About Religare Finvest
Religare Finvest is a company based in Noida (India) founded in 2006 was acquired by TCG in July 2019.. Religare Finvest has raised $29.23 million across 3 funding rounds from investors including Avigo Capital Partners, Nylim-jb Asset Management and TCG AMC. Religare Finvest operates in a competitive market with competitors including Manappuram Finance, Hero Fincorp, Bajaj Finserv, Northern Arc Capital and Kinara Capital, among others.
- Headquarter Noida, India
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Religare Finvest Limited
- Date of Incorporation 06 Jan, 1995
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$205.35 M (USD)-40.84as on Mar 31, 2018
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Net Profit
$-158.37 M (USD)-223.45as on Mar 31, 2018
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EBITDA
$-53.91 M (USD)-121.7as on Mar 31, 2018
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Total Equity Funding
$29.23 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Avigo Capital Partners
& 2 more
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Employee Count
Employee Count
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Acquired by
TCG
(Jul 11, 2019)
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Funding Insights of Religare Finvest
Religare Finvest has successfully raised a total of $29.23M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(26 Jun 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Private Equity Round - Religare Finvest | Valuation | Nylim-jb Asset Management |
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| Nov, 2011 | Amount | Private Equity Round - Religare Finvest | Valuation |
investors |
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| Jun, 2008 | Amount | Debt – Convertible - Religare Finvest | Valuation |
investors |
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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 Religare Finvest
Religare Finvest has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Avigo Capital Partners, Nylim-jb Asset Management and TCG AMC. 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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Private equity assets are managed from India by the firm.
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Founded Year | Domain | Location | |
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PE firm invests in India
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Founded Year | Domain | Location | |
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Private equity investments are managed across multiple sectors by TCG.
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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 Religare Finvest
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Religare Finvest
| 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 |
Religare Finvest Comparisons
Competitors of Religare Finvest
Religare Finvest 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, Hero Fincorp, Bajaj Finserv, Northern Arc Capital and Kinara 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 |
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
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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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| domain | founded_year | HQ Location |
Consumer and SME loans are provided by Mahindra Finance.
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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 Religare Finvest
Frequently Asked Questions about Religare Finvest
When was Religare Finvest founded?
Religare Finvest was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Religare Finvest located?
Religare Finvest is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Religare Finvest?
Pankaj Sharma is the current CEO of Religare Finvest.
Is Religare Finvest a funded company?
Religare Finvest is a funded company, having raised a total of $29.23M across 3 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $23.37M, raised on Jun 26, 2008.
What is the annual revenue of Religare Finvest?
Annual revenue of Religare Finvest is $205.35M as on Mar 31, 2018.
What does Religare Finvest do?
Religare Finvest Limited (RFL), a subsidiary of Religare Enterprises Limited (REL), is a small and medium enterprise (SME) financing focused NBFC. The diversified suite of lending solutions include: SME mortgage loans, SME commercial assets loans, SME working capital loans.The company also runs a retail capital markets financing business which includes loan against marketable securities.The loan amount ranges from INR 10 lacs to INR 500 lacs with loan tenure of upto 84 months. It has 25 branches across India. Tied up with JustBuyLive in Feb 2016.
Who are the top competitors of Religare Finvest?
Religare Finvest's top competitors include Manappuram Finance, Bajaj Finserv and Northern Arc Capital.
Who are Religare Finvest's investors?
Religare Finvest has 3 investors. Key investors include Avigo Capital Partners, Nylim-jb Asset Management, and TCG AMC.