About IIFL Finance
IIFL Finance is a company based in Mumbai (India) founded in 1995 by Nirmal Jain.. The company has 38,720 employees as of March 31, 2024. IIFL Finance has completed 2 acquisitions, including Infigo Eyecare and Samasta Micro Finance. IIFL Finance operates in a competitive market with competitors including L & T Finance Holdings, Kinara Capital, Dvara KGFS, Profectus Capital and Vistaar Financial Services, among others.
- Headquarter Mumbai, India
- Employees 38720 as on 31 Mar, 2024
- Founders Nirmal Jain
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Iifl Finance Limited
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Annual Revenue
$1.09 B (USD)-10.07as on Mar 31, 2024
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Net Profit
$44.28 M (USD)-78.52as on Mar 31, 2024
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EBITDA
$597.31 M (USD)-23.23as on Mar 31, 2024
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Latest Funding Round
$281.9 M (USD), Post-IPO
Jun 09, 2022
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Investors
British International Investment
& 4 more
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Employee Count
38720
as on Mar 31, 2024
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Investments & Acquisitions
Infigo Eyecare
& 1 more
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IPO & Listings of IIFL Finance
IIFL Finance is a publicly listed company on the NSE with ticker symbol IIFL 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 IIFL Finance
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $281.9M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Post-IPO - IIFL Finance | Valuation |
investors |
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| Jun, 2021 | Amount | Post-IPO - IIFL Finance | Valuation |
investors |
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| Jul, 2018 | Amount | Debt – Conventional - IIFL Finance | 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 IIFL Finance
IIFL Finance has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include British International Investment, Fairfax India Holdings and Abu Dhabi Investment Authority. 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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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Investments in early-stage startups are made by Brand Capital.
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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 IIFL Finance
IIFL Finance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Infigo Eyecare and Samasta Micro Finance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Chain of eye care clinics
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2018 | ||||
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Micro loans are provided in Karnataka and Tamil Nadu.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - IIFL Finance
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iifl Finance Comparisons
Competitors of IIFL Finance
IIFL Finance 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 L & T Finance Holdings, Kinara Capital, Dvara KGFS, Profectus Capital and Vistaar Financial Services, 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 |
Diversified lending services are provided as a non-banking financial institution.
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| domain | founded_year | HQ Location |
Collateral-free loans are provided to MSMEs for business operations.
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| domain | founded_year | HQ Location |
Loans for consumers and SMEs are provided alongside financial services.
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| domain | founded_year | HQ Location |
SME loans are provided to businesses in India.
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| domain | founded_year | HQ Location |
Provider of a financial services platform that provides small business loans and other financial products to micro, small, and medium-sized enterprises (MSMEs), aiming to support their growth and development
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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 Iifl Finance
Frequently Asked Questions about IIFL Finance
When was IIFL Finance founded?
IIFL Finance was founded in 1995 and raised its 1st funding round 12 years after it was founded.
Where is IIFL Finance located?
IIFL Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of IIFL Finance?
Monu Ratra is the current CEO of IIFL Finance.
How many employees does IIFL Finance have?
As of Mar 31, 2024, the latest employee count at IIFL Finance is 38,720.
What is the annual revenue of IIFL Finance?
Annual revenue of IIFL Finance is $1.09B as on Mar 31, 2024.
What does IIFL Finance do?
IIFL Finance Limited was founded in 1995 in Mumbai, India, and operates as a key entity in the financial services sector. A diverse array of loans and mortgages is offered through subsidiaries including IIFL Home Finance Limited, IIFL Samasta Finance Limited, and IIFL Open Fintech Private Limited. Nationwide operations are maintained with 3,119 branches across more than 500 cities, focusing on home, personal, business, and microfinance solutions.
Who are the top competitors of IIFL Finance?
IIFL Finance's top competitors include L & T Finance Holdings, Profectus Capital and Vistaar Financial Services.
Is IIFL Finance publicly traded?
Yes, IIFL Finance is publicly traded on NSE under the ticker symbol IIFL.
How many acquisitions has IIFL Finance made?
IIFL Finance has made 2 acquisitions, including Infigo Eyecare, and Samasta Micro Finance.
Who are IIFL Finance's investors?
IIFL Finance has 5 investors. Key investors include British International Investment, Fairfax India Holdings, Abu Dhabi Investment Authority, Capital Group, and Brand Capital.
What is IIFL Finance's ticker symbol?
The ticker symbol of IIFL Finance is IIFL on NSE.
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