Poonawalla Fincorp

Mumbai, India Founded: 1989 • Age: 37 yrs Acquired By TPG
Financial service company offering diversified loans for consumers
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About Poonawalla Fincorp

Poonawalla Fincorp is a company based in Mumbai (India) founded in 1989 was acquired by TPG in December 2022.. The company has 3,590 employees as of March 31, 2024. Poonawalla Fincorp 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 3590 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Poonawalla Fincorp Limited
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $472.78 M (USD)
    31.11
    as on Mar 31, 2024
  • Net Profit
    $-11.49 M (USD)
    -105.84
    as on Mar 31, 2024
  • EBITDA
    $187.97 M (USD)
    -9.78
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    3590

    as on Mar 31, 2024

  • Acquired by
    TPG

    (Dec 30, 2022)

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IPO & Listings of Poonawalla Fincorp

Poonawalla Fincorp is a publicly listed company on the NSE with ticker symbol POONAWALLA 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.

Exchange: NSE · Ticker: POONAWALLA . Sector: Finance · India
People of Poonawalla Fincorp
Headcount 1000-5000
Employee Profiles 33
Board Members and Advisors 3
Employee Profiles
People
Ramesh K V
State Head
People
Akshay Ghormare
Senior Product Manager
People
Omprakash Mishra
General Manager
People
Kushal Ranka
Regional Sales Manager

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Board Members and Advisors
people
V. K. Viswanathan
Independent Director
people
Bontha Prasad Rao
Director
people
Vijayalakshmi R Iyer
Non-Executive Independent Director

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Funding Insights of Poonawalla Fincorp

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

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Investors in Poonawalla Fincorp

Poonawalla Fincorp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TPG. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
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 Poonawalla Fincorp

Investments
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

Financial Statements - Poonawalla Fincorp

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Poonawalla Fincorp Comparisons

Employees
+
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Competitors of Poonawalla Fincorp

Poonawalla 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, 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 Poonawalla Fincorp

Frequently Asked Questions about Poonawalla Fincorp

When was Poonawalla Fincorp founded?

Poonawalla Fincorp was founded in 1989.

Where is Poonawalla Fincorp located?

Poonawalla Fincorp is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Poonawalla Fincorp?

Arvind Kapil is the current CEO of Poonawalla Fincorp.

How many employees does Poonawalla Fincorp have?

As of Mar 31, 2024, the latest employee count at Poonawalla Fincorp is 3,590.

What is the annual revenue of Poonawalla Fincorp?

Annual revenue of Poonawalla Fincorp is $472.78M as on Mar 31, 2024.

What does Poonawalla Fincorp do?

Financial service company offering diversified loans for consumers. It offers a diversified portfolio of loans, including business, personal and professional. The loan categories include medical expenses, education, personal emergencies, home improvement projects, covering costs like maintenance, repairs, and renovations, education, wedding, travel loans, and more.

Who are the top competitors of Poonawalla Fincorp?

Poonawalla Fincorp's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.

Is Poonawalla Fincorp publicly traded?

Yes, Poonawalla Fincorp is publicly traded on NSE under the ticker symbol POONAWALLA.

Who are Poonawalla Fincorp's investors?

Poonawalla Fincorp has 1 investor. Key investors include TPG.

What is Poonawalla Fincorp's ticker symbol?

The ticker symbol of Poonawalla Fincorp is POONAWALLA on NSE.

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