The company is registered with RBI as a Non-deposit taking Non-banking finance company.
M Power Micro Finance Pvt Ltd., is a MFI and was incorporated on 19th November 2009 with registered office situated in the state of Maharashtra.
Promoted by experienced team of Banking & financial services professionals having diversified exposure and encompassing across business segments and functions.
The promoters have had a long standing track record in highly reputed Banks and have handled Senior Management positions..
The Logo has been created with the letter “M” being depicted to impart a protective arm engulfing a symbolic group of women. The company would be focusing on Microfinance activities to women groups and would strive to be a protective force for these groups. The colour combination has stemmed from the thought that :
Green is the colour of nature. It symbolizes growth, harmony, freshness and fertility.
Blue is the colour of creativity. It is the “overwhelming” favourite colour, while it is seen as trustworthy, dependable and committed.
Red is the colour of love and compassion. It acts as a stimulant giving enthusiasm and energy while encouraging action and confidence.
Black is the colour of authority, power and steadfastness in approach.
Each of the above colours depict the very thought behind M Power Micro and its activities to eM Power the masses.
Mr. Dogra has 39 years of rich experience in the financial sector in the areas of banking and credit ratings. He has expertise in product conception and development across all sectors including Manufacturing, Infrastructure, Finance and SME among others. He has maintained a high growth trajectory after taking over as acting Managing Director and made CARE the second largest rating agency.
Mr. Dogra has closely worked with Government of India, especially Government of Maharashtra (Progressive Maharashtra Events) besides other ministries. He has been awarded the prestigious IPE (The Institute of Public Enterprises, Hyderabad) Corporate Excellence award for contribution to this field in 2013 and has also received IPE BFSI Leader Award. A profilic speaker at important seminars held by CII, ASSOCHAM and FICCI and also delivers lectures in various Management Colleges. He also showcases CARE in media discussions.
Mr. Rajesh Nuwal is a Graduate in Commerce from University of Rajasthan, Chartered Accountant (a Fellow Member of ICAI) and Cost and Works Accountant (Graduate of IICWA).
Mr. Rajesh Nuwal is a Founder & Managing Director of IndiaNivesh Limited. During his career of over 2 decades in financial services sector, Mr. Nuwal has successfully built various business verticals and organizations. Besides, he has led and concluded numerous financial and investment transactions, particularly in the field of stressed asset management, realty asset management, private equity, syndication of debt, equity and mezzanine capital for project financing, working capital financing, mergers & acquisitions and cross border transactions.
Mr. Nuwal entrepreneurial abilities are demonstrated by the emergence of IndiaNivesh Group in less than a decade, from a tiny startup to a formidable group offering multi product services, having a presence in more than 30 cities in India, consolidated Group revenues of Rs 390 million and forging strategic alliances with global players. Importantly these developments were achieved during turbulent times in financial sector.
Mr. Nuwal has also been invited to join the Leadership Team of Clemente Capital, LLC, USA. Clemente Capital has been co-founded by Mrs. Lilia Clemente and is planning to launch a global infrastructure fund which is likely to have a large allocation for India.
Shivaji Bade is a Post-Graduate in Agri. Business Management from Mumbai University. He has more than 8 years of rich experience in Financial Inclusion space, having worked in leading MFIs like Janalakshmi Financial Services, Grameen Financial Services & Spandana Spoorthy Financial Services. With a Go-getter attitude, his strenghts are in Business Development, Organization Expansion, People Management & Team Building. Apart from being responsible for Business development, he is also entrusted the task of managing the Business Correspondents, Agriculture & Agri Allied vertical at M Power.