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Jana Small Finance Bank
About
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved.
- 10001 - max
Details
- Last Funding Type
- Private Equity（PE）
- Last Funding Money Raised
- ₹2.25B
- Industries
- Finance,Financial Services,FinTech,Lending
- Founded date
- Jan 1, 2006
- Number Of Employee
- 10001 - max
- Operating Status
- Active
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact.Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 8, 2019 | Private Equity（PE） | ₹2.25B | 1 |
TPG
|
— | Detail |
| Sep 11, 2017 | Private Equity（PE） | ₹10.30B | 1 |
TPG
|
— | Detail |
| Apr 17, 2016 | Private Equity（PE） | ₹10B | 1 |
TPG
|
— | Detail |
| Jan 11, 2016 | Series Unknown | ₹3.30B | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
TPG
|
Yes | Private Equity（PE） |
|
|
— | Series Unknown |
