Midland Microfin Limited
Jalandhar (Punjab)-headquartered NBFC-MFI providing collateral-free Joint Liability Group (JLG) microloans, individual loans, and insurance services to low-income women entrepreneurs; describes itself as the first Punjab-based microfinance institution registered with the RBI as an NBFC-MFI.
Midland Microfin Limited: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 30 Sep 2021 | Private Equity | ₹74.4 Cr (~$10M) | ICICI Bank Limited Kitara Capital | source |
| 5 May 2020 | Debt | $3.1M (debt: NCDs & ECB) | Aviator Emerging Market Fund | source |
Recent Signals
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13 Feb 2026 · financial
UnlistedZone: 9M FY26 profitability falls sharply — earnings down nearly half YoY on margin compression despite 8% loan-book growth source -
1 Dec 2025 · funding
Existing shareholders infuse ₹113 crore equity in FY25 plus ₹21.14 crore via rights issue in H1FY26 source -
1 Dec 2025 · financial
CARE reaffirms CARE BBB+; Negative amid weakened asset quality — ₹222 crore in fresh NPA additions in FY25 source -
27 Dec 2024 · financial
CARE Ratings revises outlook to Negative on rising delinquencies; flags breach of covenants on ₹735.7 crore debt source -
11 Jun 2024 · funding
Acuité: existing shareholders + ICICI Bank infuse ₹71.02 crore capital (CCPS + equity) during FY24 source -
1 Jan 2015 · regulatory
Registered with RBI as NBFC-MFI since January 2015 (month/year precision only) source
News on Midland Microfin Limited
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Start Free ValidationFAQs on Midland Microfin Limited
Who founded Midland Microfin Limited?
Midland Microfin Limited was founded by Amardeep Singh Samra in 2011.
How much funding has Midland Microfin Limited raised?
Midland Microfin Limited has raised $13.11 Mn across 2 tracked funding round(s), most recently on 2021-09-30. Figures are compiled from cited public sources.
Who are the investors in Midland Microfin Limited?
Investors in Midland Microfin Limited include ICICI Bank Limited, Kitara Capital, Aviator Emerging Market Fund.
What does Midland Microfin Limited do?
Jalandhar (Punjab)-headquartered NBFC-MFI providing collateral-free Joint Liability Group (JLG) microloans, individual loans, and insurance services to low-income women entrepreneurs; describes itself as the first Punjab-based microfinance institution registered with the RBI as an NBFC-MFI.
Where is Midland Microfin Limited headquartered?
Midland Microfin Limited is headquartered in Jalandhar, Punjab, India.
What is Midland Microfin Limited's business model?
Midland Microfin Limited's core value proposition centers on World-class, technology-driven microfinance for the progressive poor, Collateral-free Joint Liability Group (JLG) lending on the Grameen model, Financial and social empowerment of women.
How does Midland Microfin Limited make money?
Midland Microfin Limited's cited revenue streams include Interest income from JLG and individual microloans, Credit-linked insurance premiums.