About Mahindra Finance
Mahindra Finance is a company based in Mumbai (India) founded in 1991.. Mahindra Finance has raised $84.59 million across 18 funding rounds from investors including TPG-Axon Capital. The company has 26,473 employees as of April 02, 2024. Mahindra Finance has completed 1 acquisition, including Ideal Finance. Mahindra Finance offers products and services including Tractor Loan, Car Loan, Commercial Vehicle Loan, Fixed Deposits, and Personal Loan.
- Headquarter Mumbai, India
- Employees 26473 as on 02 Apr, 2024
- 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 Mahindra & Mahindra Financial Services Ltd.
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Annual Revenue
$2.17 B (USD)16.86as on Mar 31, 2024
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Net Profit
$264.25 M (USD)17.03as on Mar 31, 2024
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EBITDA
$1.34 B (USD)23.53as on Mar 31, 2024
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Total Equity Funding
$84.59 M (USD)
in 18 rounds
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Latest Funding Round
$163.58 M (USD), Post-IPO
Dec 07, 2017
- Investors
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Employee Count
26473
as on Apr 02, 2024
- Investments & Acquisitions
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IPO & Listings of Mahindra Finance
Mahindra Finance is a publicly listed company on the NSE with ticker symbol M&MFIN 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 Mahindra Finance
Mahindra Finance offers a comprehensive portfolio of products and services, including Tractor Loan, Car Loan, Commercial Vehicle Loan, Fixed Deposits, and Personal Loan. 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.
Financing for tractor purchases with easy terms and quick approval.
Loans for new or used cars with minimal documentation and flexible EMIs.
Funding for commercial vehicles to support business growth and operations.
Secure investment option offering competitive interest rates and returns.
Instant loans for individuals with flexible repayment and low documentation.
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Software Development Team
41 people
Human Resources and Administration
27 people
Leadership Team
20 people
Data Analysis and Operations Team
13 people
Legal and Compliance
12 people
Product Management Team
7 people
Head Team
6 people
Sales and Marketing
6 people
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Funding Insights of Mahindra Finance
Mahindra Finance has successfully raised a total of $84.59M across 18 strategic funding rounds. The most recent funding activity was a Post-IPO round of $163.58 million completed in December 2017. 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 18
- Last Round Post-IPO — $163.6M
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First Round
First Round
(31 Dec 1991)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2017 | Amount | Post-IPO - Mahindra Finance | Valuation |
investors |
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| Nov, 2012 | Amount | Post-IPO - Mahindra Finance | Valuation |
investors |
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| Feb, 2011 | Amount | Post-IPO - Mahindra Finance | 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 Mahindra Finance
Mahindra Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TPG-Axon Capital. 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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Global private equity investments are managed by TPG-Axon Capital.
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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 Mahindra Finance
Mahindra Finance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ideal Finance. 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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Consumer and SME loans are provided by Ideal Finance.
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2012 |
| 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 - Mahindra Finance
| 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 |
Mahindra Finance Comparisons
Competitors of Mahindra Finance
| 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 Mahindra Finance
Frequently Asked Questions about Mahindra Finance
When was Mahindra Finance founded?
Mahindra Finance was founded in 1991.
Where is Mahindra Finance located?
Mahindra Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Mahindra Finance?
Raul Rebello is the current CEO of Mahindra Finance.
Is Mahindra Finance a funded company?
Mahindra Finance is a funded company, having raised a total of $84.59M across 18 funding rounds to date. The company's 1st funding round was a Post-IPO of $22.62M, raised on Dec 31, 1991.
How many employees does Mahindra Finance have?
As of Apr 02, 2024, the latest employee count at Mahindra Finance is 26,473.
What is the annual revenue of Mahindra Finance?
Annual revenue of Mahindra Finance is $2.17B as on Mar 31, 2024.
What does Mahindra Finance do?
Mahindra Finance was founded in 1991 and is based in Mumbai, India. The company functions within the financial services sector, where loans are extended to consumers and small to medium enterprises. Key offerings encompass vehicle financing, personal loans, and business credit solutions. Operations are centered in India, addressing needs across urban and rural markets with a focus on accessible lending.
What products or services does Mahindra Finance offer?
Mahindra Finance offers Tractor Loan, Car Loan, Commercial Vehicle Loan, Fixed Deposits, and Personal Loan.
Is Mahindra Finance publicly traded?
Yes, Mahindra Finance is publicly traded on NSE under the ticker symbol M&MFIN.
How many acquisitions has Mahindra Finance made?
Mahindra Finance has made 1 acquisition, including Ideal Finance.
Who are Mahindra Finance's investors?
Mahindra Finance has 1 investor. Key investors include TPG-Axon Capital.
What is Mahindra Finance's ticker symbol?
The ticker symbol of Mahindra Finance is M&MFIN on NSE.
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