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Nordic Microfinance Initiative (NMI)

33 employees

Nordic Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that

Investor insights

Sectors invested in

Financial Services14
Finance9
Banking4
Association3
FinTech2
Women's2
Micro Finance Jobs Orissa1
Payments1
Retail1
Web Development1
Logistics1
Transportation1
Car Sharing1
international development1
rural marketing & distribution1
agriculture1
product design1
Micro Finance Jobs Bihar1
Micro Finance1
Micro Finance Jobs Uttar Pradesh1

Funding rounds participated in

$9.4M sweet spot round size

Most of their 16 investments are in rounds between $4.3M and $14M

Investor type

Government Office
Venture Capital

Basic info

Industry

financial services

Sectors

Financial Services
Finance

Date founded

2008

Investments made

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Light Microfinance Pvt. Ltd. raised $25M on September 22, 2022

Investors: Triple Jump, Incofin Investment Management, British International Investment and Nordic Microfinance Initiative (NMI)

U

Undisclosed raised $19M on July 13, 2022

Investors: Omidyar Network India and Nordic Microfinance Initiative (NMI)

U

Undisclosed raised $1.5M on July 13, 2022

Investors: Omidyar Network India and Nordic Microfinance Initiative (NMI)

T

Tugende raised $17M on December 20, 2021

Investors: Goldfinch, Symbiotics and Nordic Microfinance Initiative (NMI)

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Light Microfinance Pvt. Ltd. raised $10M on July 20, 2021

Investors: Triple Jump, Incofin Investment Management and Nordic Microfinance Initiative (NMI)

S

Svasti Microfinance Pvt. Ltd raised $4.3M on March 11, 2021

Investors: Nordic Microfinance Initiative (NMI)

P

Proximity Designs raised $14M on July 1, 2020

Investors: Finnfund, PROPARCO and Nordic Microfinance Initiative (NMI)

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Sindhuja Microcredit Pvt. Ltd. raised $8.7M on May 11, 2020

Investors: Nordic Microfinance Initiative (NMI)

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Svasti Microfinance Pvt. Ltd raised $10M on November 10, 2019

Investors: Nordic Microfinance Initiative (NMI)

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Svasti Microfinance Pvt. Ltd raised $4.8M on February 13, 2019

Investors: Nordic Microfinance Initiative (NMI)

FAQ