ESAF

Thrissur, India Founded: 1992 • Age: 34 yrs
Microfinance banking services are offered in India by ESAF.
Annual revenue $505.5M Latest available
Total funding $111.8M 5 rounds
Employees 12520 Tracked headcount
Investors 108 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About ESAF

ESAF is a company based in Thrissur (India) founded in 1992. ESAF has raised $111.83 million across 5 funding rounds from investors including ICICI Lombard, Muthoot Finance and Bajaj Allianz General Insurance. The company has 12,520 employees as of March 31, 2024. ESAF offers products and services including Savings Account, Current Account, Fixed Deposit, and Loans. ESAF operates in a competitive market with competitors including Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and Equitas Small Finance Bank, among others.

  • Headquarter Thrissur, India
  • Employees 12520 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Esaf Small Finance Bank Limited
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $505.49 M (USD)
    2.05
    as on Mar 31, 2024
  • Net Profit
    -$60.86 M (USD)
    -222.3
    as on Mar 31, 2024
  • EBITDA
    Not available
  • Total Equity Funding
    $111.83 M (USD)

    in 5 rounds

  • Latest Funding Round
    $22.22 M (USD), Series C

    Mar 31, 2021

  • Investors
    ICICI Lombard

    & 107 more

  • Employee Count
    12520

    as on Mar 31, 2024

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IPO & Listings of ESAF

ESAF is a publicly listed company on the NSE with ticker symbol ESAFSFB in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: ESAFSFB · Sector: Finance · India

Products & Services of ESAF

ESAF offers a comprehensive portfolio of products and services, including Savings Account, Current Account, Fixed Deposit, and Loans.

Product name locked
Category locked
Primary

Account for depositing and earning interest on savings.

Product name locked
Category locked
Locked

Account for business transactions and daily banking needs.

Product name locked
Category locked
Locked

Investment option for fixed-term deposits with guaranteed returns.

Product name locked
Category locked
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Financial products for personal and business borrowing requirements.

People of ESAF

Headcount 1000-5000
Employee Profiles 77
Employee Profiles
People
Jaice Pullokkaren
Functional Head Of Administration
People
Sanjith K.p
Branch Manager
People
Ashish Bernard
Senior Branch Manager-regional Branch
People
K Sunny
VP Head Collections And Recovery

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Funding Insights of ESAF

ESAF has successfully raised a total of $111.83M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $22.22 million completed in March 2021. 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.

Investors in ESAF

ESAF has secured backing from 108 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ICICI Lombard, Muthoot Finance and Bajaj Allianz General Insurance.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in public markets, commodities, private equities, and real estate by a family office.
Locked Locked Locked
Agro cooperative services, financial inclusion, and agricultural marketing in India.
Locked Locked Locked
Provider of life insurance services
Locked Locked Locked
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Investor details for ESAF

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ESAF

Investments
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Investment portfolio details for ESAF

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - ESAF

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Detailed financials for ESAF

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  • Profit trends
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Esaf Comparisons

ESAF Primary company
Description
Microfinance banking services are offered in India by ESAF.
Location
Thrissur, India
Founded Year
1992
Annual Revenue
$505.49 M (USD)
Net Profit
-$60.86 M (USD)
EBITDA
Not available
Employees
12,520
As of 2024
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Peer comparison for ESAF

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of ESAF

ESAF 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 Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and Equitas Small Finance Bank, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Small finance services are extended to underserved segments in India.
Locked Locked Locked
Microfinance bank
Locked Locked Locked
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
Locked Locked Locked
Small finance bank
Locked Locked Locked
Small finance bank
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Detailed competitors of ESAF

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Esaf

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Complete news archive for ESAF

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ESAF

ESAF was founded in 1992 and raised its 1st funding round 17 years after it was founded.

ESAF is headquartered in Thrissur, India. It is registered at Thrissur, Kerala, India.

Kadambelil Paul Thomas is the current CEO of ESAF.

ESAF is a funded company, having raised a total of $111.83M across 5 funding rounds to date.

As of Mar 31, 2024, the latest employee count at ESAF is 12,520.

Annual revenue of ESAF is $505.49M as on Mar 31, 2024.

ESAF was founded in 1992 in Thrissur, India, and operates as a microfinance institution focused on banking services for underserved communities. Loans, savings accounts, and financial inclusion programs are provided through its network across rural and semi-urban areas. Leadership is held by Kadambelil Paul Thomas as CEO and Managing Director, alongside Mareena Paul as Managing Director. The company functions within the financial services sector, emphasizing accessible credit solutions.

ESAF offers Savings Account, Current Account, Fixed Deposit, and Loans.

Yes, ESAF is publicly traded on NSE under the ticker symbol ESAFSFB.

ESAF has 108 investors. Key investors include ICICI Lombard, Muthoot Finance, Bajaj Allianz General Insurance, PNB MetLife, and Bajaj Allianz.

The ticker symbol of ESAF is ESAFSFB on NSE.

The valuation of ESAF is $460.76M as of Mar 2021.

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