About Belstar Investment and Finance
Belstar Investment and Finance is a company based in Chennai (India) founded in 1988 by David Arturo Paradiso and Kalpanaa Sankar was acquired by Muthoot Finance in November 2016.. Belstar Investment and Finance has raised $138.56 million across 11 funding rounds from investors including Hinduja Leyland Finance, Muthoot Finance and International Finance Corporation. The company has 8,926 employees as of April 06, 2024. Belstar Investment and Finance operates in a competitive market with competitors including AU Small Finance Bank, Ujjivan Small Finance Bank, Equitas Small Finance Bank, Spandana Sphoorty Financial and Capital Small Finance Bank, among others.
- Headquarter Chennai, India
- Employees 8926 as on 06 Apr, 2024
- Founders David Arturo Paradiso, Kalpanaa Sankar
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Belstar Microfinance Limited
- Date of Incorporation 11 Jan, 1988
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$31.44 M (USD)0as on Mar 31, 2018
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Net Profit
$4.83 M (USD)0as on Mar 31, 2018
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EBITDA
$20.34 M (USD)0as on Mar 31, 2018
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Total Equity Funding
$138.56 M (USD)
in 11 rounds
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Latest Funding Round
$50.58 M (USD), Unspecified
Mar 29, 2022
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Investors
Hinduja Leyland Finance
& 24 more
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Employee Count
8926
as on Apr 06, 2024
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Acquired by
Muthoot Finance
(Nov 08, 2016)
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Funding Insights of Belstar Investment and Finance
Belstar Investment and Finance has successfully raised a total of $138.56M across 11 strategic funding rounds. The most recent funding activity was a Unspecified round of $50.58 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Unspecified — $50.6M
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First Round
First Round
(13 Nov 2009)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Unspecified - Belstar Investment and Finance | Valuation | Affirma Capital , unknown | |
| Aug, 2021 | Amount | Unspecified - Belstar Investment and Finance | Valuation | Affirma Capital | |
| Jul, 2018 | Amount | Unspecified - Belstar Investment and Finance | Valuation | Maj Invest |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Belstar Investment and Finance
Belstar Investment and Finance has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hinduja Leyland Finance, Muthoot Finance and International Finance Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Acquisitions and buyouts are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward ESG-focused companies.
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Founded Year | Domain | Location | |
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Investment management services and private equity funds are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Belstar Investment and Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Belstar Investment and Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Belstar Investment And Finance Comparisons
Competitors of Belstar Investment and Finance
Belstar Investment and Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AU Small Finance Bank, Ujjivan Small Finance Bank, Equitas Small Finance Bank, Spandana Sphoorty Financial and Capital Small Finance Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
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| domain | founded_year | HQ Location |
Small finance services are extended to underserved segments in India.
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| domain | founded_year | HQ Location |
Small finance bank
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| domain | founded_year | HQ Location |
Microfinance loans are extended to low-income households for various needs.
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| domain | founded_year | HQ Location |
Microfinance services including savings accounts and loans are provided.
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| domain | founded_year | HQ Location |
Microfinance bank
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Belstar Investment And Finance
Frequently Asked Questions about Belstar Investment and Finance
When was Belstar Investment and Finance founded?
Belstar Investment and Finance was founded in 1988 and raised its 1st funding round 21 years after it was founded.
Where is Belstar Investment and Finance located?
Belstar Investment and Finance is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Belstar Investment and Finance a funded company?
Belstar Investment and Finance is a funded company, having raised a total of $138.56M across 11 funding rounds to date. The company's 1st funding round was a Unspecified of $29.47M, raised on Nov 13, 2009.
How many employees does Belstar Investment and Finance have?
As of Apr 06, 2024, the latest employee count at Belstar Investment and Finance is 8,926.
What is the annual revenue of Belstar Investment and Finance?
Annual revenue of Belstar Investment and Finance is $31.44M as on Mar 31, 2018.
What does Belstar Investment and Finance do?
Belstar Investment and Finance was established in 1988 as a Chennai-based NBFC-MFI focused on microfinance. Collateral-free loans are provided to Self Help Group members for micro-enterprises, alongside education and home improvement options. Operations cover Tamil Nadu, Pondicherry, Karnataka, and Madhya Pradesh through 64 branches, serving 113,838 clients with a gross loan portfolio of Rs. 124 crore as of March 2014.
Who are the top competitors of Belstar Investment and Finance?
Belstar Investment and Finance's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and Jana Small Finance Bank.
Who are Belstar Investment and Finance's investors?
Belstar Investment and Finance has 25 investors. Key investors include Hinduja Leyland Finance, Muthoot Finance, International Finance Corporation, Affirma Capital, and Norfund.
What is Belstar Investment and Finance's valuation?
The valuation of Belstar Investment and Finance is $211.36M as of Mar 2022.