Based in Kolkata, India, Arohan Financial Services Pvt Ltd is eastern India's largest microfinance institution operating in the states of West Bengal, Assam, Meghalaya, Odisha, Chhattisgarh, Jharkhand and Bihar, offering financial inclusion products to the under-served, with nearly seven lakh clients and counting.
Location: India, West Bengal, Kolkata
Employees: 5001-10000
Phone: +91 33 4015 6000
Total raised: $1.5M
Founded date: 2006
Investors 3
Date | Name | Website |
- | Michael &a... | dell.org/ |
09.02.2023 | British In... | bii.co.uk |
- | Aavishkaar... | aavishkaar... |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
13.08.2008 | - | $1.5M | Lok Capita... | vccircle.c... |
Mentions in press and media 12
Date | Title | Description | Source |
03.07.2023 | Arohan Financial snags $24 mn from another DFI | Credit: 123RF.com Microfinance institution Arohan Financial Services, a part of the Aavishkaar-Inte... | vccircle.c... |
15.02.2021 | Arohan Financial files draft papers for ₹1,800 crore IPO | Arohan Financial Services, a non-banking financial company, has filed draft papers with markets regu... | hindustant... |
08.05.2018 | Arohan Financial to get $20 mn in debt funding from IFC | International Finance Corporation (IFC) plans to invest about Rs 130 crore ($20 million) in Kolkata-... | vccircle.c... |
24.01.2018 | Arohan raises Rs 60 cr from Tano Capital | Kolkata-based microfinance company Arohan has raised Rs 60 crore from a fund managed by Tano Capital... | thehindubu... |
10.01.2018 | Arohan Financial to raise ₹1,000 crore through IPO | Microfinance NBFC to diversify into new markets Kolkata-based NBFC microfinance provider Arohan Fin... | thehindubu... |
19.05.2017 | Microlender Arohan raises $24 mn from Denmark’s Maj Invest, ... | Kolkata-based Arohan Financial Services Pvt. Ltd has raised Rs 155.5 crore ($24.1 million) from new ... | vccircle.c... |
18.05.2017 | India: MFI Arohan raises $24m from Maj Invest, existing back... | Premium Microfinance company Arohan Financial Services Pvt Ltd, a part of Aavishkaar-Intellecap Gro... | dealstreet... |
30.03.2015 | Microlender Arohan Financial raises $9.6M from Tano Capital | Kolkata-based microfinance institution Arohan Financial Services has raised Rs 60 crore ($9.6 millio... | vccircle.c... |
03.10.2013 | Microlender Arohan raises $3.5M led by existing investors | Arohan Financial Services Pvt Ltd has received a capital infusion of Rs 22 crore ($3.5 million) from... | vccircle.c... |
13.08.2008 | Lok Capital, Dell Foundation Invest $1.5M In Kolkata MFI Aro... | Michael & Susan Dell Foundation (MSDF) and Lok Capital LLC have invested $1.5 million in Arohan ... | vccircle.c... |
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