Vistaar Financial Services

Bengaluru, India Founded: 2010 • Age: 16 yrs Acquired By Warburg Pincus
Provider of a financial services platform that provides small business loans and other financial products to micro, small, and medium-sized enterprises (MSMEs), aiming to support their growth and development
Annual revenue $43.2M Latest available
Total funding $216.4M 12 rounds
Employees 2746 Tracked headcount
Investors 26 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Vistaar Financial Services

Vistaar Financial Services is a company based in Bengaluru (India) founded in 2010 by Brahmanand Hegde was acquired by Warburg Pincus in October 2022. Vistaar Financial Services has raised $216.42 million across 12 funding rounds from investors including Bandhan Bank, Union Bank Of India and Bank of Baroda. The company has 2,746 employees as of March 27, 2024. Vistaar Financial Services operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, Bajaj Finserv, IIFL Finance and Hero Fincorp, among others.

  • Headquarter Bengaluru, India
  • Employees 2746 as on 27 Mar, 2024
  • Founders Brahmanand Hegde
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vistaar Financial Services Private Limited
  • Date of Incorporation 04 Sep, 1991
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $43.23 M (USD)
    8.01
    as on Mar 31, 2019
  • Net Profit
    $4.73 M (USD)
    13.74
    as on Mar 31, 2019
  • EBITDA
    $20.06 M (USD)
    13.22
    as on Mar 31, 2019
  • Total Equity Funding
    $216.42 M (USD)

    in 12 rounds

  • Latest Funding Round
    $99.58 M (USD), Series E

    Aug 25, 2025

  • Investors
    Bandhan Bank

    & 25 more

  • Employee Count
    2746

    as on Mar 27, 2024

  • Acquired by
    Warburg Pincus

    (Oct 08, 2022)

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People of Vistaar Financial Services

Headcount 1000-5000
Employee Profiles 42
Board Members and Advisors 6
Employee Profiles
People
Sunil Sharma
Zonal Credit Manager
People
Imran Shaikh
Zonal Business Manager
People
Laxminarayan Hallennawar
Zonal Portfolio Head (credit Head)
People
Saravan Chandrapal
Credit Manager

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Board Members and Advisors
people
Manju Agarwal
Independent Director
people
James Abraham
Independent Director
people
Chandrashekhar Bhaskar Bhave
Non-Executive Chairman & Independent Director
people
Brahmanand Hegde
Executive Director

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Funding Insights of Vistaar Financial Services

Vistaar Financial Services has successfully raised a total of $216.42M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $99.58 million completed in August 2025. 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 Vistaar Financial Services

Vistaar Financial Services has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bandhan Bank, Union Bank Of India and Bank of Baroda.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Government agency supporting the development of SMEs
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Multi-stage private equity investments are pursued across diverse sectors.
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Investor details for Vistaar Financial Services

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Vistaar Financial Services

Investments
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Investment portfolio details for Vistaar Financial Services

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Financial Statements - Vistaar Financial Services

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Detailed financials for Vistaar Financial Services

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  • Profit trends
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Vistaar Financial Services Comparisons

Vistaar Financial Services Primary company
Description
Provider of a financial services platform that provides smal...
Location
Bengaluru, India
Founded Year
2010
Annual Revenue
$43.23 M (USD)
Net Profit
$4.73 M (USD)
EBITDA
$20.06 M (USD)
Employees
2,746
As of 2024
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Peer comparison for Vistaar Financial Services

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Competitors of Vistaar Financial Services

Vistaar Financial Services 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 Manappuram Finance, L & T Finance Holdings, Bajaj Finserv, IIFL Finance and Hero Fincorp, among others.

Company Name Domain Founded year HQ Location Description
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Consumer and SME loans are provided by Manappuram Finance.
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Diversified lending services are provided as a non-banking financial institution.
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Financial solutions including loans and insurance are offered.
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Online gold, home, personal, and business loans are provided.
Locked Locked Locked
2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
Locked Locked Locked
Consumer and SME loans are provided by Mahindra Finance.
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Detailed competitors of Vistaar Financial Services

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Latest news on Vistaar Financial Services

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Complete news archive for Vistaar Financial Services

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Frequently Asked Questions about Vistaar Financial Services

Vistaar Financial Services was founded in 2010.

Vistaar Financial Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Avijit Saha is the current CEO of Vistaar Financial Services.

Vistaar Financial Services is a funded company, having raised a total of $216.42M across 12 funding rounds to date.

As of Mar 27, 2024, the latest employee count at Vistaar Financial Services is 2,746.

Annual revenue of Vistaar Financial Services is $43.23M as on Mar 31, 2019.

Vistaar Financial Services was established in 2010 in Bengaluru, India, as a financial services platform. Small business loans and various financial products are extended to micro, small, and medium-sized enterprises (MSMEs) across the country. Operations center on enabling access to credit and related solutions. The sector targeted includes underserved businesses, with services designed to address funding needs in a structured manner.

Vistaar Financial Services's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.

Vistaar Financial Services has 26 investors. Key investors include Bandhan Bank, Union Bank Of India, Bank of Baroda, WestBridge Capital, and Warburg Pincus.

The valuation of Vistaar Financial Services is $280.11M as of May 2023.

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