Fortune India 500 2025 edition
Rank#264- Total income
- ₹10,148 Cr
- Profit
- ₹442 Cr
Last year #290
About SMFG India Credit
SMFG India Credit is a Financial Services company based in Mumbai (India) founded in 2007. It delivers comprehensive lending solutions for personal and business needs. It operates on a B2C model. The company has 21,762 employees. Its Indian entity Smfg India Credit Company Limited reported revenue of ₹8,083 Cr. Its focus areas include Lending, Personal and Business Loans and Online Platforms. Its competitors include FlexiLoans, DMI Finance, Clix Capital, InCred and Niyogin and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
SMFG India Credit operates with a B2C model, focusing on offering financial products and advice, facilitating loans and financing, personal and business loans, and online platforms. Delivers comprehensive lending solutions for personal and business needs. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
SMFG India Credit is ranked #264 on the Fortune India 500 (2025) and #88 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of SMFG India Credit
Fortune MNC 500 India 2026 edition
Rank#88- Total income
- ₹10,148 Cr
- Profit
- ₹442 Cr
Last year #96
- Headquarters Mumbai, India
- Employees 21,762
- SectorsFinancial Services
- Website smfgindiacredit.com
- Social X Facebook
- Legal Name Smfg India Credit Company Limited
- Date of Incorporation 30 Aug, 1994
- Jurisdiction Sriperumbudur, Tamil Nadu, India
Operational Areas
Key Metrics
- Annual Revenue₹8,083 Cr
FY 2024 · +41% YoY
- Net Loss-₹1,214 Cr
FY 2024
- EBITDA₹4,078 Cr
FY 2024 · 50% margin
- Employee Count21,762
Associated legal entities of SMFG India Credit
SMFG India Credit operates through Smfg India Credit Company Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smfg India Credit Company Limited CIN U65191TN1994PLC079235 | Active | 30 Aug 1994 | Sriperumbudur, Tamil Nadu | ₹8,083 Cr | 21,762 | 16 | View details |
Board of directors of Smfg India Credit Company Limited (SMFG India Credit)
Smfg India Credit Company Limited is the primary company behind SMFG India Credit. The board of Smfg India Credit Company Limited currently have 12 directors; the longest-serving is Pankaj Malik, appointed in 2016. 59 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Malik DIN 03554093 | CFO | 15 Mar 2016 | 10 yrs 7 mo | Smfg India Credit Company Limited |
| Shantanu Mitra DIN 03019468 | Managing Director | 02 Apr 2021 | 5 yrs 6 mo | Smfg India Credit Company Limited |
| Rajeev Veeravalli Kannan DIN 01973006 | Director | 30 Nov 2021 | 4 yrs 10 mo | Smfg India Credit Company Limited |
| Seema Bahuguna DIN 09527493 | Director | 26 Apr 2022 | 4 yrs 5 mo | Smfg India Credit Company Limited |
| Diwakar Gupta DIN 01274552 | Director | 13 Jul 2022 | 4 yrs 3 mo | Smfg India Credit Company Limited |
| Ram Narayanan Colathur DIN 00211906 | Director | 07 Sep 2022 | 4 yrs 1 mo | Smfg India Credit Company Limited |
| Dakshita Das DIN 07662681 | Director | 28 Feb 2023 | 3 yrs 7 mo | Smfg India Credit Company Limited |
| Keishi Iwamoto DIN 10297888 | Director | 01 Oct 2023 | 3 yrs | Smfg India Credit Company Limited |
| Yoshitaka Ando DIN 10788149 | Director | 13 Jan 2025 | 1 yr 9 mo | Smfg India Credit Company Limited |
| Toshitake Funaki DIN 11205897 | Director | 19 Sep 2025 | 1 yr 1 mo | Smfg India Credit Company Limited |
| Ravi Narayanan DIN 08528459 | Managing Director | 22 Sep 2025 | 1 yr | Smfg India Credit Company Limited |
| Murali Ramakrishnan DIN 01028298 | Director | 10 Oct 2025 | 1 yr | Smfg India Credit Company Limited |
People of SMFG India Credit
226 people are tracked at SMFG India Credit (91 in leadership, 8 in board & advisors, 127 in team); the tracked headcount is 21,762.
| Name | Role | Group |
|---|---|---|
Leslie Fernandes | General Manager & Head - Process Management Group | Leadership |
Dhananjay Tiwari | Chief Risk Officer | Leadership |
Srinivasan Balachander | Chief Compliance Officer | Leadership |
Anindita Chatterjee | Vice President Marketing | Leadership |
Sunil Kaw | Head of Credit Underwriting | Leadership |
Ashish Powle | EVP & Chief Credit Officer | Leadership |
Anshul Shrivastava | Head Credit Underwriting (rural Business)smfg India Credit | Leadership |
Ajit Rane | Senior Vice President - Regional Business Manager | Leadership |
Nilesh Mankame | Vice President- State Head Business Loans | Leadership |
Sanjeeb Prusti | Executive Vice President | Leadership |
Mitesh Vora | Group Head IT Infrastructure And Secops | Leadership |
Soubhik Ghosh | Senior Vice President, Corporate Strategy & Planning | Leadership |
Sushil Kumar | Head - South | Leadership |
Swaminathan Subramanian | Chief People Officer | Leadership |
Ashwini Pandey | Assistant Vice President Technology | Leadership |
| CEO & Managing Director | Leadership | |
Joyal Nadar | Sr. Vice President - Litigation | Leadership |
Vineet Venugopalan | Chief Information Officer | Leadership |
Anand Wagh | General Manager - Head Of Collection (secured) | Leadership |
Shweta Shinde | Human Resource Business Partner | Leadership |
206 more people are available in the full profile.
