About Lakshmi Vilas Bank
Lakshmi Vilas Bank is a company based in Chennai (India) founded in 1926 was acquired by DBS Bank in November 2020.. The company has 1 employees as of March 28, 2024. Lakshmi Vilas Bank operates in a competitive market with competitors including Axis Bank, HDFC Bank, Bandhan Bank, RBL Bank and Yes Bank, among others.
- Headquarter Chennai, India
- Employees 1 as on 28 Mar, 2024
- Stage Public
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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 Lakshmi Vilas Bank Limited
- Date of Incorporation 03 Nov, 1926
- Jurisdiction Tamilnadu, Tamil Nadu, India
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Funding Insights of Lakshmi Vilas Bank
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $66.0M
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First Round
First Round
(03 Feb 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Post-IPO - Lakshmi Vilas Bank | Valuation |
investors |
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| Jan, 2017 | Amount | Post-IPO - Lakshmi Vilas Bank | Valuation |
investors |
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| Feb, 2012 | Amount | Grant - Lakshmi Vilas Bank | Valuation |
investors |
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| 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 Lakshmi Vilas Bank
Lakshmi Vilas Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DBS Bank. 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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Banking services, digital solutions, and wealth management for personal and corporate clients in India.
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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 Lakshmi Vilas 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 - Lakshmi Vilas 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 |
Lakshmi Vilas Bank Comparisons
Competitors of Lakshmi Vilas Bank
Lakshmi Vilas 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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Latest news on Lakshmi Vilas Bank
Frequently Asked Questions about Lakshmi Vilas Bank
When was Lakshmi Vilas Bank founded?
Lakshmi Vilas Bank was founded in 1926 and raised its 1st funding round 86 years after it was founded.
Where is Lakshmi Vilas Bank located?
Lakshmi Vilas Bank is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does Lakshmi Vilas Bank have?
As of Mar 28, 2024, the latest employee count at Lakshmi Vilas Bank is 1.
What does Lakshmi Vilas Bank do?
Lakshmi Vilas Bank was established in 1926 and is based in Chennai, India, within the banking sector. A network of 455 branches and 855 ATMs is maintained nationwide, with operations centered in Tamil Nadu. Financial services are delivered to retail, mid-market, and corporate customers, while para-banking options are facilitated through partnerships with insurance providers, mutual funds, stock brokers, and remittance services.
Who are the top competitors of Lakshmi Vilas Bank?
Who are Lakshmi Vilas Bank's investors?
Lakshmi Vilas Bank has 1 investor. Key investors include DBS Bank.