Light Microfinance - About the company
Light Microfinance is a series B company based in Ahmedabad (India), founded in 2009 by Rakesh Kumar, Deepak Amin and Aviral Saini. It operates as a Microloans for empowering small households. Light Microfinance has raised $34.6M in funding from investors like Incofin Investment Management, Nordic Microfinance Initiative and Triple Jump. The company has 246 active competitors, including 39 funded and 36 that have exited. Its top competitors include companies like Jana Small Finance Bank, Capital Small Finance Bank and Suryoday.
Company Details
Microloans for empowering small households. It provides micro-credit to& nbsp women who belong to the below poverty line category, specifically from the rural areas, in order to help facilitate their upward movement in the economic status. It also provides loans based on the joint liability group lending model in the range of& nbsp Rs. 5,000 to Rs. 30,000 for income generation activities. It received& nbsp financial assistance in March 2010 from Ananya finance for inclusive growth.
- Website
- lightmicrofinance.com
- Social
- Email ID
- *****@lightmicrofinance.com
- Phone Number
- +91 **********
- Registered Address
- 308 Aggarwal Tower, Plot No. 2 Sector – 5, Dwarka, New Delhi, New Delhi, Delhi, India, 110075
Key Metrics
Founded Year
2009
Location
Ahmedabad, India
Stage
Series B
Total Funding
$34.6M in 3 rounds
Latest Funding Round
Investors
Ranked
48th among 246 active competitors
Annual Revenue
₹495Cr as on Mar 31, 2025
Employee Count
3,679 as on Aug 31, 2025
Similar Companies
Legal entities associated with Light Microfinance
Light Microfinance is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LIGHT MICROFINANCE PRIVATE LIMITED CIN: U67120DL1994PTC216764 , India, Active | Sep 20, 1994 | $58.6M (As on Mar 31, 2025) | 3679 (As on Aug 31, 2025) |
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Light Microfinance's funding and investors
Light Microfinance has raised a total funding of $34.6M over 3 rounds. Its first funding round was on Sep 18, 2019. Its latest funding round was a Series B round on Sep 22, 2022 for $*****. 5 investors participated in its latest round. Light Microfinance has 11 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Light Microfinance:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2022 | 6907992 | Series B | 6523680 | 8643279 | 5987021 | 4368343 |
Jul 19, 2021 | 8744486 | Series A | 7763686 | 8617917 | 6084167 | |
Sep 18, 2019 | 6872042 | Conventional Debt | 9707251 | 1494491 | 4888765 |
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Light Microfinance's founders and board of directors
Founder? Claim ProfileThe founders of Light Microfinance are Rakesh Kumar, Deepak Amin and Aviral Saini. Rakesh Kumar is the CEO of Light Microfinance.
Here are the details of Light Microfinance's key team members:
- Rakesh Kumar: Co-Founder & CEO of Light Microfinance. They serve on the boards of 2 companies.
- Deepak Amin: Co-Founder & Managing Director of Light Microfinance. They serve on the board of 1 company.
- Aviral Saini: Co-Founder & Executive Director & CFO of Light Microfinance. They serve on the board of 1 company.
Light Microfinance's Board of Directors
Light Microfinance's board has 7 active members. Rakesh Kumar, Deepak Amin and Aviral Saini are part of team and Anuj Kumar, Chandan Sinha, Aditya Bhandari and Parveen Kumar Gupta are independent board members.Here is the list of Light Microfinance's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 9m | |
mnsjgbn | Team | - | Past | 2y 7m |
qvbcgmz | Team | - | Past | 4y 1m |
Independent board member | - | Current | 3y 6m | |
ajvnpyp | Independent board member | - | Past | 6y 1m |
agnqfhz | Independent board member | - | Past | 7y 1m |
agfkxqf | Independent board member | - | Past | 4y 4m |
View details of Light Microfinance's Founder profiles and Board Members
Light Microfinance's employee count trend
Light Microfinance has 3,679 employees as of Aug 25. The total employee count is 12.0% lower than what it was in Aug 24. Here is Light Microfinance's employee count trend over the years:
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Light Microfinance's Competitors and alternates
Top competitors of Light Microfinance include Jana Small Finance Bank, Capital Small Finance Bank and Suryoday. Here is the list of Top 10 competitors of Light Microfinance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Jana Small Finance Bank 1999, Bengaluru (India), Public | Microfinance bank | $814M | 80/100 | |
2nd | Capital Small Finance Bank 2016, Jalandhar (India), Public | Microfinance bank | $52.1M | 79/100 | |
3rd | Small finance bank offering savings accounts, deposits, and loan products | $111M | 79/100 | ||
4th | Microfinance banks | $112M | 77/100 | ||
5th |  Utkarsh Bank 2009, Varanasi (India), Public | Small finance bank | $33M | 76/100 | |
6th | Satin Creditcare 1990, Delhi (India), Public | NBFC offering micro loans to businesses | $41.2M | 76/100 | |
7th | Provider of financial services focused on livelihood advancement for underserved communities | $79.7M | 74/100 | ||
8th | Muthoot Microfin 2010, Ernakulam (India), Public | Provider of microfinance financial support and loans to low-income earning women entrepreneurs | $138M | 72/100 | |
9th |  Satyamicrocapital 2016, Delhi (India), Series C | Microfinance operations | $116M | 72/100 | |
10th | Ujjivan Small Finance Bank 2005, Bengaluru (India), Public | Small finance bank | $154M | 70/100 | |
48th | Light Microfinance 2009, Ahmedabad (India), Series B | Microloans for empowering small households | $34.6M | 41/100 |
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Light Microfinance's Investments and acquisitions
Light Microfinance has made no investments or acquisitions yet.
Reports related to Light Microfinance
Here is the latest report on Light Microfinance's sector:
News related to Light Microfinance
•
Light Microfinance Raises Series B Funding From BII, OthersEnablers•Sep 26, 2022•Light Microfinance, British International Investment, Impact Investor, Nordic Microfinance Initiative and 3 others
•
Light Microfinance raises Rs 196 Cr in Series B funding roundYourStory•Sep 22, 2022•Light Microfinance, British International Investment, Nordic Microfinance Initiative, Triple Jump and 1 other
•
Top 10 Most Innovative Startups In Ahmedabad 2022Inventiva•Mar 30, 2022•Lendingkart, Light Microfinance, MYBYK, Prescinto and 1 other
•
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•
Satya MicroCapital raises Rs 28.5 crore through NCDsFlipboard•Sep 03, 2019•Satyamicrocapital, Light Microfinance, Northern Arc Capital, Aviator Investment and 2 others
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