About Muthoot Finance
Muthoot Finance is a company based in Ernakulam (India) founded in 1887.. Muthoot Finance has raised $222.53 million across 6 funding rounds from investors including Kotak Mahindra Bank, Wellcome and Baring Private Equity Partners. The company has 48,570 employees as of March 31, 2024. Muthoot Finance has completed 2 acquisitions, including Belstar Investment and Finance and IDBI Mutual Fund. Muthoot Finance offers products and services including Gold Loan, Housing Finance, Personal Loan, Small Business Loan, and Vehicle Loan. Muthoot Finance operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, Bajaj Finserv, IIFL Finance and Hero Fincorp, among others.
- Headquarter Ernakulam, India
- Employees 48570 as on 31 Mar, 2024
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Muthoot Finance Ltd
-
Annual Revenue
$2.36 B (USD)33.68as on Mar 31, 2024
-
Net Profit
$623.01 M (USD)23.32as on Mar 31, 2024
-
EBITDA
$1.85 B (USD)33.15as on Mar 31, 2024
-
Total Equity Funding
$222.53 M (USD)
in 6 rounds
-
Latest Funding Round
$140.9 M (USD), Debt – Conventional
Sep 26, 2019
-
Investors
Kotak Mahindra Bank
& 5 more
-
Employee Count
48570
as on Mar 31, 2024
-
Investments & Acquisitions
Belstar Investment and Finance
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Muthoot Finance
Muthoot Finance is a publicly listed company on the NSE with ticker symbol MUTHOOTFIN 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 Muthoot Finance
Muthoot Finance offers a comprehensive portfolio of products and services, including Gold Loan, Housing Finance, Personal Loan, Small Business Loan, and Vehicle 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.
Provides loans against gold jewelry for immediate personal financial needs
Offers funding for home purchases and real estate development
Delivers unsecured loans for individual expenses and emergencies
Supports small enterprises with tailored business financing options
Facilitates loans for purchasing vehicles and transportation needs
Funding Insights of Muthoot Finance
Muthoot Finance has successfully raised a total of $222.53M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $140.9 million completed in September 2019. 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 6
- Last Round Debt – Conventional — $140.9M
-
First Round
First Round
(23 Jul 2010)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - Muthoot Finance | Valuation |
investors |
|
| May, 2016 | Amount | Private Equity Round - Muthoot Finance | Valuation |
investors |
|
| Jun, 2014 | Amount | Private Equity Round - Muthoot Finance | Valuation | GIC |
|
| 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 Muthoot Finance
Muthoot Finance has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Kotak Mahindra Bank, Wellcome and Baring Private Equity Partners. 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 |
|---|---|---|---|---|
|
Sovereign wealth is managed and private equity investments are facilitated.
|
Founded Year | Domain | Location | |
|
Venture capital investment firm
|
Founded Year | Domain | Location | |
|
Private equity firm focusing on buyouts and investments in multiple sectors
|
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 Muthoot Finance
Muthoot Finance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Belstar Investment and Finance and IDBI Mutual Fund. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Mutual fund investments and research are offered online to individuals.
|
2010 | ||||
|
Micro loans are extended to SHG members for enterprise setup.
|
1988 |
| 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 - Muthoot Finance
| 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 |
Muthoot Finance Comparisons
Competitors of Muthoot Finance
Muthoot 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 Manappuram Finance, L & T Finance Holdings, Bajaj Finserv, IIFL Finance and Hero Fincorp, 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 |
Consumer and SME loans are provided by Manappuram Finance.
|
|
| domain | founded_year | HQ Location |
Diversified lending services are provided as a non-banking financial institution.
|
|
| domain | founded_year | HQ Location |
Financial solutions including loans and insurance are offered.
|
|
| 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 |
Consumer and SME loans are provided by Mahindra Finance.
|
| 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 Muthoot Finance
Frequently Asked Questions about Muthoot Finance
When was Muthoot Finance founded?
Muthoot Finance was founded in 1887 and raised its 1st funding round 123 years after it was founded.
Where is Muthoot Finance located?
Muthoot Finance is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.
Who is the current CEO of Muthoot Finance?
Dheen Lavi is the current CEO of Muthoot Finance.
Is Muthoot Finance a funded company?
Muthoot Finance is a funded company, having raised a total of $222.53M across 6 funding rounds to date. The company's 1st funding round was a Private Equity Round of $70.5M, raised on Jul 23, 2010.
How many employees does Muthoot Finance have?
As of Mar 31, 2024, the latest employee count at Muthoot Finance is 48,570.
What is the annual revenue of Muthoot Finance?
Annual revenue of Muthoot Finance is $2.36B as on Mar 31, 2024.
What does Muthoot Finance do?
Founded in 1887 in Ernakulam, India, Muthoot Finance operates in the financial services sector. Gold-secured loans are offered to individuals and small businesses lacking access to formal credit. Additional services include housing loans, personal loans, small business financing, insurance products, and SME loans. Operations focus on catering to underserved borrowers through a network centered in India.
Who are the top competitors of Muthoot Finance?
Muthoot Finance's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
What products or services does Muthoot Finance offer?
Muthoot Finance offers Gold Loan, Housing Finance, Personal Loan, Small Business Loan, and Vehicle Loan.
Is Muthoot Finance publicly traded?
Yes, Muthoot Finance is publicly traded on NSE under the ticker symbol MUTHOOTFIN.
How many acquisitions has Muthoot Finance made?
Muthoot Finance has made 2 acquisitions, including Belstar Investment and Finance, and IDBI Mutual Fund.
Who are Muthoot Finance's investors?
Muthoot Finance has 6 investors. Key investors include Kotak Mahindra Bank, Wellcome, Baring Private Equity Partners, GIC, and Z47.
What is Muthoot Finance's ticker symbol?
The ticker symbol of Muthoot Finance is MUTHOOTFIN on NSE.
What is Muthoot Finance's valuation?
The valuation of Muthoot Finance is $1.25B as of Jul 2010.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.