Trident Microfin

Hyderabad, India Founded: 2007 • Age: 19 yrs Acquired By ICICI Bank
Micro loans and insurance for the low-income individuals and enterprises in Andhra Pradesh, India
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About Trident Microfin

Trident Microfin is a company based in Hyderabad (India) founded in 2007 was acquired by ICICI Bank in September 2011.. Trident Microfin has raised $15 million across 1 funding round from investors including Axis Bank, HDFC Bank and Indian Overseas Bank. Trident Microfin operates in a competitive market with competitors including Ujjivan Small Finance Bank, Jana Small Finance Bank, AU Small Finance Bank, Utkarsh Bank and ESAF, among others.

  • Headquarter Hyderabad, India
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Zindar Consulting Private Limited
  • Date of Incorporation 08 Aug, 1996
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $34.71 K (USD)
    -21.86
    as on Mar 31, 2022
  • Net Profit
    $16.61 K (USD)
    49.36
    as on Mar 31, 2022
  • EBITDA
    $-20.04 K (USD)
    -616.76
    as on Mar 31, 2022
  • Total Equity Funding
    $15 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Sep 16, 2010

  • Investors
    Axis Bank

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    ICICI Bank

    (Sep 12, 2011)

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People of Trident Microfin
Headcount 200-500
Employee Profiles 4
Employee Profiles
People
Puli Kishore Kumar
CEO
People
Rama Krishna
Data Entry Operator
People
Kishore Puli
MD

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Funding Insights of Trident Microfin

Trident Microfin has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in September 2010. 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 Rounds 1
  • Last Round Series A — $15.0M
  • First Round

    (16 Sep 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2010 Amount Series A - Trident Microfin Valuation

investors

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

Investors in Trident Microfin

Trident Microfin has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Axis Bank, HDFC Bank and Indian Overseas Bank. 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
Institutional
Investor Description Founded Year Domain Location
Impact investments are managed by the B Corp-certified firm.
Founded Year Domain Location
Commercial bank
Founded Year Domain Location
Commercial banking services are offered to individuals and corporates.
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 Trident Microfin

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 - Trident Microfin

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

Trident Microfin Comparisons

Employees
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Competitors of Trident Microfin

Trident Microfin 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, Utkarsh Bank and ESAF, 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.
domain founded_year HQ Location
Microfinance bank
domain founded_year HQ Location
Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
domain founded_year HQ Location
Small finance bank
domain founded_year HQ Location
Microfinance banking services are offered in India by ESAF.
domain founded_year HQ Location
Small finance bank
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 Trident Microfin

Frequently Asked Questions about Trident Microfin

When was Trident Microfin founded?

Trident Microfin was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Trident Microfin located?

Trident Microfin is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Is Trident Microfin a funded company?

Trident Microfin is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on Sep 16, 2010.

What is the annual revenue of Trident Microfin?

Annual revenue of Trident Microfin is $34.71K as on Mar 31, 2022.

What does Trident Microfin do?

Trident Microfin is a Hyderabad based NBFC with gross loan portfolio of Rs. 113 crore as on 31st March 2014. It offers microcredit and microinsurance services to both men and women, in rural as well as urban areas under the joint liability group model of lending. The organizations operation spreads across 3 states (Andhra Pradesh, Madhya Pradesh and Maharashtra) with 30 branches reaching 180,447 clients. The company, which was one of the leading MFIs in Andhra Pradesh, went into Corporate Debt Restructuring and in Jan 2014, it was reported that the company faced risk of closure.

Who are the top competitors of Trident Microfin?

Trident Microfin's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and ESAF.

Who are Trident Microfin's investors?

Trident Microfin has 7 investors. Key investors include Axis Bank, HDFC Bank, Indian Overseas Bank, ICICI Bank, and Bank of India.

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