Startup Atlas · Financial Services

Asirvad Microfinance Acquired

Asirvad Micro Finance Limited ● Chennai, Tamil Nadu ● Founded 2007 ● asirvadmicrofinance.co.in ↗
S.V. Raja Vaidyanathan
$52.41 MnTotal funding (tracked)
4Funding rounds
24 May 2021Last round

Asirvad Microfinance: Financial Breakdown

Figures below are FY2023, standalone basis, compiled from filings and disclosures — every year cited to its source.

Total income Rs 1,759 croreTotal revenue · +25.6% YoY
Profit after tax Rs 218 croreNet profit · +1526.9% YoY

Revenue by fiscal year

050100150200250$MTotal income Rs 1,400 crore: $187.9M188FY2022Total income Rs 1,759 crore: $218.8M219FY2023

Net profit / loss by fiscal year

0102030$MProfit after tax Rs 13.4 crore: $1.8M1.8FY2022Profit after tax Rs 218 crore: $27.1M27FY2023

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2023 Total income Rs 1,759 crore — — Profit after tax Rs 218 crore source
FY2022 Total income Rs 1,400 crore — — Profit after tax Rs 13.4 crore source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com www.crisilratings.com · Last verified 21 Oct 2026. · Report a correction