State Bank of India

State Bank of India

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Investment Firm

Overview

The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra. The company is ranked 216th on the Fortune Global 500 list of the world's biggest corporations as of 2017. It is the largest bank in India with a 23% market share in assets, besides a share of one-fourth of the total loan and deposits market.

Highlights

Founded

1955

Industry

Financial Services

Employees

10001+

Investment

38

Lead Investment

20

Exits

9

Stages

Seed, Early Stage Venture, Late Stage Venture, Private Equity

Investor Type

Investment Bank

Location

India, Asia

Contact Information

Social

Profile Resume

State Bank of India, established in 1955 and headquartered in India, Asia., specializes in Seed, Early Stage Venture, Late Stage Venture, Private Equity investments across Software, Financial Services, FinTech, Mobile Payments, Venture Capital, Finance, Biotechnology, Medical, Health Diagnostics, Asset Management. The organization boasts a portfolio of 38 investments, with an average round size of $221.1M and 9 successful exits. Their recent investments include Billdesk, Clearstone Venture Partners, Dr Lal PathLabs, Fidelity, T. Rowe Price. The highest investment round they participated in was $921.3B. Among their most notable exits are Billdesk and Clearstone Venture Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace B. Sriram

B. Sriram

Managing Director

imagePlace P. K. Gupta

P. K. Gupta

Managing Director

imagePlace Nitin Chugh

Nitin Chugh

Deputy Managing Director and Head of Digital Banking

imagePlace Manish Singhal

Manish Singhal

General Manager (IBG)

Investment portfolio

State Bank of India has made 38 investments. Their most recent investment was on May 06, 2024, when TCG Real Estate raised $85.5M.

investments

38

Diversity investments

0

Lead investments

20

Number of exits

9

Investments

38

Annouced DateOrganization NameIndustryMoney Raised
Dec 26, 2023--24.0M
Jan 30, 2024
Blackopal Group Blackopal Group
Financial Services3.0M
May 02, 2024
Avaada Avaada
Energy142.7M
May 06, 2024
TCG Real Estate TCG Real Estate
Real Estate85.5M

Exits

9

Funding Timeline

Funding rounds

38

Investors

0

Funds

1

Funding Rounds

38

State Bank of India has raised 38 rounds. Their latest funding was raised on May 06, 2024 from a Debt Financing - TCG Real Estate round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Dec 26, 2023
Debt Financing - Muthoot Fincorp Limited Debt Financing - Muthoot Fincorp Limited
-24.0M-
Jan 30, 2024
Debt Financing - Blackopal Group Debt Financing - Blackopal Group
-3.0M-
May 02, 2024
Debt Financing - Avaada Debt Financing - Avaada
-142.7M-
May 06, 2024
Debt Financing - TCG Real Estate Debt Financing - TCG Real Estate
-85.5M-

Investors

8

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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