Share India Fincap, a non-banking financial company (NBFC), has expanded its operations to Odisha, a state with a significant portion of the population lacking basic banking services. The company aims to foster financial inclusion and support women's entrepreneurship by providing access to formal credit through digital means and offering financial tools, resources, and educational programs. This initiative contributes to the overall economic progress of the region and the nation.
Share India Fincap has served over 1.8 lakh clients across six states so far with a successful margin and now it aims to foster women's empowerment and financial inclusion in Odisha. The NBFC supports income-generating businesses in rural areas, focusing on rural economic development without personal expenditures. The company experienced a 21.72 per cent increase in revenue from operations and a 46.25 per cent growth in Profit after Tax (PAT) in the 2022-2023 financial year.
Agam Gupta, Executive Director at Share India Fincap Pvt. Ltd., mentioned, "We are excited to bring our services to Odisha, a state with immense potential for growth and entrepreneurship. Our mission is to empower rural women by providing them with the financial support and knowledge they need to succeed. By doing so, we are not just helping individuals, but also contributing to the overall economic progress of the region and the nation."
