Annapurna Finance - About the company
Annapurna Finance is a series F company based in Bhubaneswar (India), founded in 2009 by Gobinda Chandra Pattanaik. It operates as a Chains providing microfinance services and financial assistance to marginalized segments. Annapurna Finance has raised $212M in funding from investors like BIO Invest, Incofin Investment Management and SIDBI, with a current valuation of ₹*****. The company has 288 active competitors, including 45 funded and 34 that have exited. Its top competitors include companies like Ujjivan SFB, Satin Creditcare and Muthoot Microfin.
Company Details
Chains providing microfinance services and financial assistance to marginalized segments. These services include group loans, business loans, and emergency financial support designed to facilitate economic empowerment. The organization focuses on providing credit access to rural households and entrepreneurs to support their livelihoods and business activities. Additional offerings include loans for housing improvements, dairy farming, and the installation of sustainable infrastructure. By providing these financial products, the entity aims to support the economic stability of its clients and promote financial inclusion.
- Website
- annapurnafinance.in
- Email ID
- *****@ampl.net.in
- Phone Number
- +91 **********
- Registered Address
- 8B LINDSAY STREET KOLKATA, KOLKATA, West Bengal, India, 700087
Key Metrics
Founded Year
2009
Location
Bhubaneswar, India
Stage
Series F
Total Funding
$212M in 21 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 23, 2022
Investors
Ranked
29th among 288 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
12,935 as on May 31, 2026
Similar Companies
Legal entities associated with Annapurna Finance
Annapurna Finance is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ANNAPURNA SME FINANCE PRIVATE LIMITED CIN: U65990OR2020PTC035123 , India, Dormant under section 455 | Dec 18, 2020 | - | - | |
ANNAPURNA SAVINGS & FINANCE CO PRIVATE LTD CIN: U65992WB1973PTC029040 , India, Active | Oct 18, 1973 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 85 (As on May 31, 2026) | |
ANNAPURNA FINANCE PRIVATE LIMITED CIN: U65999OR1986PTC015931 , India, Active | Apr 30, 1986 | ₹1,000+ Cr (As on Mar 31, 2025) | 12850 (As on May 31, 2026) |
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Annapurna Finance's funding and investors
Annapurna Finance has raised a total funding of $212M over 21 rounds. Its first funding round was on Jun 29, 2012. Annapurna Finance has 30 institutional investors and 22 angel investors.
Here is the list of recent funding rounds of Annapurna Finance:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 18, 2026 | 3260443 | Conventional Debt | 9037655 | 6888308 | 9782205 | 2713872 |
Dec 06, 2024 | 1692394 | Conventional Debt | 1543275 | 5317913 | 9003981 | 2641021 |
Jan 24, 2024 | 7164346 | Series F | 1027055 | 4311761 | 8433746 |
View details of Annapurna Finance's funding rounds and investors
Annapurna Finance's founders and board of directors
Founder? Claim ProfileThe founders of Annapurna Finance is Gobinda Chandra Pattanaik. Gobinda Chandra Pattanaik is the CEO of Annapurna Finance.
Here are the details of Annapurna Finance's key team members:
- Gobinda Chandra Pattanaik: Founder & CEO & Managing Director of Annapurna Finance. They serve on the board of 1 company.Contact Info: 1 phone number
Annapurna Finance's Board of Directors
Annapurna Finance's board has 18 active members. Dhara Mehta, Abhishek Agrawal, Gobinda Chandra Pattanaik, Christina Stefanie Juhasz, Satish Chavva, Ashok Ranjan Samal, Sunit Vasant Joshi, Mecherimadam Ramakrishnan Venkiteswaran, Anant Manas Khatri, Florian Grohs, Pramod Kumar Vijayvargia, Dibyajyoti Pattanaik, Prateek Shrivastava and Isabel Shi Ying Tay are part of team and Govinda Rajulu Chintala, Laetitia Counye, Apurva Kumar and Sean Leslie Nossel are independent board members.Here is the list of Annapurna Finance's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
wrofxjj | Team | - | Past | 9y 2m |
wszbsxf | Team | - | Current | 6y 6m |
Investor | SIDBI | Current | 6y 7m | |
Investor | - | Current | 4y 9m | |
yaowapr | Investor | eixs{vy | Current | 9y 5m |
spmd{yj | Investor | lazznqp | Current | 8y 4m |
bpflzem | Investor | lzopsef | Current | 7y 4m |
euwnfhe | Investor | unkyjqu | Current | 8y 3m |
cwxrrfi | Investor | heyktsz | Current | 9y 8m |
rwflipz | Investor | vudksma | Current | 3y 5m |
npmcuez | Investor | suvybc{ | Current | 8y 6m |
qernwvr | Investor | vx{qcct | Current | 7y 8m |