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Financials of SMFG India Credit
Figures of Smfg India Credit Company Limited, the primary company behind SMFG India Credit, for FY 2024. Revenue was ₹8,083 Cr (+41% year on year). Net loss was -₹1,214 Cr. EBITDA was ₹4,078 Cr (50% margin). Revenue has grown at a compounded annual rate of +15% over three years and +13% over five years.
- ₹8,083 CrRevenue · FY 2024 · +41% YoY
- -₹1,214 CrNet loss
- ₹4,078 CrEBITDA · 50% margin
- ₹2,655 CrPaid-up capital
- 21,762Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Smfg India Credit Company Limited are on its company page.
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Detailed financial statements for SMFG India Credit
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Competitors of SMFG India Credit
SMFG India Credit has 8 listed competitors in our database, 7 of them funded. They include FlexiLoans, DMI Finance, Clix Capital, InCred and Niyogin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flexiloans.com | 2016 | Mumbai, India | $96.88M | 624 | Business loans and financial products for MSMEs are provided. | |
| dmifinance.in | 2008 | Delhi, India | $734M | 1,054 | Personal, MSME, consumption, and EV loans are provided digitally. | |
| clix.capital | 2016 | Gurugram, India | $69.52M | 1,742 | Lending platform for consumers and businesses is provided. | |
| incred.com | 2016 | Mumbai, India | $320.39M | 2,161 | Financial services are provided, specializing in personal and business loans. | |
| niyogin.com | 1988 | Mumbai, India | – | 93 | Online lending marketplace for business loans | |
| ushafinancial.com | 2006 | Delhi, India | $12.45M | 41 | NBFC offering loans to entrepreneurs, MSMEs, and individuals | |
| creditfair.in | 2018 | Mumbai, India | $26.81M | 291 | Solar financing solutions are provided by Credit Fair in India. | |
| monedo.in | 2017 | Mumbai, India | $9.2M | 116 | Monedo is engaged in providing diverse financial lending solutions. |
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Detailed competitors of SMFG India Credit
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Web traffic of SMFG India Credit
Websites that share an audience with SMFG India Credit (smfgindiacredit.com).
Similar websites
Websites whose visitors overlap most with SMFG India Credit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| otocapital.in | 100% | 89.7K | #433,108 | View details | |
| piramalfinance.com | 100% | 762.9K | #26,790 | View details | |
| fibe.in | 96% | 602.3K | #52,786 | View details | |
| manbafinance.com | 92% | 36.9K | #435,562 | View details | |
| mymudra.com | 91% | 93.3K | #418,302 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Top companies in Healthcare Financing Solutions
10 companies that operate in the same segment as SMFG India Credit (Healthcare Financing Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for personal loans to individuals. | 2018 | Hyderabad, Telangana, India | – | USD 76.96 K | – | |
A conglomerate with diversified interests in property and finance. | 1963 | Kuala Lumpur, Malaysia | – | USD 465.74 M | – | |
Offers an app-based platform for accessing personal loans. | 2019 | India | – | – | – | |
Private equity firm investing in tech innovations and startups in India and South-East Asia. | 2015 | Singapore, Singapore | – | – | – | |
Financial and technology solutions are provided for the agricultural industry. | 2014 | Oregon City, Oregon, United States | USD 200 K | – | – | |
Hosts a digital marketplace to facilitate healthcare financing solutions. | 2016 | Pune, Maharashtra, India | USD 618.76 K | USD 143.8 K | 9 | |
Hosts a digital marketplace for healthcare loans. | 2017 | Delhi, Delhi, India | USD 818.41 K | USD 89.47 K | – | |
An online platform specializing in gold loans for quick and secure lending services. | 2018 | Gurugram, Haryana, India | – | USD 5.65 M | 611 | |
Serves as a loan comparison platform for users. | 2019 | Gurugram, Haryana, India | – | USD 291.22 K | 5 | |
Provides financing for exercising ESOPs with tax-efficient, hassle-free loans. | 2021 | Andheri, Maharashtra, India | USD 1.49 M | USD 258.3 K | 1 |
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Related news about Smfg India Credit
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Frequently Asked Questions about SMFG India Credit
SMFG India Credit was founded in 2007.
SMFG India Credit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
SMFG India Credit has 21,762 employees.
The primary company behind SMFG India Credit, Smfg India Credit Company Limited, reported revenue of ₹8,083 Cr for FY 2024, up 41% year on year.
SMFG India Credit operates with a B2C model, focusing on offering financial products and advice, facilitating loans and financing, personal and business loans, and online platforms. Delivers comprehensive lending solutions for personal and business needs. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
SMFG India Credit's top competitors include InCred, FlexiLoans and Clix Capital.
SMFG India Credit operates through Smfg India Credit Company Limited.
The legal entities of SMFG India Credit currently have 13 directors, including Diwakar Gupta, Keishi Iwamoto, Shantanu Mitra and others.