The Company was incorporated as Ambience Fincap Private Limited
Started operating under the brand name ‘Fusion’. First investment by RIF North 2 in our Company
First investment by NMI Frontier Fund and the other foreign shareholder of the Company at that time
Issuance of first Listed Non-Convertible Debentures Awarded ‘Best MFI of the Year 2014’ at ‘Microfinance India Awards 2014’ instituted by ACCESS.
Expanded operation in up to five states First investment by Oikocredit and Belgian Investment Company in our Company
First investment by Creation I and Global Financial Inclusion Fusion and certain existing shareholders, in our Company Awarded ‘Star of the Industry Awards’ under BFSI category from the Star Group. Recognized as ‘S.T.A.R (Socially Transparent and Responsible) MFI 2015’ by MIX
Achieved AUM of over INR 1000 Crore Awarded ‘Best Usage of ICT in Rural Development’ award at Business World Digital India Summit, 2017. Recognized as one of the ‘10 most valuable Non-banking Financial Companies’ by Insight Success.
Expanded operations up to 18 states. Issuance of market-linked debentures Awarded ‘Best NBFC – MFI in Customer Literacy and Capacity building’ at MFIN Awards,2018. ‘Champions of Rural Markets 2018’ award at The Economic Times Rural Strategy Summit, 2018. ‘Project of the Year Award 2018’ from the Project Management Institute, India 1st investment by Honey Rose, […]
Follow-on round from Honey Rose, which is directly owned by certain private equity funds managed by Warburg Pincus LLC and Creation II. Awarded ‘CSR Leadership Award’ by UBS Forums at CSR Summit & Awards 2019. Awarded ‘Best BFSI Brand’ at India UAE Strategic Conclave 2019. Awarded ‘Dream Company to Work’ in ‘Microfinance’ category from ABP […]
Awarded ‘Best Workplaces in Microfinance’ by Great Place to Work Institute India. Awarded ‘Financial Inclusion & Literacy Leadership Award 2020’ from AWOKE India Foundation at India Financial Literacy Conclave 2020 in the category ‘Institution’. Ranked 150th in the Special Report Financial Times High-Growth Companies Asia-Pacific 2020.-