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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.
Social
Facebook
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
Post Money Valuation
₹***** as on Jun 23, 2022
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
12,935 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:lockFilter this list
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
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Annapurna Finance's founders and board of directors

Founder? Claim Profile
The 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:

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
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Team
-
Past
9y 2m
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Team
-
Current
6y 6m
Investor
SIDBI
Current
6y 7m
Investor
-
Current
4y 9m
yaowapr
Investor
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Current
9y 5m
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Investor
lazznqp
Current
8y 4m
bpflzem
Investor
lzopsef
Current
7y 4m
euwnfhe
Investor
unkyjqu
Current
8y 3m
cwxrrfi
Investor
heyktsz
Current
9y 8m
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Investor
vudksma
Current
3y 5m
npmcuez
Investor
suvybc{
Current
8y 6m
qernwvr
Investor
vx{qcct
Current
7y 8m
sk{ydsg
Investor
-
Past
4y 1m
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Investor
jmrtzeq
Past
8y 7m
Independent board member
-
Current
3y 0m
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Independent board member
-
Current
1y 5m
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Independent board member
-
Current
5y 7m
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Independent board member
-
Current
7y 6m

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:
Employee count trend for Annapurna Finance
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ujjivan SFB
Ujjivan SFB
Bengaluru (India), Public
Provider of banking services including savings accounts loans and insurance
$238M
76/100
2nd
Logo for Satin Creditcare
Satin Creditcare
1990, Gurugram (India), Public
NBFC offering micro loans to businesses
$41.3M
73/100
3rd
Logo for Muthoot Microfin
Muthoot Microfin
2010, Ernakulam (India), Public
Provider of microfinance financial support and loans to low-income earning women entrepreneurs
$138M
72/100
4th
Logo for Svatantra Microfinance
Svatantra Microfinance
2012, Mumbai (India), Late Stage
Provider of microfinance and individual loan services for entrepreneurs
$98.7M
70/100
5th
Logo for Asirvad Microfinance
Asirvad Microfinance
2009, Chennai (India), Acquired
Provider of micro loans for consumers
$1.75M
69/100
6th
Logo for Suryoday Small Finance Bank
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
Logo for Sindhuja Microcredit
Sindhuja Microcredit
2018, Noida (India), Series C
Provider of micro-credit solutions for low-income individuals and businesses
$40.7M
66/100
8th
Logo for Avanti
Avanti
2016, Bengaluru (India), Series B
Provider of financial services focused on livelihood advancement for underserved communities
$79.7M
66/100
9th
Logo for CreditAccess Grameen
CreditAccess Grameen
1996, Bengaluru (India), Public
Provider of microcredit services
$23.5M
66/100
10th
Logo for Satyamicrocapital
Satyamicrocapital
2016, Delhi (India), Series C
Provider of microfinance operations services
$146M
65/100
29th
Logo for Annapurna Finance
Annapurna Finance
2009, Bhubaneswar (India), Series F
Chains providing microfinance services and financial assistance to marginalized segments
$212M
56/100
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Annapurna Finance's Latest cap tables and shareholding

Founders own 6.24%, Funds (largest shareholder) own 72.20%, Enterprises own 11.54% and Other People own 4.81%. The net worth of Annapurna Finance's founders is INR 157Cr as of Jun 23, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
6.24%
157Cr
805054
984173
962595
558980
893261
771202
623666
714839
219081
758848
Fund
72.20%
1,820Cr
6381420
1064261
6095121
2228695
2202
3659
5243
3198
3409
1851
Enterprise
11.54%
290Cr
3069346
6044659
9090407
6524745
Other People
4.81%
121Cr
5056
8648
6297
5103
ESOP Pool
5.20%
131Cr
92922
28964
72725
33419
Total
100.00%
2,520Cr
5710953
6647889
7295175
4420261
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

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

lockFilter this list
Media has covered Annapurna Finance for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Annapurna taps Netflix exec for its beleaguered gaming labelThe Verge•Jan 22, 2025•Annapurna Finance
•
•
Annapurna Finance Gets $109.5M for Microfinance LoansSMEStreet.in•Dec 06, 2024•Annapurna Finance, Standard Chartered
•
Annapurna Finance Recognized for Leadership in Client Protection and Financial LiteracyAsian News International•Nov 12, 2024•Annapurna Finance
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FAQs about Annapurna Finance

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