MicroSave Consulting (MSC) Market Research Report
Background
Overview
MicroSave Consulting (MSC) is a global consulting firm dedicated to advancing social, financial, and economic inclusion in the digital era. Established in 1998, MSC has been instrumental in promoting meaningful inclusion across various sectors. With a diverse team of over 300 professionals from different nationalities, MSC operates in more than 68 developing countries, collaborating with stakeholders in financial services, enterprise, agriculture, and health ecosystems to drive sustainable performance improvements and unlock enduring value.
Mission and Vision
MSC envisions a world where all individuals have access to high-quality, affordable, market-led financial, economic, and social services in the digital age. Its mission is to strengthen the capacity of institutions to deliver scalable financial, economic, and social inclusion through guiding policy, facilitating partnerships, providing comprehensive strategic advice, and offering actionable, on-site operational assistance.
Industry Significance
MSC holds a significant position in the consulting industry, particularly in the domains of financial inclusion and digital transformation. Its extensive experience and global reach enable it to influence policy, design innovative financial products, and implement strategies that enhance financial inclusion and economic development in underserved regions.
Key Strategic Focus
Core Objectives
MSC's strategic focus centers on enabling institutions to deliver market-led, scalable financial, economic, and social inclusion. This involves guiding policy, facilitating partnerships, providing strategic advice, and offering operational assistance to help clients seize digital opportunities and address mass markets effectively.
Areas of Specialization
MSC specializes in several key areas:
- Financial Services: Including government regulations and policy, digital technology and channels, product and channel development, policy and strategy, organizational transformation, design thinking and innovation, and data insights.
- Emerging Areas: Such as training, catalytic finance, research, evaluation, and analytics, responsible financial systems, institutional development, policy and regulation, and product development.
- Government: Encompassing research, risk management, strategy development, marketing and communication, program management, capacity building, and channel development.
Key Technologies Utilized
MSC employs a range of technologies to support its initiatives, including:
- Digital Platforms: For delivering financial services and training programs.
- Design Thinking Methodologies: Utilized in product development and innovation processes.
- Data Analytics Tools: For conducting research, evaluations, and impact assessments.
Primary Markets Targeted
MSC primarily targets developing countries across Asia, Africa, and Latin America, focusing on regions with significant underserved populations in need of financial inclusion and economic development services.
Financials and Funding
Funding History
As a privately held entity, MSC has not publicly disclosed detailed financial information or specifics about its funding history. The firm operates with a focus on sustainable growth and reinvestment to support its mission of promoting financial inclusion and economic development.
Recent Funding Rounds
There is no publicly available information regarding recent funding rounds or capital raised by MSC.
Notable Investors
MSC's funding sources are not publicly disclosed, and information about specific investors is not available.
Utilization of Capital
While specific details are not disclosed, it is understood that MSC utilizes its resources to:
- Expand its global operations and reach.
- Develop and implement innovative financial inclusion products and services.
- Conduct research and evaluations to inform policy and strategy development.
- Provide training and capacity-building programs to enhance institutional capabilities.
Pipeline Development
Key Projects and Initiatives
MSC is involved in various projects aimed at enhancing financial inclusion and economic development, including:
- Digital Transformation Support: Assisting financial institutions in adopting digital technologies to improve service delivery and reach underserved populations.
- Product Development: Designing and scaling financial products tailored to the needs of low- and middle-income populations.
- Policy Advisory: Providing guidance to governments and regulators on developing enabling ecosystems for financial inclusion.
- Training Programs: Offering capacity-building initiatives to strengthen institutional capabilities in delivering inclusive financial services.
Anticipated Milestones
While specific timelines for upcoming milestones are not publicly disclosed, MSC continues to expand its initiatives and partnerships to achieve its mission of promoting financial inclusion and economic development globally.
Technological Platform and Innovation
Proprietary Technologies
MSC has developed proprietary methodologies and tools to enhance its consulting services, including:
- MI4ID (Market Insights for Innovation and Design): An in-house design thinking approach that combines research with real-world application, placing the customer at the center of MSC's work.
Significant Scientific Methods
MSC employs various scientific methods to inform its projects, such as:
- Quantitative and Qualitative Research: Conducted to understand customer needs and inform product development.
- Behavioral Research: Used to design effective financial products and services.
AI-Driven Capabilities
While specific AI-driven capabilities are not detailed, MSC's focus on digital transformation and data analytics suggests the integration of advanced technologies to enhance service delivery and impact assessment.
Leadership Team
Key Executives
- Graham A.N. Wright: Founder and Group Managing Director.
- Manoj Kumar Sharma: Managing Director.
- Puneet Chopra: Managing Partner.
- Anil Kumar Gupta: Managing Partner.
- Mitul Thapliyal: Managing Partner.
- Vishrant Shukla: Managing Partner.
- Grace Retnowati: Partner.
- Edwin Mensah: Associate Partner.
- Akhand Jyoti Tiwari: Senior Partner.
- Abhishek Anand: Senior Partner.
- Parul Tandon: General Manager.
- Sunil Bhat: Partner.
- Sonal Jaitly: Associate Partner.
- Raunak Kapoor: Associate Partner.
- T.V.S. Ravi Kumar: Partner.
- Anurodh Giri: Associate Partner.
- Navin Bhushan: Partner.
- Akshat Pathak: Associate Partner.
- Ravi Kant: Associate Partner.
- Kunjbihari Daga: Partner.
- Kim Kariuki: Associate Partner.
- Samveet Sahoo: Associate Partner.
- Maansi Sharda: Senior Manager.
- Ritesh Rautela: Associate Partner.
- Disha Bhavnani: Senior Manager.
- Rajarshi Dutta Barua: Associate Partner.
- Puneet Khanduja: Associate Partner.
- Shubha Bhanu: Associate Partner.
- Ruchika Mehra: Associate Partner.
- Manish Mehrotra: General Manager.
- Nidhi Kaher: Deputy General Manager.
- Jyoti Shisodia: Deputy General Manager.
- Virendra Kumar Verma: Deputy General Manager.
- Hafsa Nooree: Deputy General Manager.
Competitor Profile
Market Insights and Dynamics
The consulting industry, particularly in the domains of financial inclusion and digital transformation, is experiencing significant growth. There is an increasing demand for services that promote economic development, enhance financial inclusion, and support digital innovation in developing regions.
Competitor Analysis
MSC operates in a competitive landscape with several key players offering similar services. Notable competitors include:
