About Varam Capital
Varam Capital is a company based in Chennai (India) founded in 2011 was acquired by Dvara KGFS in April 2019.. The company has 181 employees as of April 09, 2024. Varam Capital 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 Chennai, India
- Employees 181 as on 09 Apr, 2024
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Varam Capital Private Limited
- Date of Incorporation 09 Sep, 1991
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$3.06 M (USD)5.46as on Mar 31, 2018
-
Net Profit
$-755.22 K (USD)-2434.65as on Mar 31, 2018
-
EBITDA
$901.59 K (USD)-40.09as on Mar 31, 2018
-
Latest Funding Round
- Investors
-
Employee Count
181
as on Apr 09, 2024
-
Acquired by
Dvara KGFS
(Apr 09, 2019)
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
Funding Insights of Varam Capital
| 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 Varam Capital
Varam Capital has secured backing from 1 investor. Prominent investors backing the company include Dvara KGFS. 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 |
|---|---|---|---|---|
|
Loans for consumers and SMEs are provided alongside financial services.
|
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 Varam Capital
| 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 - Varam Capital
| 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 |
Varam Capital Comparisons
Competitors of Varam Capital
Varam Capital 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 Varam Capital
Frequently Asked Questions about Varam Capital
When was Varam Capital founded?
Varam Capital was founded in 2011.
Where is Varam Capital located?
Varam Capital is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does Varam Capital have?
As of Apr 09, 2024, the latest employee count at Varam Capital is 181.
What is the annual revenue of Varam Capital?
Annual revenue of Varam Capital is $3.06M as on Mar 31, 2018.
What does Varam Capital do?
Varam Capital was established in 2011 and is headquartered in Chennai, India. Focus is placed on the microfinance sector, where small-scale loans are disbursed to individuals and small enterprises in Tamil Nadu. Operations involve assessing credit needs and facilitating quick access to funds for low-income groups. The companys domain, varam.in, supports these activities across rural and urban areas in the region.
Who are the top competitors of Varam Capital?
Varam Capital's top competitors include AU Small Finance Bank, Ujjivan Small Finance Bank and ESAF.
Who are Varam Capital's investors?
Varam Capital has 1 investor. Key investors include Dvara KGFS.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.