About Fullerton India
Fullerton India is a Financial Services company based in Mumbai (India) founded in 2007, and was acquired by Sumitomo Mitsui Financial Group in July 2021. Real estate financing and related lending services are provided. Its chief executive, as recorded, is Ruben De. Its focus areas include Consumer and SME Loans and Diversified. Its legal entity in India is Fullerton India Social And Economic Development Private Limited (U85100MH2009PTC191341). Its competitors include Manappuram Finance, IIFL Finance and L & T Finance Holdings; 1 of its 3 listed competitors has raised funding.
Company details
Fullerton India was established in 2007 and is based in Mumbai, India. Financing for real estate projects is offered, alongside personal and business loans, loans secured against property, insurance policies, and investment products. Operations are conducted within the financial services sector, with a focus on accessible lending and investment options for clients across India.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fullertonindia.com
- Social LinkedIn X Facebook
- Acquired by Sumitomo Mitsui Financial Group (Jul 2021)
- Legal Name Fullerton India Social And Economic Development Private Limited
- Date of Incorporation 31 Mar, 2009
- Jurisdiction Mumbai, Maharashtra, India
- Latest Funding Round$350M (USD), Debt – Conventional
Sep 2022
- InvestorsInternational Finance Corporation
& 3 more
- Acquired by
Associated legal entities of Fullerton India
Fullerton India is associated with 2 registered companies on The Company Check; the primary company is Fullerton India Social And Economic Development Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fullerton India Social And Economic Development Private Limited CIN U85100MH2009PTC191341 | Strike Off | 31 Mar 2009 | Mumbai, Maharashtra | 2 | View details | ||
| Smfg India Credit Company Limited CIN U65191TN1994PLC079235 | Active | 30 Aug 1994 | Sriperumbudur, Tamil Nadu | ₹8,083 Cr | 21,762 | 16 | View details |
Funding Insights of Fullerton India
- Total Rounds 4
- Last Round Debt – Conventional — $350M
- First Round $70.5M
(Jun 2015)
- Investors Count 2
All 4 funding rounds of Fullerton India with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $350M | Debt – Conventional | – | – | |
| Oct 2017 | $76M | Debt – Conventional | – | – | |
| Oct 2016 | $74.79M | Debt – Conventional | – | – | – |
| Jun 2015 | $70.5M | Debt – Conventional | – | – |
4 investors in total: 4 institutional.
Investors in Fullerton India
Fullerton India has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include International Finance Corporation, SMFG and Temasek.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Commercial banking services are provided by Sumitomo Mitsui Financial Group. | 2002 | smbcgroup.com | Chiyoda City, Japan | |
Commercial bank | 2002 | smfg.co.jp | Chiyoda-ku, Japan |
Investor details for Fullerton India
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
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Board of directors of Fullerton India Social And Economic Development Private Limited (Fullerton India)
Fullerton India Social And Economic Development Private Limited is the primary company behind Fullerton India. The boards of the 2 registered companies of Fullerton India currently have 14 directors; the longest-serving is Pankaj Malik, appointed in 2016. 69 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Malik DIN 03554093 | CFO | 15 Mar 2016 | 10 yrs 7 mo | Smfg India Credit Company Limited |
| Rakesh Makkar DIN 01225230 | Director | 24 Jun 2016 | 10 yrs 4 mo | Fullerton India Social And Economic Development Private Limited |
| Sanjiv Surendra Gyani DIN 08539560 | Additional Director | 19 Aug 2019 | 7 yrs 2 mo | Fullerton India Social And Economic Development Private Limited |
| Shantanu Mitra DIN 03019468 | Managing Director | 02 Apr 2021 | 5 yrs 7 mo | Smfg India Credit Company Limited |
| Rajeev Veeravalli Kannan DIN 01973006 | Director | 30 Nov 2021 | 4 yrs 11 mo | Smfg India Credit Company Limited |
| Seema Bahuguna DIN 09527493 | Director | 26 Apr 2022 | 4 yrs 6 mo | Smfg India Credit Company Limited |
| Diwakar Gupta DIN 01274552 | Director | 13 Jul 2022 | 4 yrs 3 mo | Smfg India Credit Company Limited |
| Ram Narayanan Colathur DIN 00211906 | Director | 07 Sep 2022 | 4 yrs 2 mo | Smfg India Credit Company Limited |
| Dakshita Das DIN 07662681 | Director | 28 Feb 2023 | 3 yrs 8 mo | Smfg India Credit Company Limited |
| Keishi Iwamoto DIN 10297888 | Director | 01 Oct 2023 | 3 yrs 1 mo | Smfg India Credit Company Limited |
| Yoshitaka Ando DIN 10788149 | Director | 13 Jan 2025 | 1 yr 9 mo | Smfg India Credit Company Limited |
| Toshitake Funaki DIN 11205897 | Director | 19 Sep 2025 | 1 yr 1 mo | Smfg India Credit Company Limited |
| Ravi Narayanan DIN 08528459 | Managing Director | 22 Sep 2025 | 1 yr 1 mo | Smfg India Credit Company Limited |
| Murali Ramakrishnan DIN 01028298 | Director | 10 Oct 2025 | 1 yr | Smfg India Credit Company Limited |
People of Fullerton India
227 people are tracked at Fullerton India (92 in leadership, 8 in board & advisors, 127 in team).
