About PMC Bank
PMC Bank is a company based in Delhi (India) founded in 1984 was acquired by Centrum in June 2021.. PMC Bank operates in a competitive market with competitors including Abhyudaya Co-Operative Bank, Saraswat Co-operative Bank, The Greater Bombay Co-operative Bank, Shamrao Vithal Co-operative Bank and Cosmos Bank, among others.
- Headquarter Delhi, India
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of PMC Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 PMC Bank
PMC Bank has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BharatPe and Centrum. 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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Integrated financial services are provided to corporates and individuals.
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Payment acceptance and processing solutions provider for businesses
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by PMC Bank
| 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 |
Financial Statements - PMC Bank
| 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 |
Pmc Bank Comparisons
Competitors of PMC Bank
PMC Bank 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 Abhyudaya Co-Operative Bank, Saraswat Co-operative Bank, The Greater Bombay Co-operative Bank, Shamrao Vithal Co-operative Bank and Cosmos Bank, 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 |
Functions as a reliable co-operative bank offering essential financial services.
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| domain | founded_year | HQ Location |
Operates as an urban cooperative bank offering financial services to individuals and businesses.
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| domain | founded_year | HQ Location |
Functions as an urban co-operative bank for financial services.
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| domain | founded_year | HQ Location |
Urban co-operative banking services are provided in Mumbai since 1906.
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| domain | founded_year | HQ Location |
Functions as an urban co-operative bank providing financial services to members.
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| 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 Pmc Bank
Frequently Asked Questions about PMC Bank
When was PMC Bank founded?
PMC Bank was founded in 1984.
Where is PMC Bank located?
PMC Bank is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of PMC Bank?
Joy Thomas is the current CEO of PMC Bank.
What does PMC Bank do?
PMC Bank was established in 1984 as a co-operative institution in the banking sector. Operations are centered in Delhi, India, with a focus on financial services such as deposits, loans, and savings accounts for members. The bank functions under a co-operative model, emphasizing community-based lending and resource sharing. Leadership is provided by CEO MD Joy Thomas, overseeing activities within the Indian financial landscape.
Who are the top competitors of PMC Bank?
PMC Bank's top competitors include Saraswat Co-operative Bank, Cosmos Bank and Abhyudaya Co-Operative Bank.
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