IDLC Finance

Dhaka, Bangladesh Founded: 1985 • Age: 41 yrs
Commercial banking services are provided in Bangladesh by IDLC Finance.
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About IDLC Finance

IDLC Finance is a company based in Dhaka (Bangladesh) founded in 1985. It operates as a Commission-Based. IDLC Finance has raised $17.3 million across 1 funding round from investors including FMO. IDLC Finance offers products and services including Loans, Deposits, SME Finance, and Corporate Finance.

  • Headquarter Dhaka, Bangladesh
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Idlc Finance Plc
Operational Areas
Financial Services → Capital Markets & Trading
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $17.3 M (USD), Private Equity Round

    Jan 23, 2014

  • Investors
  • Employee Count
    Employee Count
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Products & Services of IDLC Finance

IDLC Finance offers a comprehensive portfolio of products and services, including Loans, Deposits, SME Finance, and Corporate Finance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Loans are provided for various personal and business needs.

Deposit schemes are offered for savings and investment purposes.

Financing solutions are tailored for small and medium enterprises.

Corporate financing options are provided for large business entities.

People of IDLC Finance
Headcount 1000-5000
Employee Profiles 37
Employee Profiles
People
Mohammad Mursalin
Manager (credit Manager)
People
Quazi Moyeen Ahmed
Assistant Manager
People
Shaown Maumud
Senior Executive Officer And Senior Associate Refinance Of Products And Business Management
People
M.D. Tanvir Ahmed
Management Trainee

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Funding Insights of IDLC Finance

IDLC Finance has successfully raised a total of $17.3M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $17.3 million completed in January 2014. 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 Rounds 1
  • Last Round Private Equity Round — $17.3M
  • First Round

    (23 Jan 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2014 Amount Private Equity Round - IDLC Finance Valuation FMO
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

Investors in IDLC Finance

IDLC Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FMO. 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
Venture Fund
Investor Description Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
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 IDLC Finance

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 - IDLC Finance

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

Idlc Finance Comparisons

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Competitors of IDLC Finance

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 Idlc Finance

Frequently Asked Questions about IDLC Finance

When was IDLC Finance founded?

IDLC Finance was founded in 1985 and raised its 1st funding round 29 years after it was founded.

Where is IDLC Finance located?

IDLC Finance is headquartered in Dhaka, Bangladesh.

Is IDLC Finance a funded company?

IDLC Finance is a funded company, having raised a total of $17.3M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $17.3M, raised on Jan 23, 2014.

What does IDLC Finance do?

A range of financial solutions is offered by IDLC Finance PLC, including loans, deposits, SME financing, and corporate finance. Services are designed to cater to personal, small and medium enterprise, and large corporate needs within the financial sector.

What products or services does IDLC Finance offer?

IDLC Finance offers Loans, Deposits, SME Finance, and Corporate Finance.

Who are IDLC Finance's investors?

IDLC Finance has 1 investor. Key investors include FMO.

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