FirstRand Bank

Mumbai, India Founded: 2008 • Age: 18 yrs Acquired By Centrum
Global investment bank

About FirstRand Bank

FirstRand Bank is a company based in Mumbai (India) founded in 2008 was acquired by Centrum in November 2017.. The company has 11 employees as of June 30, 2023.

  • Headquarter Mumbai, India
  • Employees 11 as on 30 Jun, 2023
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Firstrand Research & Advisory Services India Private Limited
  • Date of Incorporation 16 Jan, 2007
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Capital Markets & Trading
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    11

    as on Jun 30, 2023

  • Acquired by
    Centrum

    (Nov 01, 2017)

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Funding Insights of FirstRand Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in FirstRand Bank

FirstRand Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Centrum. 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.

All
Institutional
Investor Description Founded Year Domain Location
Integrated financial services are provided to corporates and individuals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FirstRand Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FirstRand Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Firstrand Bank Comparisons

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Competitors of FirstRand Bank

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Firstrand Bank

Frequently Asked Questions about FirstRand Bank

When was FirstRand Bank founded?

FirstRand Bank was founded in 2008.

Where is FirstRand Bank located?

FirstRand Bank is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of FirstRand Bank?

Ankur Singhal is the current CEO of FirstRand Bank.

How many employees does FirstRand Bank have?

As of Jun 30, 2023, the latest employee count at FirstRand Bank is 11.

What does FirstRand Bank do?

FirstRand India was established in 2008 in Mumbai, India, as a global investment bank. Advisory services for mergers and acquisitions, along with capital raising, are offered to clients across various sectors. Operations focus on financial structuring and transaction support, with a presence centered in India but extending internationally. Key leadership includes roles in finance, technology, and operations to manage these activities.

Who are FirstRand Bank's investors?

FirstRand Bank has 1 investor. Key investors include Centrum.

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