About Kotak Mahindra Bank
Kotak Mahindra Bank is a company based in Mumbai (India) founded in 1985 by Uday Kotak.. The company has 114,000 employees as of March 31, 2024. Kotak Mahindra Bank has completed 4 acquisitions, including BSS Microfinance, ING Vysya Bank and Prius Commercial. Kotak Mahindra Bank offers products and services including Savings Account, Credit Card, Personal Loan, and Fixed Deposit. Kotak Mahindra Bank operates in a competitive market with competitors including Axis Bank, HDFC Bank, Bandhan Bank, RBL Bank and Yes Bank, among others.
- Headquarter Mumbai, India
- Employees 114000 as on 31 Mar, 2024
- Founders Uday Kotak
- Stage Public
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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 Kotak Mahindra Bank Limited
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Annual Revenue
$12.5 B (USD)19.39as on Mar 31, 2024
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Net Profit
$2.58 B (USD)21.48as on Mar 31, 2024
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EBITDA
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Latest Funding Round
$993 M (USD), Post-IPO
May 31, 2020
- Investors
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Employee Count
114000
as on Mar 31, 2024
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Investments & Acquisitions
BSS Microfinance
& 3 more
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IPO & Listings of Kotak Mahindra Bank
Kotak Mahindra Bank is a publicly listed company on the NSE with ticker symbol KOTAKBANK 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.
Products & Services of Kotak Mahindra Bank
Kotak Mahindra Bank offers a comprehensive portfolio of products and services, including Savings Account, Credit Card, Personal Loan, and Fixed Deposit. 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.
Account for everyday transactions and savings with easy access.
Card for purchases, payments, and rewards programs worldwide.
Loan for personal needs with flexible repayment options.
Deposit scheme offering fixed returns over a set period.
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Leadership Team
120 people
Software Development Team
110 people
Sales and Marketing
29 people
Human Resources and Administration
22 people
Product Management Team
19 people
Deputy Team
15 people
Senior Team
12 people
Assistant Team
12 people
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Funding Insights of Kotak Mahindra Bank
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $993.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Post-IPO - Kotak Mahindra Bank | Valuation |
investors |
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| Mar, 2017 | Amount | Post-IPO - Kotak Mahindra Bank | Valuation |
investors |
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| Jun, 2013 | Amount | Post-IPO - Kotak Mahindra 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 Kotak Mahindra Bank
Kotak Mahindra Bank has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include ICICI Prudential Asset Management Company, CPP Investments and Caisse de depot et placement du Quebec. 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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Investment strategies are provided across diverse asset classes and markets.
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Founded Year | Domain | Location | |
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Private equity is invested by True North in mid-market companies.
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Founded Year | Domain | Location | |
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Real estate funds are managed through multiple investment strategies.
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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 Kotak Mahindra Bank
Kotak Mahindra Bank has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BSS Microfinance, ING Vysya Bank and Prius Commercial. 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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Limited information available
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2019 | ||||
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Micro loans in UP and North India
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2006 | ||||
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Microcredit is extended to low-income individuals and businesses.
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1999 |
| 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.
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2014 |
Financial Statements - Kotak Mahindra 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 |
Kotak Mahindra Bank Comparisons
Competitors of Kotak Mahindra Bank
Kotak Mahindra 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 |
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| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Kotak Mahindra Bank
Frequently Asked Questions about Kotak Mahindra Bank
When was Kotak Mahindra Bank founded?
Kotak Mahindra Bank was founded in 1985 and raised its 1st funding round 28 years after it was founded.
Where is Kotak Mahindra Bank located?
Kotak Mahindra Bank is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Kotak Mahindra Bank?
Uday Kotak is the current CEO of Kotak Mahindra Bank. They have also founded this company.
How many employees does Kotak Mahindra Bank have?
As of Mar 31, 2024, the latest employee count at Kotak Mahindra Bank is 114,000.
What is the annual revenue of Kotak Mahindra Bank?
Annual revenue of Kotak Mahindra Bank is $12.5B as on Mar 31, 2024.
What does Kotak Mahindra Bank do?
Kotak Mahindra Bank was founded in 1985 in Mumbai, India, as a provider of commercial banking services. Operations focus on personal banking, NRI banking, wealth management, SME financing, and wholesale banking for corporate and retail clients. Financial services include exclusive benefits and premium offerings. In 2022, annual revenues reached 8.51 billion, with net profit recorded at 1.86 billion. The domain is kotak.com.
Who are the top competitors of Kotak Mahindra Bank?
What products or services does Kotak Mahindra Bank offer?
Kotak Mahindra Bank offers Savings Account, Credit Card, Personal Loan, and Fixed Deposit.
Is Kotak Mahindra Bank publicly traded?
Yes, Kotak Mahindra Bank is publicly traded on NSE under the ticker symbol KOTAKBANK.
How many acquisitions has Kotak Mahindra Bank made?
Kotak Mahindra Bank has made 4 acquisitions, including BSS Microfinance, ING Vysya Bank, and Prius Commercial.
Who are Kotak Mahindra Bank's investors?
Kotak Mahindra Bank has 4 investors. Key investors include ICICI Prudential Asset Management Company, CPP Investments, Caisse de depot et placement du Quebec, and True North.
What is Kotak Mahindra Bank's ticker symbol?
The ticker symbol of Kotak Mahindra Bank is KOTAKBANK on NSE.
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