Fusion Finance Ltd. Stock Analysis FUSION.NS

Fusion Finance Ltd. is a non-banking financial company-microfinance institution, which engages in the provision of financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. The company is headquartered in Gurgaon, Haryana and currently employs 15,274 full-time employees. The company went IPO on 2022-11-15. The firm is primarily engaged in providing financial services to underserved and unserved women in rural and semi-rural areas across India. The firm offers micro finance and micro, small, and medium-sized enterprises (MSME) services. Its MSME services include unsecured business loans, secured business loans and solar loans. The company offers small loans to women entrepreneurs from low-income communities who lack easy access to traditional financial services. The company offers a loan application platform called FINDOST. Its MSME segment is operational in eight states, including Uttar Pradesh, Bihar, Rajasthan, Gujarat, Haryana, Delhi, Jharkhand and Madhya Pradesh. The company serves an active borrower base of approximately 32 lakh clients through 1,571 branches across 22 states and Union Territories.