About Poonawalla Finance
Poonawalla Finance is a company based in Pune (India) founded in 1985.. Poonawalla Finance has raised $286.16 thousand across 2 funding rounds from investors including Serum Institute of India and Bension Finvest. The company has 4 employees as of March 30, 2024. Poonawalla Finance offers products and services including Personal Loan, Business Loan, and Professional Loan. Poonawalla Finance operates in a competitive market with competitors including L & T Finance Holdings, IIFL Finance, Kinara Capital, Dvara KGFS and Profectus Capital, among others.
- Headquarter Pune, India
- Employees 4 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Poonawalla Finance Private Limited
- Date of Incorporation 15 Jan, 1985
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$12.28 M (USD)856.34as on Mar 31, 2020
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Net Profit
$4.12 M (USD)1257.05as on Mar 31, 2020
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EBITDA
$7.26 M (USD)6963.69as on Mar 31, 2020
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Total Equity Funding
$286.16 K (USD)
in 2 rounds
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Latest Funding Round
$125.01 K (USD), Unspecified
May 29, 2015
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Investors
Serum Institute of India
& 1 more
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Employee Count
4
as on Mar 30, 2024
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Products & Services of Poonawalla Finance
Poonawalla Finance offers a comprehensive portfolio of products and services, including Personal Loan, Business Loan, and Professional 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.
Online loan for individual financial needs and expenses.
Funding for business operations and growth initiatives.
Loans tailored for professionals like doctors and lawyers.
Unlock access to complete
Funding Insights of Poonawalla Finance
Poonawalla Finance has successfully raised a total of $286.16K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $125.01 thousand completed in May 2015. 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 — $125,007
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First Round
First Round
(01 Apr 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Unspecified - Poonawalla Finance | Valuation | Serum Institute of India |
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| Apr, 2012 | Amount | Unspecified - Poonawalla Finance | Valuation | Bension Finvest |
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| 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 Poonawalla Finance
Poonawalla Finance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Serum Institute of India and Bension Finvest. 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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Founded Year | Domain | Location | |
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Vaccines and immuno-biological drugs for infectious diseases are manufactured.
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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 Poonawalla Finance
| 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 - Poonawalla Finance
| 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 |
Poonawalla Finance Comparisons
Competitors of Poonawalla Finance
Poonawalla 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, Kinara Capital, Dvara KGFS and Profectus 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.
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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 |
Collateral-free loans are provided to MSMEs for business operations.
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| domain | founded_year | HQ Location |
Loans for consumers and SMEs are provided alongside financial services.
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| domain | founded_year | HQ Location |
SME loans are provided to businesses in India.
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| domain | founded_year | HQ Location |
Provider of a financial services platform that provides small business loans and other financial products to micro, small, and medium-sized enterprises (MSMEs), aiming to support their growth and development
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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 Poonawalla Finance
Frequently Asked Questions about Poonawalla Finance
When was Poonawalla Finance founded?
Poonawalla Finance was founded in 1985 and raised its 1st funding round 27 years after it was founded.
Where is Poonawalla Finance located?
Poonawalla Finance is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Poonawalla Finance?
Abhay Bhutada is the current CEO of Poonawalla Finance.
Is Poonawalla Finance a funded company?
Poonawalla Finance is a funded company, having raised a total of $286.16K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $161.16K, raised on Apr 01, 2012.
How many employees does Poonawalla Finance have?
As of Mar 30, 2024, the latest employee count at Poonawalla Finance is 4.
What is the annual revenue of Poonawalla Finance?
Annual revenue of Poonawalla Finance is $12.28M as on Mar 31, 2020.
What does Poonawalla Finance do?
Poonawalla Finance was founded in 1985 and is headquartered in Pune, India. The company operates within the financial services sector, with a focus on extending loans to businesses and individual consumers. Lending activities are conducted primarily through its online platform at poonawallafinance.com. Leadership is provided by CEO and Managing Director Abhay Bhutada, whose DIN is 03330542. Operations emphasize accessible financing solutions across various regions in India.
Who are the top competitors of Poonawalla Finance?
Poonawalla Finance's top competitors include L & T Finance Holdings, IIFL Finance and Profectus Capital.
What products or services does Poonawalla Finance offer?
Poonawalla Finance offers Personal Loan, Business Loan, and Professional Loan.
Who are Poonawalla Finance's investors?
Poonawalla Finance has 2 investors. Key investors include Serum Institute of India, and Bension Finvest.
What is Poonawalla Finance's valuation?
The valuation of Poonawalla Finance is $1.62M as of May 2015.