Origa

lendingother lending

FOUNDING YEAR: 2013
LOCATION:
Last Update: 04/07/2020

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About

Origa provides growth oriented financing to high growth unbanked companies with special focus on IMPACT sectors such as sanitation, waste management, renewable energy, education, job creating enterprises and affordable housing. In its asset leasing business, it provides assets on lease for companies to scale up and finally come into the banking gamut. Similarly venture debt provides critical working capital to companies to achieve and sustain growth initiatives.

Focus

PRODUCTS & SERVICES

Asset Life Cycle Management (ALCM), equipment/machinery leasing. Enables funding for unbanked and underbanked SME's and mid sized entrepreneurs.

REVENUE MODEL

Processing fee between 2-3% and lease fee depending on the cost of equipment, lease tenure and the credit appraisal.

MAIN CLIENTS

Business

COMMENT

Makes use of technology for almost all the business functions like customer acquisition and asset management.

People

FOUNDERS

Shrirang Tambe

NUMBER OF EMPLOYEES

11-50

INVESTORS:

500 Startups

500 Startups

ah! Ventures

ah! Ventures

Momentum

FUNDED

YES

TOTAL FUNDING

$1.1 M

DATE OF LAST FUNDING

Apr 2016

SEED & PRIOR FUNDING

$1.1 M

SEED CLOSED ON

Oct 2015

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2013

LOCATION:

Views:

98 VISITORS | 186 VIEWS
LATEST FUNDING ROUND

$1.1 M

TOTAL EMPLOYEES
11-50

About

Origa provides growth oriented financing to high growth unbanked companies with special focus on IMPACT sectors such as sanitation, waste management, renewable energy, education, job creating enterprises and affordable housing. In its asset leasing business, it provides assets on lease for companies to scale up and finally come into the banking gamut. Similarly venture debt provides critical working capital to companies to achieve and sustain growth initiatives.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
People+
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Innovation Programs

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