About ING Vysya Bank
ING Vysya Bank is a company based in Bengaluru (India) founded in 1930 was acquired by Kotak Mahindra Bank in November 2014.. ING Vysya Bank operates in a competitive market with competitors including Axis Bank, HDFC Bank, Bandhan Bank, RBL Bank and Yes Bank, among others.
- Headquarter Bengaluru, India
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Ing Vysya Bank Limited
- Date of Incorporation 29 Mar, 1930
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$273.2 M (USD)0as on Mar 31, 2024
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Net Profit
$80.34 M (USD)-12as on Mar 31, 2024
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EBITDA
$112.35 M (USD)-11as on Mar 31, 2024
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Latest Funding Round
$115.08 M (USD), Post-IPO
Jun 17, 2011
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Investors
Kotak Mahindra Bank
& 2 more
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Employee Count
Employee Count
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Acquired by
Kotak Mahindra Bank
(Nov 21, 2014)
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Funding Insights of ING Vysya Bank
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $115.1M
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First Round
First Round
(17 Jun 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Post-IPO - ING Vysya Bank | 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 ING Vysya Bank
ING Vysya Bank has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Kotak Mahindra Bank, ICICI Venture and ChrysCapital. 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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Alternative asset management and investment services in India.
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Founded Year | Domain | Location | |
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Investment firm focusing on private equity in sectors like financial services and healthcare.
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Founded Year | Domain | Location | |
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Commercial banking services are offered to corporate and retail customers.
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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 ING Vysya Bank
| 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 - ING Vysya Bank
| 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 |
Ing Vysya Bank Comparisons
Competitors of ING Vysya Bank
ING Vysya 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, HDFC Bank, Bandhan Bank, RBL Bank and Yes Bank, 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 |
Provider of a commercial banking services
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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 |
Personal and business banking services are offered to underbanked markets.
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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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| 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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Frequently Asked Questions about ING Vysya Bank
When was ING Vysya Bank founded?
ING Vysya Bank was founded in 1930 and raised its 1st funding round 81 years after it was founded.
Where is ING Vysya Bank located?
ING Vysya Bank is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ING Vysya Bank?
Bart Hellemans is the current CEO of ING Vysya Bank.
What is the annual revenue of ING Vysya Bank?
Annual revenue of ING Vysya Bank is $273.2M as on Mar 31, 2024.
What does ING Vysya Bank do?
ING Vysya Bank was founded in 1930 in Bengaluru, India, as a private sector institution. Retail, wholesale, and private banking operations were conducted nationwide. Services included deposit accounts, loans, and investment products for individual and corporate clients. Prior to the 2014 merger with Kotak Mahindra Bank, 8 billion in assets were managed across over 500 branches, serving more than 2 million customers.
Who are the top competitors of ING Vysya Bank?
Who are ING Vysya Bank's investors?
ING Vysya Bank has 3 investors. Key investors include Kotak Mahindra Bank, ICICI Venture, and ChrysCapital.
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