About IDFC First Bank
IDFC First Bank is a company based in Mumbai (India) founded in 1997. The company has 42,190 employees as of March 31, 2024. IDFC First Bank has completed 1 acquisition, including GVMFL. IDFC First Bank operates in a competitive market with competitors including Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.
- Headquarter Mumbai, India
- Employees 42190 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Idfc First Bank Ltd.
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Annual Revenue
$5.07 B (USD)0as on Mar 31, 2025
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Net Profit
$174.4 M (USD)0as on Mar 31, 2025
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EBITDA
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Latest Funding Round
$874.58 M (USD), Post-IPO
Apr 17, 2025
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Investors
BNP Paribas
& 8 more
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Employee Count
42190
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of IDFC First Bank
IDFC First Bank is a publicly listed company on the NSE with ticker symbol IDFCFIRSTB 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.
Funding Insights of IDFC First Bank
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $874.6M
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First Round
First Round
(12 Jun 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Post-IPO - IDFC First Bank | Valuation |
investors |
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| Oct, 2023 | Amount | Post-IPO - IDFC First Bank | Valuation |
investors |
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| Apr, 2021 | Amount | Post-IPO - IDFC First Bank | Valuation |
investors |
Investors in IDFC First Bank
IDFC First Bank has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include BNP Paribas, Tata AIA and ICICI Prudential Life Insurance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Diversified investment management services are provided by the firm.
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Founded Year | Domain | Location | |
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Banking & financial service provider
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Founded Year | Domain | Location |
Investments & Acquisitions by IDFC First Bank
IDFC First Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GVMFL.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Micro Loans in Tamil Nadu
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1986 |
Financial Statements - IDFC First Bank
Idfc First Bank Comparisons
Competitors of IDFC First Bank
IDFC First Bank 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 Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a commercial banking services
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| domain | founded_year | HQ Location |
Personal and business banking services are offered to underbanked markets.
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| domain | founded_year | HQ Location |
Commercial and personal banking services are offered by HDFC Bank.
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| domain | founded_year | HQ Location |
Commercial banking services for personal and business needs are provided.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to corporate and retail customers.
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Latest news on Idfc First Bank
Frequently Asked Questions about IDFC First Bank
IDFC First Bank was founded in 1997 and raised its 1st funding round 23 years after it was founded.
IDFC First Bank is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vembu Vaidyanathan is the current CEO of IDFC First Bank.
As of Mar 31, 2024, the latest employee count at IDFC First Bank is 42,190.
Annual revenue of IDFC First Bank is $5.07B as on Mar 31, 2025.
Founded in 1997 and headquartered in Mumbai, India, IDFC First Bank operates as a commercial bank. A variety of personal and business banking products is offered, including savings and current accounts, loans, investments, credit cards, and wealth management services. The institution is focused on technology integration and ethical practices within the Indian financial sector.
Yes, IDFC First Bank is publicly traded on NSE under the ticker symbol IDFCFIRSTB.
IDFC First Bank has made 1 acquisition, including GVMFL.
IDFC First Bank has 9 investors. Key investors include BNP Paribas, Tata AIA, ICICI Prudential Life Insurance, HDFC Life, and Warburg Pincus.
The ticker symbol of IDFC First Bank is IDFCFIRSTB on NSE.