| Name | Role | Group |
|---|---|---|
Ruben De | CEO & Managing Director | Leadership |
Leslie Fernandes | General Manager & Head - Process Management Group | Leadership |
Dhananjay Tiwari | Chief Risk Officer | Leadership |
Srinivasan Balachander | Chief Compliance Officer | Leadership |
Anindita Chatterjee | Vice President Marketing | Leadership |
Sunil Kaw | Head of Credit Underwriting | Leadership |
Ashish Powle | EVP & Chief Credit Officer | Leadership |
Anshul Shrivastava | Head Credit Underwriting (rural Business)smfg India Credit | Leadership |
Ajit Rane | Senior Vice President - Regional Business Manager | Leadership |
Nilesh Mankame | Vice President- State Head Business Loans | Leadership |
Sanjeeb Prusti | Executive Vice President | Leadership |
Mitesh Vora | Group Head IT Infrastructure And Secops | Leadership |
Soubhik Ghosh | Senior Vice President, Corporate Strategy & Planning | Leadership |
Sushil Kumar | Head - South | Leadership |
Swaminathan Subramanian | Chief People Officer | Leadership |
Ashwini Pandey | Assistant Vice President Technology | Leadership |
| CEO & Managing Director | Leadership | |
Joyal Nadar | Sr. Vice President - Litigation | Leadership |
Vineet Venugopalan | Chief Information Officer | Leadership |
Anand Wagh | General Manager - Head Of Collection (secured) | Leadership |
207 more people are available in the full profile.
Complete people profiles for Fullerton India
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Fullerton India
5 dated milestones of Fullerton India across 17 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Temasek.
- Founded Fullerton India is founded.
- Funding First funding round of $70.5M.
- Exit Acquired by Sumitomo Mitsui Financial Group.
- Funding Latest funding round, Debt – Conventional, of $350.0M.
Competitors of Fullerton India
Fullerton India has 3 listed competitors in our database, 1 of them funded. They include Manappuram Finance, IIFL Finance and L & T Finance Holdings.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. | ||
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. |
Detailed competitors of Fullerton India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
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Web traffic of Fullerton India
Websites that share an audience with Fullerton India (fullertonindia.com).
Websites whose visitors overlap most with Fullerton India. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| reliancehomefinance.com | 90% | View details | |||
| gruh.com | 82% | View details |
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Fullerton India (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Related news about Fullerton India
Complete news archive for Fullerton India
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Frequently Asked Questions about Fullerton India
Fullerton India was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Fullerton India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ruben De is the CEO of Fullerton India, as recorded in our data.
Fullerton India was established in 2007 and is based in Mumbai, India. Financing for real estate projects is offered, alongside personal and business loans, loans secured against property, insurance policies, and investment products. Operations are conducted within the financial services sector, with a focus on accessible lending and investment options for clients across India.
Fullerton India's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Fullerton India has 4 investors. Key investors include International Finance Corporation, SMFG, Temasek, and SMBC Group.
Fullerton India is associated with 2 legal entities: Fullerton India Social And Economic Development Private Limited, Smfg India Credit Company Limited.
Yes. Fullerton India was acquired by Sumitomo Mitsui Financial Group in July 2021.
The legal entities of Fullerton India currently have 15 directors, including Rakesh Makkar, Sanjiv Surendra Gyani, Diwakar Gupta and others.