About Piramal Finance
Piramal Finance is a company based in Mumbai (India) founded in 1984. It operates as a FinTech, and Subscription Services. The company has 232 employees as of April 08, 2024. Piramal Finance has completed 1 acquisition, including Piramal. Piramal Finance offers products and services including Home Loan, Personal Loan, Business Loan, and Loan Against Property. Piramal Finance operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
- Headquarter Mumbai, India
- Employees 232 as on 08 Apr, 2024
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Piramal Finance Limited
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$233.65 M (USD)947.66as on Mar 31, 2017
-
Net Profit
$30.26 M (USD)419.36as on Mar 31, 2017
-
EBITDA
$149.4 M (USD)1090.8as on Mar 31, 2017
-
Latest Funding Round
$29.97 M (USD), Debt – Conventional
Dec 01, 2015
-
Investors
-
Employee Count
232
as on Apr 08, 2024
- Investments & Acquisitions
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
Products & Services of Piramal Finance
Piramal Finance offers a comprehensive portfolio of products and services, including Home Loan, Personal Loan, Business Loan, and Loan Against Property. 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.
Home loans are provided for property purchase needs.
Personal loans are offered for immediate financial requirements.
Business loans are extended for corporate financial support.
Loans against property are provided for secured funding.
Unlock access to complete
Sales and Marketing
41 people
Leadership Team
23 people
Software Development Team
20 people
Operations Team
17 people
Data Analysis and Operations Team
17 people
Senior Team
13 people
Creative and Marketing Team
10 people
Product Management Team
8 people
Unlock access to complete
Funding Insights of Piramal Finance
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $30.0M
-
First Round
First Round
(01 Dec 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Debt – Conventional - Piramal Finance | Valuation |
investors |
|
| 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 |
Investments & Acquisitions by Piramal Finance
Piramal Finance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Piramal. 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 |
|---|---|---|---|---|---|
|
Real estate projects are developed by Piramal in Mumbai, India.
|
2015 |
| 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 - Piramal 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 |
Piramal Finance Comparisons
Competitors of Piramal Finance
Piramal 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, IIFL Finance, Hero Fincorp and Bajaj Finserv, 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 |
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 Piramal Finance
Frequently Asked Questions about Piramal Finance
When was Piramal Finance founded?
Piramal Finance was founded in 1984 and raised its 1st funding round 31 years after it was founded.
Where is Piramal Finance located?
Piramal Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Piramal Finance have?
As of Apr 08, 2024, the latest employee count at Piramal Finance is 232.
What is the annual revenue of Piramal Finance?
Annual revenue of Piramal Finance is $233.65M as on Mar 31, 2017.
What does Piramal Finance do?
Financial solutions are offered by Piramal Finance Limited across India, focusing on retail finance including home loans, personal loans, and business loans. Services are extended to various customer segments with an emphasis on digitization and online lending. Expansion of branches is pursued to maintain a human touch. Customized home loan solutions are developed to simplify the home-buying process. The company operates in the consumer finance sector, leveraging market opportunities and customer feedback to create value-driven financial products.
Who are the top competitors of Piramal Finance?
Piramal Finance's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
What products or services does Piramal Finance offer?
Piramal Finance offers Home Loan, Personal Loan, Business Loan, and Loan Against Property.
How many acquisitions has Piramal Finance made?
Piramal Finance has made 1 acquisition, including Piramal.