About Satin Creditcare
Satin Creditcare is a company based in Delhi (India) founded in 1990.. Satin Creditcare has raised $41.25 million across 23 funding rounds from investors including Axis Bank, RBL Bank and Northern Arc Capital. The company has 15,190 employees as of March 31, 2024. Satin Creditcare offers products and services including Income Generation Loan, Water, Sanitation and Hygiene Loan, and Product Financing. Satin Creditcare operates in a competitive market with competitors including Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Suryoday and Fincare Small Finance Bank, among others.
- Headquarter Delhi, India
- Employees 15190 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Satin Creditcare Network Ltd
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Annual Revenue
$304.44 M (USD)16.1as on Mar 31, 2024
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Net Profit
$21.73 M (USD)-57.3as on Mar 31, 2024
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EBITDA
$211.45 M (USD)10.17as on Mar 31, 2024
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Total Equity Funding
$41.25 M (USD)
in 23 rounds
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Latest Funding Round
$12.32 M (USD), Post-IPO
Jun 24, 2022
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Investors
Axis Bank
& 24 more
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Employee Count
15190
as on Mar 31, 2024
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IPO & Listings of Satin Creditcare
Satin Creditcare is a publicly listed company on the NSE with ticker symbol SATIN 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.
Products & Services of Satin Creditcare
Satin Creditcare offers a comprehensive portfolio of products and services, including Income Generation Loan, Water, Sanitation and Hygiene Loan, and Product Financing. 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.
Loan to support business activities for low-income earners in rural areas.
Financing for water and hygiene improvements in underserved communities.
Loan for product-related investments to foster economic growth.
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Funding Insights of Satin Creditcare
Satin Creditcare has successfully raised a total of $41.25M across 23 strategic funding rounds. The most recent funding activity was a Post-IPO round of $12.32 million completed in June 2022. 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 23
- Last Round Post-IPO — $12.3M
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First Round
First Round
(01 Mar 2008)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Post-IPO - Satin Creditcare | Valuation |
investors |
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| Jan, 2022 | Amount | Post-IPO - Satin Creditcare | Valuation |
investors |
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| Jul, 2019 | Amount | Debt – Conventional - Satin Creditcare | Valuation |
investors |
| 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 Satin Creditcare
Satin Creditcare has secured backing from 25 investors, including institutional and venture fund investors. Prominent investors backing the company include Axis Bank, RBL Bank and Northern Arc Capital. 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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Venture capital fund focused on fintech and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are focused on fintech and multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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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 Satin Creditcare
| 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 - Satin Creditcare
| 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 |
Satin Creditcare Comparisons
Competitors of Satin Creditcare
Satin Creditcare 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 Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Suryoday and Fincare Small Finance 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 |
Small finance services are extended to underserved segments in India.
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| domain | founded_year | HQ Location |
Microfinance bank
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| domain | founded_year | HQ Location |
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
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| domain | founded_year | HQ Location |
Small finance bank offering savings accounts, deposits, and loan products
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| domain | founded_year | HQ Location |
Micro-finance bank
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| domain | founded_year | HQ Location |
Small finance bank
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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 Satin Creditcare
Frequently Asked Questions about Satin Creditcare
When was Satin Creditcare founded?
Satin Creditcare was founded in 1990 and raised its 1st funding round 18 years after it was founded.
Where is Satin Creditcare located?
Satin Creditcare is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Satin Creditcare a funded company?
Satin Creditcare is a funded company, having raised a total of $41.25M across 23 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $9.42M, raised on Mar 01, 2008.
How many employees does Satin Creditcare have?
As of Mar 31, 2024, the latest employee count at Satin Creditcare is 15,190.
What is the annual revenue of Satin Creditcare?
Annual revenue of Satin Creditcare is $304.44M as on Mar 31, 2024.
What does Satin Creditcare do?
Satin Creditcare was established in 1990 and is headquartered in Delhi, India. As a non-banking financial company, operations focus on the financial services sector, where micro loans are extended to businesses. Individual loans, small business financing, savings accounts, affordable housing options, and loans for micro, small, and medium enterprises are provided to support economic activities in the region.
Who are the top competitors of Satin Creditcare?
Satin Creditcare's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and ESAF.
What products or services does Satin Creditcare offer?
Satin Creditcare offers Income Generation Loan, Water, Sanitation and Hygiene Loan, and Product Financing.
Is Satin Creditcare publicly traded?
Yes, Satin Creditcare is publicly traded on NSE under the ticker symbol SATIN.
Who are Satin Creditcare's investors?
Satin Creditcare has 25 investors. Key investors include Axis Bank, RBL Bank, Northern Arc Capital, IndusInd Bank, and Mahindra Finance.
What is Satin Creditcare's ticker symbol?
The ticker symbol of Satin Creditcare is SATIN on NSE.
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