84M | 12,894 | Micro-finance bank |
Detailed competitors of Virutcham Microfinance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Virutcham Microfinance
The website of Virutcham Microfinance (virutcham.org) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 803.2% vs previous month
Top companies in Microfinance
3 companies that operate in the same segment as Virutcham Microfinance (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 | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | USD 71.68 M | 12,403 |
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Frequently Asked Questions about Virutcham Microfinance
Virutcham Microfinance was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Virutcham Microfinance is headquartered in Madurai, India. It is registered at Madurai, Tamil Nadu, India.
Charles Selvaraj S is the CEO of Virutcham Microfinance, as recorded in our data.
Virutcham Microfinance is a funded company, having raised a total of $895.16K across 1 funding round to date. The company's 1st funding round was a Angel Round of $895.16K, raised on Mar 2019.
Virutcham Microfinance has 228 employees.
The primary company behind Virutcham Microfinance, Virutcham Microfinance Limited, reported revenue of ₹23.84 Cr for FY 2025, up 2% year on year.
Virutcham Microfinance was established in 2008 in Madurai, India, within the microfinance sector. Operations focus on delivering credit access to underserved consumers via micro loans, group loans, income generation loans, and emergency loans. Services are tailored to support financial inclusion in local communities, with activities centered in southern India. The organization is led by CEO and Managing Director Charles Selvaraj S.
Virutcham Microfinance's top competitors include ESAF, Satin Creditcare and Fincare Small Finance Bank.
Virutcham Microfinance offers Microfinance Loans.
Virutcham Microfinance has 5 investors. Key investors include Maria Edwin Jose, Ramasubbu G, Jose Mikle Robin G, Bala Swaminathan, and Dominic Xavier M.
The valuation of Virutcham Microfinance is $2.17M as of Mar 2019.
Virutcham Microfinance operates through Virutcham Microfinance Limited.