Jana Small Finance Bank

company

About

Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved.

  • 10001 - max

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
₹2.25B
Industries
Finance,Financial Services,FinTech,Lending
Founded date
Jan 1, 2006
Number Of Employee
10001 - max
Operating Status
Active

Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact.

Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
₹25.85B
Jana Small Finance Bank has raised a total of ₹25.85B in funding over 2 rounds. Their latest funding was raised on Nov 8, 2019 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 8, 2019 Private Equity(PE) ₹2.25B 1 TPG Detail
Sep 11, 2017 Private Equity(PE) ₹10.30B 1 TPG Detail
Apr 17, 2016 Private Equity(PE) ₹10B 1 TPG Detail
Jan 11, 2016 Series Unknown ₹3.30B 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
2
Jana Small Finance Bank is funded by 2 investors. TPG and Bellwether are the most recent investors.
Investor Name Lead Investor Funding Round
TPG Yes Private Equity(PE)
Bellwether Series Unknown