IndoStar

Mumbai, India Founded: 2009 • Age: 17 yrs Acquired By BPEA EQT
Consumer home loans are provided to individuals by IndoStar.
Annual revenue $25.2M Latest available
Total funding - Funding intelligence
Employees 975 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About IndoStar

IndoStar is a company based in Mumbai (India) founded in 2009 was acquired by BPEA EQT in September 2024. The company has 975 employees as of April 04, 2024. IndoStar operates in a competitive market with competitors including HomeFirst Finance, HDFC, India Shelter Finance Corporation, Shubham and Aadhar Housing Finance, among others.

  • Headquarter Mumbai, India
  • Employees 975 as on 04 Apr, 2024
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Indostar Home Finance Private Limited
  • Date of Incorporation 01 Jan, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $25.16 M (USD)
    44.48
    as on Mar 31, 2023
  • Net Profit
    $4.54 M (USD)
    10.11
    as on Mar 31, 2023
  • EBITDA
    $14.28 M (USD)
    22.7
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    975

    as on Apr 04, 2024

  • Acquired by
    BPEA EQT

    (Sep 19, 2024)

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People of IndoStar

Headcount 1000-5000
Employee Profiles 3
Employee Profiles
People
Pushkar Joshi
Chief Financial Officer

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Funding Insights of IndoStar

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Detailed funding history for IndoStar

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Investors in IndoStar

IndoStar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BPEA EQT.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity and real estate investment firm
Locked Locked Locked
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Investor details for IndoStar

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Investments & Acquisitions by IndoStar

Investments
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Investment portfolio details for IndoStar

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Financial Statements - IndoStar

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Detailed financials for IndoStar

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Indostar Comparisons

IndoStar Primary company
Description
Consumer home loans are provided to individuals by IndoStar.
Location
Mumbai, India
Founded Year
2009
Annual Revenue
$25.16 M (USD)
Net Profit
$4.54 M (USD)
EBITDA
$14.28 M (USD)
Employees
975
As of 2024
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Peer comparison for IndoStar

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Competitors of IndoStar

IndoStar 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 HomeFirst Finance, HDFC, India Shelter Finance Corporation, Shubham and Aadhar Housing Finance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Affordable home loans are extended to low and middle-income groups.
Locked Locked Locked
Provider of housing finance solutions
Locked Locked Locked
Housing loans are extended to middle-income households in India.
Locked Locked Locked
Affordable housing finance solutions are provided to underserved individuals.
Locked Locked Locked
Loans for affordable housing in tier 2,3 and 4 cities
Locked Locked Locked
Real estate financing company
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Detailed competitors of IndoStar

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Latest news on Indostar

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Complete news archive for IndoStar

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Frequently Asked Questions about IndoStar

IndoStar was founded in 2009.

IndoStar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Shreejit Menon is the current CEO of IndoStar.

As of Apr 04, 2024, the latest employee count at IndoStar is 975.

Annual revenue of IndoStar is $25.16M as on Mar 31, 2023.

IndoStar was established in 2009 and is headquartered in Mumbai, India. Operations are centered on the housing finance sector, where consumer home loans are extended to eligible borrowers. Services are delivered through digital and traditional channels via the domain indostarhfc.com. The company is led by CEO Shreejit Menon, with a focus on residential financing needs in the Indian market. Regulatory compliance is maintained under relevant financial guidelines.

IndoStar's top competitors include HomeFirst Finance, India Shelter Finance Corporation and HDFC.

IndoStar has 1 investor. Key investors include BPEA EQT.

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