sk{ydsg | Investor | - | Past | 4y 1m |
iirczyu | Investor | jmrtzeq | Past | 8y 7m |
Independent board member | - | Current | 3y 0m | |
kvzewu{ | Independent board member | - | Current | 1y 5m |
v{isdgq | Independent board member | - | Current | 5y 7m |
txfgvjz | Independent board member | - | Current | 7y 6m |
View details of Annapurna Finance's Founder profiles and Board Members
Annapurna Finance's employee count trend
Annapurna Finance has 12,935 employees as of May 26. The total employee count is 12.0% lower than what it was in May 25. Here is Annapurna Finance's employee count trend over the years:
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Annapurna Finance's Competitors and alternates
Top competitors of Annapurna Finance include Ujjivan SFB, Satin Creditcare and Muthoot Microfin. Here is the list of Top 10 competitors of Annapurna Finance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ujjivan SFB Bengaluru (India), Public | Provider of banking services including savings accounts loans and insurance | $238M | 76/100 | |
2nd | Satin Creditcare 1990, Gurugram (India), Public | NBFC offering micro loans to businesses | $41.3M | 73/100 | |
3rd | Muthoot Microfin 2010, Ernakulam (India), Public | Provider of microfinance financial support and loans to low-income earning women entrepreneurs | $138M | 72/100 | |
4th | Svatantra Microfinance 2012, Mumbai (India), Late Stage | Provider of microfinance and individual loan services for entrepreneurs | $98.7M | 70/100 | |
5th | ![]() Asirvad Microfinance 2009, Chennai (India), Acquired | Provider of micro loans for consumers | $1.75M | 69/100 | |
6th | Suryoday Small Finance Bank 2008, Navi Mumbai (India), Public | Small finance bank focuses on affordable banking and financial‑inclusion products for retail and underserved customers | $111M | 68/100 | |
7th | Sindhuja Microcredit 2018, Noida (India), Series C | Provider of micro-credit solutions for low-income individuals and businesses | $40.7M | 66/100 | |
8th | Provider of financial services focused on livelihood advancement for underserved communities | $79.7M | 66/100 | ||
9th | CreditAccess Grameen 1996, Bengaluru (India), Public | Provider of microcredit services | $23.5M | 66/100 | |
10th | Satyamicrocapital 2016, Delhi (India), Series C | Provider of microfinance operations services | $146M | 65/100 | |
29th | Annapurna Finance 2009, Bhubaneswar (India), Series F | Chains providing microfinance services and financial assistance to marginalized segments | $212M | 56/100 |
Looking for more details on Annapurna Finance's competitors? Click here to see the top ones
Annapurna Finance's Investments and acquisitions
Annapurna Finance has made no investments or acquisitions yet.
Reports related to Annapurna Finance
Here is the latest report on Annapurna Finance's sector:
News related to Annapurna Finance
Media has covered Annapurna Finance for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
CIMP-BIIF and Annapurna Finance Private Limited Sign MoU for Microfinance Capacity BuildingMedia Bulletins•May 30, 2026•Annapurna Finance
•
Annapurna Finance Raises USD 100 Million Through Social LoanNewsDrum•Feb 18, 2026•Annapurna Finance, Standard Chartered
•
Piramal Alts-backed Annapurna Finance taps offshore investor for capitalVCCircle•Aug 12, 2025•Annapurna Finance, Piramal Group
•
Annapurna taps Netflix exec for its beleaguered gaming labelThe Verge•Jan 22, 2025•Annapurna Finance
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Annapurna Finance secures USD 109.5 mn funding via multilateral ...NewsDrum•Dec 07, 2024•Annapurna Finance
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Annapurna Finance Gets $109.5M for Microfinance LoansSMEStreet.in•Dec 06, 2024•Annapurna Finance, Standard Chartered
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Annapurna Finance Recognized for Leadership in Client Protection and Financial LiteracyAsian News International•Nov 12, 2024•Annapurna Finance
•
Allard, Annapurna, Modro Agree to Sell Shares of Greenfire Resources Ltd.Miningstockeducation•Sep 17, 2024•Allard Partners, Waterous Energy Fund, Annapurna Finance
•
Allard, Annapurna, Modro agree to sell shares of Greenfire ResourcesSeeking Alpha•Sep 17, 2024•Greenfire Resources, Annapurna Finance, Allard USA
•
Annapurna Finance, British International Investment, and FinReach Solutions Sign Landmark Credit Guarantee Agreement to Empower Micro and Small Enterprises (MSEs)Asian News International•Sep 13, 2024•Annapurna Finance, British International Investment
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