# Sindhuja Microcredit Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sindhuja-microcredit-pvt

- Industry: Financial Services
- Headquarters: Noida, India
- Website: www.sindhujamicrocredit.com
- Total disclosed funding: $27M
- Latest round: Series C (Mar 28, 2024)
- Investors on record: 5

## About

Based in Uttar Pradesh, India, and founded in 2018 by co-founders Malkit Singh Didyala (CEO) and Abhisheka Kumar, Sindhuja Microcredit Pvt Ltd operates as a provider of microfinance to financially excluded and self-employed micro-entrepreneurs through third-party arrangements across rural, semi-urban, and urban locations in Bihar and Jharkhand, India. In May 2026, Sindhuja Microcredit Pvt Ltd raised INR 47 million in pre-series D funding by Abler Nordic, Oikocredit, GAWA Capital and Carpediem Capital.

The company provides a wide range of financial services, such as microfinance loans, insurance products, and financial inclusion solutions. The microfinance services include various loan products like Sindhuja Pallav, Sindhuja Ankur, Sindhuja Pushp, and Sindhuja Pushpaj, catering to different financial needs. Additionally, the company also provides services such as microenterprise loans and plans to offer pensions and additional financial products through third-party arrangements.

In May 2026, Sindhuja Microcredit Pvt Ltd raised INR 47 million in pre-series D funding from Abler Nordic, GAWA Capital, and Oikocredit. The company plans to use the funding to strengthen its capital base, expand lending operations, and improve access to credit for underserved communities, including women entrepreneurs and MSMEs.

## Funding rounds

- Series C, Mar 28, 2024, $14M — Oikocredit, GAWA Capital, Carpediem Capital, Abler Nordic
- Series B, May 11, 2020, $8.6M — Carpediem Capital, Nordic Microfinance Initiative AS
- Series A, Mar 29, 2019, $3.6M — Carpediem Capital

## Investors

- Carpediem Capital (https://capitalatlas.ai/funds/carpediem-capital) — Series A, Series B, Series C
- Nordic Microfinance Initiative AS — Series B
- Oikocredit (https://capitalatlas.ai/funds/oikocredit) — Series C
- GAWA Capital (https://capitalatlas.ai/funds/gawa-capital) — Series C
- Abler Nordic (https://capitalatlas.ai/funds/abler-nordic) — Series C