Asirvad Microfinance Limited is an NBFc promoted by an IIT & IIM alumni Shri. S.V. Raja Vaidyanathan and his family members in the year 2007. It provides microfinance loans to women from poor and low-income household through its network of branches across 22 States in India. In February 2015, Manappuram acquired majority stakes and Asirvad is now a subsidiary company of the Gold Loan Company Manappuram Finance Ltd. The company has raised funds through term loans from Banks and leading NBFCs, listed NCDs and completed many securitization deals with Banks.