Manappuram Finance

Valapad, India Founded: 1992 • Age: 34 yrs
Consumer and SME loans are provided by Manappuram Finance.
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About Manappuram Finance

Manappuram Finance is a company based in Valapad (India) founded in 1992.. Manappuram Finance has raised $39.98 million across 11 funding rounds from investors including International Finance Corporation, Bain Capital and Ashmore. The company has 51,650 employees as of March 31, 2024. Manappuram Finance has completed 2 acquisitions, including Asirvad Microfinance and Indian School Finance Company. Manappuram Finance offers products and services including Gold Loan, Online Gold Loan, Vehicle Loan, and Personal Loan. Manappuram Finance operates in a competitive market with competitors including L & T Finance Holdings, IIFL Finance, Hero Fincorp, Bajaj Finserv and Northern Arc Capital, among others.

  • Headquarter Valapad, India
  • Employees 51650 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Manappuram Finance Limited
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $1.17 B (USD)
    12.75
    as on Mar 31, 2024
  • Net Profit
    $142.06 M (USD)
    -44.43
    as on Mar 31, 2024
  • EBITDA
    $874.07 M (USD)
    11.83
    as on Mar 31, 2024
  • Total Equity Funding
    $39.98 M (USD)

    in 11 rounds

  • Latest Funding Round
    $50.79 M (USD), Post-IPO

    Mar 21, 2025

  • Investors
  • Employee Count
    51650

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Manappuram Finance

Manappuram Finance is a publicly listed company on the NSE with ticker symbol MANAPPURAM 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.

Exchange: NSE · Ticker: MANAPPURAM . Sector: Finance · India

Products & Services of Manappuram Finance

Manappuram Finance offers a comprehensive portfolio of products and services, including Gold Loan, Online Gold Loan, Vehicle Loan, 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.

Primary

Provides loans against gold jewelry for immediate cash needs.

Enables 24/7 gold loans via online platform for convenience.

Offers loans against vehicles for personal or business use.

Secured loans for individual financial requirements and emergencies.

People of Manappuram Finance
Headcount 10000+
Employee Profiles 22
Board Members and Advisors 13
Employee Profiles
People
Bilumon V B
Technology Head , Senior Assistant General Manager - IT
People
V.P. Nandakumar
Managing Director & CEO
People
Ashwani Kumar Pathak
Executive Assistant
People
Alex George
DGM

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Board Members and Advisors
people
P Manomohanan
Board Member
people
Harshan Kollara
Board Member
people
Shailesh J Mehta
Board Member
people
Abhijit Sen
Board Member

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Funding Insights of Manappuram Finance

Manappuram Finance has successfully raised a total of $39.98M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $50.79 million completed in March 2025. 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 Rounds 11
  • Last Round Post-IPO — $50.8M
  • First Round

    (20 Dec 2007)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2025 Amount Post-IPO - Manappuram Finance Valuation

investors

Sep, 2019 Amount Debt – Conventional - Manappuram Finance Valuation

investors

May, 2019 Amount Debt – Conventional - Manappuram Finance Valuation

investors

IFC
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Manappuram Finance

Manappuram Finance has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Bain Capital and Ashmore. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
Founded Year Domain Location
Equity investments are focused on tech, services, and consumer sectors.
Founded Year Domain Location
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Manappuram Finance

Manappuram Finance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Asirvad Microfinance and Indian School Finance Company. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Micro loans for consumers are provided by Asirvad Microfinance.
2009
Loans are extended to schools for infrastructure enhancements.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Manappuram Finance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Manappuram Finance Comparisons

Employees
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Competitors of Manappuram Finance

Manappuram Finance 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 L & T Finance Holdings, IIFL Finance, Hero Fincorp, Bajaj Finserv and Northern Arc Capital, 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
Diversified lending services are provided as a non-banking financial institution.
domain founded_year HQ Location
Online gold, home, personal, and business loans are provided.
domain founded_year HQ Location
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
domain founded_year HQ Location
Financial solutions including loans and insurance are offered.
domain founded_year HQ Location
Household and business loans are provided with risk management support.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Manappuram Finance

Frequently Asked Questions about Manappuram Finance

When was Manappuram Finance founded?

Manappuram Finance was founded in 1992 and raised its 1st funding round 15 years after it was founded.

Where is Manappuram Finance located?

Manappuram Finance is headquartered in Valapad, India. It is registered at Valapad, Kerala, India.

Is Manappuram Finance a funded company?

Manappuram Finance is a funded company, having raised a total of $39.98M across 11 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $35M, raised on Dec 20, 2007.

How many employees does Manappuram Finance have?

As of Mar 31, 2024, the latest employee count at Manappuram Finance is 51,650.

What is the annual revenue of Manappuram Finance?

Annual revenue of Manappuram Finance is $1.17B as on Mar 31, 2024.

What does Manappuram Finance do?

Manappuram Finance was established in 1992 in Valapad, India, as a non-banking financial company. Operations focus on the lending sector, where consumer loans and small and medium enterprise financing are extended. Services include gold loans, personal loans, and business credit, primarily serving rural and semi-urban areas across India. The company operates through a network of branches, with digital platforms supporting loan applications and management.

Who are the top competitors of Manappuram Finance?

Manappuram Finance's top competitors include L & T Finance Holdings, Bajaj Finserv and Northern Arc Capital.

What products or services does Manappuram Finance offer?

Manappuram Finance offers Gold Loan, Online Gold Loan, Vehicle Loan, and Personal Loan.

Is Manappuram Finance publicly traded?

Yes, Manappuram Finance is publicly traded on NSE under the ticker symbol MANAPPURAM.

How many acquisitions has Manappuram Finance made?

Manappuram Finance has made 2 acquisitions, including Asirvad Microfinance, and Indian School Finance Company.

Who are Manappuram Finance's investors?

Manappuram Finance has 10 investors. Key investors include International Finance Corporation, Bain Capital, Ashmore, WestBridge Capital, and Apax Partners.

What is Manappuram Finance's ticker symbol?

The ticker symbol of Manappuram Finance is MANAPPURAM on NSE.

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