Ujjivan Financial Services Pvt. Ltd.
Founder(s):
Samit Ghosh
Headquartered in Bangalore, Ujjivan Financial Services is one of the largest microfinance institutions of India with a pan-India presence. The company's business model is focused on serving the poor in the urban and semi-urban geographies. The company provides micro loans based on the JLG group model as well as on an individual basis for income generation purposes. The individual loan has variants based on customer requirement, such as small business loan, education loan, agricultural loans and secured business and housing loans. Ujjivan is one of the 5 Lok investments that received the first set of SFB approvals granted by RBI in 2015, and had its IPO in 2016.