About Utkarsh Coreinvest
Utkarsh Coreinvest is a company based in Varanasi (India) founded in 2009. Utkarsh Coreinvest has raised $93.53 million across 6 funding rounds from investors including RBL Bank, UTI Mutual Fund and International Finance Corporation. The company has 7 employees as of April 06, 2024. Utkarsh Coreinvest offers products and services including JLG Credit, Micro Enterprise Loans, Housing Loans, and Micro Pension Products. Utkarsh Coreinvest operates in a competitive market with competitors including ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.
- Headquarter Varanasi, India
- Employees 7 as on 06 Apr, 2024
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
- Legal Name Utkarsh Coreinvest Limited
- Date of Incorporation 15 May, 1990
- Jurisdiction Varanasi, Uttar Pradesh, India
-
Annual Revenue
$1.44 M (USD)74.36as on Mar 31, 2019
-
Net Profit
-$28.97 M (USD)-9224.11as on Mar 31, 2019
-
EBITDA
-$19.02 M (USD)-6697.5as on Mar 31, 2019
-
Total Equity Funding
$93.53 M (USD)
in 6 rounds
-
Latest Funding Round
$59.18 M (USD), Series E
Sep 30, 2016
-
Investors
RBL Bank
& 15 more
-
Employee Count
7
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Utkarsh Coreinvest
Utkarsh Coreinvest offers a comprehensive portfolio of products and services, including JLG Credit, Micro Enterprise Loans, Housing Loans, and Micro Pension Products.
Credit for joint liability groups to support unbanked borrowers
Loans for small enterprises to foster economic growth
Loans for housing needs of low-income individuals
Pension options for unbanked populations to secure future
Funding Insights of Utkarsh Coreinvest
Utkarsh Coreinvest has successfully raised a total of $93.53M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $59.18 million completed in September 2016. 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 Utkarsh Coreinvest
Utkarsh Coreinvest has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include RBL Bank, UTI Mutual Fund and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm managing investments in Indian sectors.
|
Locked | Locked | Locked | |
|
Private equity and funds of funds
|
Locked | Locked | Locked | |
|
Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
|
Locked | Locked | Locked |
Investor details for Utkarsh Coreinvest
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Utkarsh Coreinvest
Investment portfolio details for Utkarsh Coreinvest
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Utkarsh Coreinvest
Detailed financials for Utkarsh Coreinvest
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Utkarsh Coreinvest Comparisons
Peer comparison for Utkarsh Coreinvest
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Utkarsh Coreinvest
Utkarsh Coreinvest 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 ESAF, Satin Creditcare, Fincare Small Finance Bank, Bharat Financial Inclusion and Svatantra Microfinance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Microfinance banking services are offered in India by ESAF.
|
|
| Locked | Locked | Locked |
Micro loans for businesses are offered by this NBFC.
|
|
| Locked | Locked | Locked |
Micro-finance bank
|
|
| Locked | Locked | Locked |
Provider of micro-credit & insurance for low income income individuals and women
|
|
| Locked | Locked | Locked |
Microcredit services are provided to rural women for financial inclusion.
|
|
| Locked | Locked | Locked |
Micro-credit financing is provided to low-income individuals and businesses.
|
Detailed competitors of Utkarsh Coreinvest
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Utkarsh Coreinvest
Complete news archive for Utkarsh Coreinvest
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Utkarsh Coreinvest
Utkarsh Coreinvest was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Utkarsh Coreinvest is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
Suman Saurabh is the current CEO of Utkarsh Coreinvest.
Utkarsh Coreinvest is a funded company, having raised a total of $93.53M across 6 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Utkarsh Coreinvest is 7.
Annual revenue of Utkarsh Coreinvest is $1.44M as on Mar 31, 2019.
The company was established in 2009 in Varanasi, India, as a provider of financial services targeting unbanked populations and small finance needs. Operations have been expanded to include credit and micro enterprise loans, housing loans, and micro pension products. Financial and non-financial services are facilitated through its structure as a non-banking financial company, with a focus on underserved areas.
Utkarsh Coreinvest's top competitors include ESAF, Satin Creditcare and Bharat Financial Inclusion.
Utkarsh Coreinvest offers JLG Credit, Micro Enterprise Loans, Housing Loans, and Micro Pension Products.
Utkarsh Coreinvest has 16 investors. Key investors include RBL Bank, UTI Mutual Fund, International Finance Corporation, ICICI Prudential Life Insurance, and HDFC Life.