What is Fusion?
Fusion operates as a microfinance institution, primarily serving women in rural and semi-urban regions of India. The company's core business involves providing small-ticket unsecured loans, with a strategic focus on enabling income-generating activities for its clients. This approach positions Fusion as a key player in fostering financial inclusion and economic empowerment within its operational areas. The company's consistent access to substantial capital, including major enterprise-level funding rounds, indicates a strong business model and significant market traction.
How much funding has Fusion raised?
Fusion has raised a total of $49.5M across 4 funding rounds:
Series B
$4.5M
Series C
$8.3M
Series D
$24.3M
Private Equity
$12.4M
Series B (2012): $4.5M with participation from Nordic Microfinance Initiative
Series C (2015): $8.3M led by Belgian Investment Company and Oikocredit
Series D (2016): $24.3M supported by Oikocredit, GAWA Capital, BIO Invest, and Creation Investments
Private Equity (2018): $12.4M featuring Creation Investments, Oikocredit, and GAWA Capital
Key Investors in Fusion
Creation Investments
Creation Investments is a prominent impact investor specializing in private equity and credit for financial inclusion in emerging markets, focusing on firms serving the unbanked and underbanked.
Oikocredit
Oikocredit is a global social impact investor that finances local partners in financial services, agriculture, and renewable energy to empower low-income individuals and communities.
BIO Invest
BIO (Belgian Investment Company) is a Development Finance Institution supporting private sector growth in developing countries through long-term financing and grants, balancing investment returns with development impact.
What's next for Fusion?
With the recent major strategic investment and a substantial total funding amount of $49.5M, Fusion is poised for accelerated expansion and enhanced service delivery. The company's trajectory suggests a focus on scaling its operations to reach a wider demographic of women entrepreneurs in India. Future initiatives will likely involve leveraging this capital to broaden its loan portfolio, enhance its technological infrastructure for greater accessibility, and potentially explore new geographical markets within India. The sustained backing from impact-focused investors signals confidence in Fusion's ability to deliver both financial returns and significant social impact.
See full Fusion company page
