About HBL
HBL is a company based in Karachi (Pakistan) founded in 1940 by Dawood Habib and Mohammed Ali Habib.. HBL has raised $121.1 million across 3 funding rounds from investors including International Finance Corporation, China Developement Bank and British International Investment. HBL operates in a competitive market with competitors including Scotiabank, Bank Alfalah, MCB Bank, JS Bank and UBL Digital, among others.
- Headquarter Karachi, Pakistan
- Founders Dawood Habib, Mohammed Ali Habib
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$121.1 M (USD)
in 3 rounds
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Latest Funding Round
$196 M (USD), Debt – Conventional
Oct 13, 2018
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Investors
International Finance Corporation
& 2 more
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Employee Count
Employee Count
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Funding Insights of HBL
HBL has successfully raised a total of $121.1M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $196 million completed in October 2018. 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 3
- Last Round Debt – Conventional — $196.0M
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First Round
First Round
(01 Apr 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Debt – Conventional - HBL | Valuation |
investors |
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| Sep, 2018 | Amount | Debt – Conventional - HBL | Valuation |
investors |
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| Apr, 2015 | Amount | Private Equity Round - HBL | Valuation |
investors |
| 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 HBL
HBL has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include International Finance Corporation, China Developement Bank and British International Investment. 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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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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Development finance offered via long-term lending and bond issuance.
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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 HBL
| 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 - HBL
| 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 |
Hbl Comparisons
Competitors of HBL
HBL 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 Scotiabank, Bank Alfalah, MCB Bank, JS Bank and UBL Digital, 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 |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Financial solutions are offered to consumers, corporations, institutions, and governments.
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| domain | founded_year | HQ Location |
Operates as a diversified financial institution offering banking services.
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| domain | founded_year | HQ Location |
Offers commercial banking services, including deposits, loans, and payment solutions for customers.
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| domain | founded_year | HQ Location |
A commercial bank providing deposits, loans, and payment services to customers.
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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 Hbl
Frequently Asked Questions about HBL
When was HBL founded?
HBL was founded in 1940 and raised its 1st funding round 75 years after it was founded.
Where is HBL located?
HBL is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Is HBL a funded company?
HBL is a funded company, having raised a total of $121.1M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $121.1M, raised on Apr 01, 2015.
What does HBL do?
HBL was established in 1940 by founders Dawood Habib and Mohammed Ali Habib in Karachi, Pakistan. As a commercial bank, operations are centered on retail and corporate banking within the financial sector. Services such as deposits, loans, and payment processing are provided to customers nationwide. The bank maintains its headquarters in Karachi and extends its reach through branches across Pakistan.
Who are the top competitors of HBL?
HBL's top competitors include Scotiabank, Bank Alfalah and Silkbank.
Who are HBL's investors?
HBL has 3 investors. Key investors include International Finance Corporation, China Developement Bank, and British International Investment.
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