About SBI Card
SBI Card is a company based in Gurugram (India) founded in 1998. SBI Card has raised $68.47 million across 2 funding rounds from investors including Axis Bank, ICICI Bank and State Bank of India. The company has 35,680 employees as of March 31, 2024. SBI Card operates in a competitive market with competitors including Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.
- Headquarter Gurugram, India
- Employees 35680 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
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- Legal Name Sbi Cards & Payment Services Ltd
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Annual Revenue
$2.12 B (USD)6.49as on Mar 31, 2025
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Net Profit
$224.27 M (USD)-20.41as on Mar 31, 2025
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EBITDA
$713.65 M (USD)-5.78as on Mar 31, 2025
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Total Equity Funding
$68.47 M (USD)
in 2 rounds
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Latest Funding Round
$173.09 M (USD), Debt – Conventional
May 05, 2019
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Investors
Axis Bank
& 4 more
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Employee Count
35680
as on Mar 31, 2024
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IPO & Listings of SBI Card
SBI Card is a publicly listed company on the NSE with ticker symbol SBICARD 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.
People of SBI Card
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Software Development Team
53 people
Leadership Team
43 people
Sales and Marketing
39 people
Human Resources and Administration
14 people
Assistant Team
13 people
Operations Team
13 people
Product Management Team
9 people
Senior Team
9 people
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Funding Insights of SBI Card
SBI Card has successfully raised a total of $68.47M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $173.09 million completed in May 2019. 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.
Investors in SBI Card
SBI Card has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Axis Bank, ICICI Bank and State Bank of India.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Commercial bank
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Commercial bank
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Investor details for SBI Card
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Investments & Acquisitions by SBI Card
Investment portfolio details for SBI Card
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- Transaction dates
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Financial Statements - SBI Card
Detailed financials for SBI Card
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- Profit trends
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Sbi Card Comparisons
Peer comparison for SBI Card
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Competitors of SBI Card
SBI Card 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 Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a commercial banking services
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Personal and business banking services are offered to underbanked markets.
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Commercial and personal banking services are offered by HDFC Bank.
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Commercial banking services for personal and business needs are provided.
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Commercial banking services are offered to individuals and businesses.
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Commercial banking services are offered to corporate and retail customers.
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Detailed competitors of SBI Card
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Latest news on Sbi Card
Complete news archive for SBI Card
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Frequently Asked Questions about SBI Card
SBI Card was founded in 1998 and raised its 1st funding round 20 years after it was founded.
SBI Card is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Abhijit Chakravorty is the current CEO of SBI Card.
SBI Card is a funded company, having raised a total of $68.47M across 2 funding rounds to date.
As of Mar 31, 2024, the latest employee count at SBI Card is 35,680.
Annual revenue of SBI Card is $2.12B as on Mar 31, 2025.
SBI Card was established in 1998 and is headquartered in Gurugram, India. Operations are focused on the commercial banking sector, with emphasis on credit card issuance and management. Various services are provided, including deals, rewards, and offers through cards such as Tata Card and AURUM Credit Card. A mobile application is available for account oversight, supporting users in the Indian market.
Yes, SBI Card is publicly traded on NSE under the ticker symbol SBICARD.
SBI Card has 5 investors. Key investors include Axis Bank, ICICI Bank, State Bank of India, Canara Bank, and The Carlyle Group.
The ticker symbol of SBI Card is SBICARD on NSE.
The valuation of SBI Card is $1.1B as of Jul 2018.