Ujjivan Financial Services Ltd
Ujjivan Financial Services Ltd Company History
Ujjivan Financial Services started operations as an NBFC in 2005 with the mission of providing a full range of financial services to the economically active poor who are not adequately served by financial institutions.
2004
The Company commenced operations as a private limited company
2004
2005
Obtained registration from RBI to commence operations as an NBFC and commenced operations in southern region of India
2005
2006
Investment by MSDF
2006
2007
Introduced employee stock option scheme
The Company was awarded the Unitus Accelerator Award at the Unitus Leadership Summit.
2007
2008
Investment by MSDF, Elevar, IFIF, MUC, and Sarva Capital
Commenced operations in northern and eastern regions of India.
The Company was awarded the Microfinance Process Excellence Award - 08Â for South Region by Royal Bank of Scotland Group in partnership with PlaNet Finance.
2008
2009
Commenced operations in western region of India
The Company was ranked #1 amongst the best companies to work for in the MFI industry under the assessment study conducted by Great Places to Work Institute
The Company was awarded a certificate for reporting on social indicators to MIX under the gold category by Michael & Susan Dell Foundation in collaboration with Ford Foundation and CGAP.
2009
2010
The Company was ranked amongst the top 100 companies as IndiaÂs best companies to work for by The Economic Times in collaboration with the Great Place to Work Institute
The Company was awarded the Srijan MFI Transparency Award 2010Â in the established MFI category by Intellecap.
2010
2011
Commenced operations in north-eastern region of India
The Company was awarded for outstanding contribution in enrolling 1 mn members under the financial inclusion product "Group Term Life" by Bajaj Allianz.
The Company was ranked #14 amongst the best companies to work by The Economic Times in collaboration with the Great Place to Work Institute
The Company was ranked #1 amongst the best companies to work for in the MFI industry by The Economic Times in collaboration with the Great Place to Work Institute
The Company was awarded as the Organisation of the year under the large microfinance institution category at Microfinance India summit.
2011
2012
Investment by IFC and FMO
The Company was ranked #16 amongst amongst the top 50 companies having above 1,000 employees in IndiaÂs best companies to work for 2012 by The Economic Times in collaboration with the Great Place to Work Institute
The Company was ranked #21 amongst amongst IndiaÂs 25 best companies to work for by The Economic Times in collaboration with the Great Place to Work Institute
The Company was ranked #2 amongst the best companies to work for in the MFI industry under the assessment study conducted by Great Places to Work Institute.
2012
2013
Granted NBFC-MFI status by RBI
The Company was ranked #2 amongst the best companies by Endenred  India in collaboration with the Great Place to Work Institute
The Company was awarded amongst India's 100 innovative companies by Inc. India Magazine.
2013
2014
The Company was awarded as "Best Inspiring Place to Work" under the NBFC category by Banking Frontiers in collaboration with Deloitte
The Company was ranked #9 amongst the best companies to work for 2014 by The Economic Times in collaboration with the Great Place to Work Institute
The Company was awarded ÂMIX S.T.A.R. MFI 2013Â award by MIX.
2014
2015
Investment by Bajaj, CX Partners, NewQuest, Alena and CDC
Listing of secured and redeemable non  convertible debentures on BSE
Upgradation of CARE rating for long term bank facilities to "CARE A (Single A)".
The Company was awarded the certificate of excellence in recognition of smart innovation at the as Innovative 100 summit by Inc. India Magazine
The Company was ranked #1 amongst the best companies to work for 2015 under the microfinance industry by The Economic Times in collaboration with the Great Place to Work Institute
The Company was awarded the "Skoch Order-of-Merit" for qualifying amongst the IndiaÂs best in 2015 for capacity building and financial literacy by Skoch Group.
2015
2016
The Company was awarded "Corporate Citizen of the Year - 2016" by Public Relations Council of India
The Company was ranked #23 amongst the Best Workplaces 2016 Asia in the Â25 Best Large Workplaces (501+ Employees)Â category by the Great Place to Work Institute
2016
