About Indian School Finance Company
Indian School Finance Company is a company based in Delhi (India) founded in 2008 was acquired by Varthana in March 2024.. Indian School Finance Company has raised $23.65 million across 6 funding rounds from investors including InCred, Manappuram Finance and Varthana. The company has 149 employees as of April 07, 2024. Indian School Finance Company operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
- Headquarter Delhi, India
- Employees 149 as on 07 Apr, 2024
- Stage Minicorn
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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 Indian School Finance Company Private Limited
- Date of Incorporation 09 May, 1994
- Jurisdiction Secunderabad, Telangana, India
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Annual Revenue
$14.51 M (USD)34.04as on Mar 31, 2019
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Net Profit
$1.57 M (USD)3.86as on Mar 31, 2019
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EBITDA
$9.24 M (USD)27.23as on Mar 31, 2019
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Total Equity Funding
$23.65 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Debt – Conventional
Aug 25, 2020
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Investors
InCred
& 9 more
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Employee Count
149
as on Apr 07, 2024
- Acquired by
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Funding Insights of Indian School Finance Company
Indian School Finance Company has successfully raised a total of $23.65M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in August 2020. 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 6
- Last Round Debt – Conventional — $25.0M
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First Round
First Round
(12 Nov 2009)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Debt – Conventional - Indian School Finance Company | Valuation |
investors |
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| Jun, 2020 | Amount | Series A - Indian School Finance Company | Valuation | Gray Matters Capital |
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| Sep, 2016 | Amount | Series A - Indian School Finance Company | Valuation | Gray Ghost Ventures |
| 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 Indian School Finance Company
Indian School Finance Company has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include InCred, Manappuram Finance and Varthana. 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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Potato farming, grain marketing, and equipment services in Maine.
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Founded Year | Domain | Location | |
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Stage agnostic VC firm investing in the US
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Founded Year | Domain | Location | |
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Financial services are provided, specializing in personal and business loans.
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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 Indian School Finance Company
| 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 - Indian School Finance Company
| 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 |
Indian School Finance Company Comparisons
Competitors of Indian School Finance Company
Indian School Finance Company 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 Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, 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 |
Consumer and SME loans are provided by Manappuram Finance.
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| 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 |
Online gold, home, personal, and business loans are provided.
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| domain | founded_year | HQ Location |
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
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| domain | founded_year | HQ Location |
Financial solutions including loans and insurance are offered.
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| domain | founded_year | HQ Location |
Household and business loans are provided with risk management support.
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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 Indian School Finance Company
Frequently Asked Questions about Indian School Finance Company
When was Indian School Finance Company founded?
Indian School Finance Company was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Indian School Finance Company located?
Indian School Finance Company is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Indian School Finance Company?
Steve Hardgrave is the current CEO of Indian School Finance Company.
Is Indian School Finance Company a funded company?
Indian School Finance Company is a funded company, having raised a total of $23.65M across 6 funding rounds to date. The company's 1st funding round was a Series A of $6.62M, raised on Nov 12, 2009.
How many employees does Indian School Finance Company have?
As of Apr 07, 2024, the latest employee count at Indian School Finance Company is 149.
What is the annual revenue of Indian School Finance Company?
Annual revenue of Indian School Finance Company is $14.51M as on Mar 31, 2019.
What does Indian School Finance Company do?
Founded in 2008, Indian School Finance Company operates as a non-banking financial entity based in Delhi, India. Credit services are offered to educational institutions and related entrepreneurs, focusing on loans for infrastructure development. These include construction of additional facilities, establishment of computer and science labs, addition of basic amenities, and adoption of digital teaching methods within school premises.
Who are the top competitors of Indian School Finance Company?
Indian School Finance Company's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
Who are Indian School Finance Company's investors?
Indian School Finance Company has 10 investors. Key investors include InCred, Manappuram Finance, Varthana, UGRO Capital, and Gray Matters Capital.
What is Indian School Finance Company's valuation?
The valuation of Indian School Finance Company is $22.75M as of Jun 2020.
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