Sindhuja Microcredit
Series C in 2024
Sindhuja Microcredit Pvt Ltd, established in 2017 and headquartered in Patna, India, specializes in providing credit products tailored to micro-entrepreneurs and small businesses. The company offers micro finance and micro enterprise loans, focusing on serving self-employed women entrepreneurs in rural and underserved areas, leveraging digital technology to enhance accessibility and affordability.
Ergos is focused on creating an integrated supply chain for farmers through the establishment of micro warehouses. The company acts as a transformational bank for farmers, utilizing technology to offer custodial services such as warehousing, loans, and market linkages, allowing farmers to turn their produce into financial assets. By maintaining a network of digitally connected rural micro warehouses, Ergos enables farmers to store their harvest, thereby preventing distress sales during peak harvest periods and minimizing waste through effective warehousing practices. Additionally, Ergos assists farmers in addressing immediate liquidity needs by collaborating with non-banking financial companies and banks. This model empowers farmers to sell their produce at optimal times, resulting in increased incomes of 25% to 30%. Founded in 2012 and based in Patna, Bihar, Ergos is dedicated to enhancing the agricultural supply chain and improving farmers' financial outcomes.
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