Muthoot Microfin: Empowering Women and Winning Gold at SKOCH Awards 2025
Muthoot Microfin secures two Gold Awards at SKOCH 2025 for excellence in digital financial inclusion and insurance solutions, affirming its commitment to women's empowerment and financial innovation. The company, part of Muthoot Pappachan Group, continues to make significant societal impacts across India.
- Country:
- India
Muthoot Microfin, a leading microfinance institution focused on empowering women entrepreneurs, celebrated a double triumph at the SKOCH Awards 2025. The company bagged two prestigious Gold Awards for its innovative achievements in digital financial inclusion and insurance solutions.
The awards, presented to CEO Sadaf Sayeed by SKOCH Group's Chairman Sameer Kochhar and Vice-Chairman Gursharan Dhanjal in New Delhi, highlighted Muthoot Microfin's groundbreaking efforts. The 'Mahila Mitra' initiative won the Corporate Excellence Award for 'Best Customer Application on Digital Financial Inclusion', boasting 1.73 million downloads and a 4.2-star rating.
The company also received the BFSI Award for 'Best Insurance Scheme' with the Griha Raksha Insurance Scheme, aiding 2.66 million beneficiaries. Sadaf Sayeed remarked on the company's dedication to bridging the financial inclusion gap for women, emphasizing that such initiatives promote financial independence and social empowerment across rural India.
(With inputs from agencies.)
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