# Fusion Micro Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fusion-micro-finance

- Industry: Financial Services
- Headquarters: New Delhi, India
- Website: www.fusionmicrofinance.com
- Total disclosed funding: $162M
- Latest round: Series F (Jan 7, 2020)
- Investors on record: 7

## About

Fusion Microfinance Ltd. is an Indian company dedicated to providing financial services that empower underserved populations, particularly women in rural areas, by offering microloans and financial literacy programs to enhance their economic self-reliance.Founded in 2009 and headquartered in New Delhi, India, Fusion Micro Finance Ltd. specializes in delivering microfinance solutions. The company has successfully executed 11 deals, with its most recent funding round being a PIPE in December 2023, raising INR 5.72 billion. The firm is led by Devesh Sachdev, who has a notable background in finance, contributing to the company's mission of financial inclusion.Fusion Microfinance specializes in providing financial products aimed at empowering underserved segments, particularly women in rural areas of India. Its core offerings include microloans designed to support low-income individuals in entrepreneurial activities, enhancing their economic independence. The company may also offer financial literacy programs to help clients utilize their services effectively, primarily targeting borrowers in rural communities across Uttar Pradesh, Bihar, and Madhya Pradesh.In the fiscal year 2023, Fusion Microfinance generated revenue amounting to INR 201,810,718.3, with an EBITDA of INR 144,804,514.5. This revenue primarily comes from the interest on microloans provided to clients, structured to align with their repayment capabilities.Fusion Micro Finance Ltd. plans to expand its product offerings and geographic reach. The recent funding raised in December 2023 will be directed towards developing new financial products aimed at further assisting women entrepreneurs. The company is also looking to expand its services into additional rural areas across India by the end of 2024. The raised funds, totaling INR 5.72 billion from the recent PIPE, will support these initiatives, enhancing their ability to empower even more underserved populations.

## Funding rounds

- Series F, Jan 7, 2020, $70M — Warburg Pincus, Creation Investments Capital Management
- Series E, Dec 4, 2018, $75M — Warburg Pincus, Creation Investments Capital Management
- Series D, Aug 11, 2016, $5.1M — Oikocredit, Creation Investments Capital Management, GAWA Capital, BIO Invest
- Series C, Jun 25, 2015, $8.3M — Oikocredit, BIO Invest
- Series B, Feb 4, 2013, $4.6M — Abler Nordic, Incofin Investment Management

## Investors

- Abler Nordic (https://capitalatlas.ai/funds/abler-nordic) — Series B
- Incofin Investment Management (https://capitalatlas.ai/funds/incofin-investment-management) — Series B
- Oikocredit (https://capitalatlas.ai/funds/oikocredit) — Series C, Series D
- BIO Invest — Series C, Series D
- Creation Investments Capital Management (https://capitalatlas.ai/funds/creation-investments-capital-management) — Series D, Series E, Series F
- GAWA Capital (https://capitalatlas.ai/funds/gawa-capital) — Series D
- Warburg Pincus (https://capitalatlas.ai/funds/warburg-pincus) — Series E, Series F