Shivalik Small Finance Bank

Shivalik Small Finance Bank

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Overview

The bank is technology focussed and is powered by Infosys Finacle Core Banking and Digital Banking Suite including internet and mobile banking. The cloud based architecture provides the bank with unmatched agility to cost effectively manage scale and power its growth. The Bank is live on all retail payment platfroms including UPI, IMPS, NEFT/RTGS and is a direct member of the National Financial Switch. The bank has over 4.5 lakh unique customers including 15,000 self-help groups and operates through 31 branches and over 250 banking agents across Uttar Pradesh, Madhya Pradesh, Delhi and Uttarakhand. As on March 31, 2021, the total deposit base of the bank stood at Rs 1245 Crores and total advances stood at Rs 805 Crores. The Bank is a corporate agent for distribution of insurance products of New India Assurance Co. Ltd. (General Insurance), Bajaj Allianz General Insurance Co. Ltd., Bajaj Allianz Life Insurance Co. Ltd., Star Health & Allied Insurance Company (Health Insurance) and Life Insurance Corporation of India. Its key technology partners also include Infosys (Edgeverve), FIS and Ctrl-S.

About

Industries

Financial Services, Finance, Banking, Accounting

Founded

1997

Employees

501-1000

Headquarters locations

India, Asia

Social

N/A

Profile Resume

Shivalik Small Finance Bank headquartered in India, Asia, operates in the Financial Services, Finance, Banking, Accounting sector. The company focuses on Financial Services and has secured $811.6M in funding across 32 round(s). With a team of 501-1000 employees, Shivalik Small Finance Bank is actively contributing to advancements in Financial Services. Their latest funding round, Venture Round - Shivalik Small Finance Bank, raised $12.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Suveer Kumar Gupta

Suveer Kumar Gupta

MD & CEO

imagePlace Rajput Tanshu Thakur

Rajput Tanshu Thakur

Founder and Owner

imagePlace Harsh Mittal

Harsh Mittal

Chief Strategy Officer (CSO)

Funding Rounds

Funding rounds

2

Investors

4

Lead Investors

0

Total Funding Amount

$25.4M

Details

0

Shivalik Small Finance Bank has raised a total of $25.4M in funding over 0 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor

Investors

Shivalik Small Finance Bank is funded by 15 investors.

Investor NameLead InvestorFunding RoundPartners
Quona Capital-FUNDING ROUND - Quona Capital12.0M
Shuvi Shrivastava-FUNDING ROUND - Shuvi Shrivastava12.0M
Shivalik Small Finance Bank-FUNDING ROUND - Shivalik Small Finance Bank12.0M
Lightspeed India Partners-FUNDING ROUND - Lightspeed India Partners12.0M

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