Total Funding
62
34
Total FundingPost-IPO Equity raised
Growth Score
-12 pts
Heat Score
-2 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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40668
Fusion Finance is a New Delhi-based micro-lending startup aiming to provide underprivileged women with economic opportunities.
- Sanjay Garyali: Managing Director and Chief Executive OfficerPast Role: L&T Finance Holdings, Chief Executive Urban Finance
- Anurag Srivastava: Chief Operating Officer
About the Company
Fusion is head quartered in New Delhi and is operational in the less penetrated North Central part of India (Madhya Pradesh, Uttarakhand, Uttar Pradesh, Delhi and Haryana). The company started its Greenfield operations in January 2010 and further augmented it by acquiring the microfinance division Aajeevika (a not for profit body operating in
Delhi). At the time of acquisition Aajeevika had a base of 1280 members with a loan book of Rs 6.3 million.
