CreditAccess Grameen limited is a leading Indian microfinance institution headquartered in Bengaluru, focused on providing micro-loans to women customers predominantly in rural areas across India. The Company, on consolidated basis, is now operating in 303 districts in the 14 states (Karnataka, Maharashtra, Tamil Nadu, Chhattisgarh, Madhya Pradesh, Odisha, Kerala, Goa, Gujarat, Rajasthan, Uttar Pradesh, Bihar, Jharkhand, and West Bengal) and one union territory (Puducherry) in India through 1,566 branches. The Company’s Promoter is CreditAccess India N.V., a multinational company specializing in micro and small enterprise financing. It is backed by institutional investors and has a micro-lending experience in India of over more than a decade.
Location: India, Karnataka, Bengaluru
Employees: 1001-5000
Phone: +91 80 2263 7300
Total raised: $81.48M
Founded date: 1999
Funding Rounds 2
Date | Series | Amount | Investors |
02.12.2024 | - | $46.48M | - |
19.10.2022 | - | $35M | - |
Mentions in press and media 4
Date | Title | Description |
02.12.2024 | CreditAccess Grameen Secures INR 393 Cr Financing to Empower Women Entrepreneurs CreditAccess Grameen offers loans that are intended to assist borrowers in beginning or growing revenue-generating vent... | NBFC-Microfinance Institution (NBFC-MFI) CreditAccess Grameen has raised EUR 25 million (approximately INR 223 crore) from the German Investment Corporation (DEG) and INR 170 crore from Citi through a co-financing arrangement. This long-ten... |
29.11.2024 | CreditAccess Grameen secures €25M from DEG and Rs 170 Cr from Citi via co-financing | CreditAccess Grameen, a microfinance-focused NBFC, on Friday said it secured 25 million euros from the German Investment Corporation (DEG) and Rs 170 crore through a co-financing arrangement with Citi. This financing structure combines deve... |
19.10.2022 | CreditAccess Grameen raises $35 mn ESG loan from US International Development Finance Corp | CreditAccess Grameen raises $35 mn ESG loan from US International Development Finance Corp 1 min read . Updated: 19 Oct 2022, 05:38 PM IST Livemint Premium The transaction marks the second ESG-linked loan for CA Grameen. (File Photo: Mint) ... |
16.02.2022 | CreditAccess Grameen gets board approval to raise up to Rs 5k cr via debt | Microfinance lender CreditAccess Grameen on Wednesday said its board has approved a proposal to raise up to Rs 5,000 crore through debt securities and an additional USD 7.4 million (about Rs 55.5 crore) by issuing masala bonds. Its board of... |