About Muthoot Fincorp
Muthoot Fincorp is a company based in Thiruvananthapuram (India) founded in 1887.. Muthoot Fincorp has raised $24.05 million across 2 funding rounds from investors including State Bank of India and Oriental Bank Of Commerce. The company has 24,904 employees as of October 08, 2025. Muthoot Fincorp has completed 1 acquisition, including Paymatrix. Muthoot Fincorp operates in a competitive market with competitors including Manappuram Finance, IIFL Finance, L & T Finance Holdings, Bajaj Finserv and Northern Arc Capital, among others.
- Headquarter Thiruvananthapuram, India
- Employees 24904 as on 08 Oct, 2025
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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 Muthoot Fincorp Limited
- Date of Incorporation 10 Jun, 1997
- Jurisdiction Thiruvananthapuram, Kerala, India
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Annual Revenue
$314.07 M (USD)3.91as on Mar 31, 2018
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Net Profit
$21.76 M (USD)30.55as on Mar 31, 2018
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EBITDA
$194.25 M (USD)9.31as on Mar 31, 2018
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Total Equity Funding
$24.05 M (USD)
in 2 rounds
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Latest Funding Round
$24.05 M (USD), Unspecified
Dec 26, 2023
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Investors
State Bank of India
& 1 more
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Employee Count
24904
as on Oct 08, 2025
- Investments & Acquisitions
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Funding Insights of Muthoot Fincorp
Muthoot Fincorp has successfully raised a total of $24.05M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $24.05 million completed in December 2023. 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 2
- Last Round Unspecified — $24.0M
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First Round
First Round
(01 Feb 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Unspecified - Muthoot Fincorp | Valuation |
investors |
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| Feb, 2013 | Amount | Debt – Conventional - Muthoot Fincorp | 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 Muthoot Fincorp
Muthoot Fincorp has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include State Bank of India and Oriental Bank Of Commerce. 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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Commercial banking and financial services are provided to diverse clients.
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Founded Year | Domain | Location | |
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Commercial banking services are provided to individuals and businesses.
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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 Muthoot Fincorp
Muthoot Fincorp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paymatrix. 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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Rent payments and collections are streamlined via a SaaS platform.
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2015 |
| 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 - Muthoot Fincorp
| 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 |
Muthoot Fincorp Comparisons
Competitors of Muthoot Fincorp
Muthoot Fincorp 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, IIFL Finance, L & T Finance Holdings, 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 |
Consumer and SME loans are provided by Manappuram Finance.
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| domain | founded_year | HQ Location |
Online gold, home, personal, and business loans are provided.
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| domain | founded_year | HQ Location |
Diversified lending services are provided as a non-banking financial institution.
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| domain | founded_year | HQ Location |
Financial solutions including loans and insurance are offered.
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| domain | founded_year | HQ Location |
Household and business loans are provided with risk management support.
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| domain | founded_year | HQ Location |
Collateral-free loans are provided to MSMEs for business operations.
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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 Muthoot Fincorp
Frequently Asked Questions about Muthoot Fincorp
When was Muthoot Fincorp founded?
Muthoot Fincorp was founded in 1887 and raised its 1st funding round 126 years after it was founded.
Where is Muthoot Fincorp located?
Muthoot Fincorp is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Who is the current CEO of Muthoot Fincorp?
Shaji Varghese is the current CEO of Muthoot Fincorp.
Is Muthoot Fincorp a funded company?
Muthoot Fincorp is a funded company, having raised a total of $24.05M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $30.46M, raised on Feb 01, 2013.
How many employees does Muthoot Fincorp have?
As of Oct 08, 2025, the latest employee count at Muthoot Fincorp is 24,904.
What is the annual revenue of Muthoot Fincorp?
Annual revenue of Muthoot Fincorp is $314.07M as on Mar 31, 2018.
What does Muthoot Fincorp do?
Muthoot Fincorp was established in 1887 in Thiruvananthapuram, India, as a non-banking financial entity. Operations focus on diverse lending and transaction services across the country. Gold loans, small business loans, affordable housing loans, two-wheeler loans, and used-car loans are extended to customers. Additional offerings include domestic money transfers, international remittances, wealth management, and foreign exchange services, supporting various financial needs in the region.
Who are the top competitors of Muthoot Fincorp?
Muthoot Fincorp's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
How many acquisitions has Muthoot Fincorp made?
Muthoot Fincorp has made 1 acquisition, including Paymatrix.
Who are Muthoot Fincorp's investors?
Muthoot Fincorp has 2 investors. Key investors include State Bank of India, and Oriental Bank Of Commerce.
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