Axis Bank

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General Information
Company Name
Axis Bank
Founded Year
1994
Location (Offices)
Mumbai, India +1
Founders / Decision Makers
Number of Employees
90842
Industries
Financial Services, Insurance, Banking +1
Funding Stage
Post Ipo Secondary
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Axis Bank - Company Profile

Axis Bank is the third largest private sector bank in India with a wide range of financial services catering to various customer segments. The bank has an extensive domestic presence with 5000 branches and 15,751 ATMs & cash recyclers across the country, as well as international offices in eight locations including Singapore, Dubai, and London. Established in 1993, Axis Bank has shown consistent growth with a balance sheet size of Rs. 13,17,326 crores as of 31st March 2023, and a 5-year CAGR of 14% in Total Assets & Advances and 16% in Deposits. The recent INR37.00B post-IPO secondary investment on 13 December 2023 saw participation from prominent investors including Goldman Sachs, Fidelity International, UBS, Société Générale, Oman’s Pension Fund, Government Pension Fund Global, and Morgan Stanley. As one of the first new generation private sector banks, Axis Bank's strong financial standing and strategic investments position it as a key player in the financial services, insurance, banking, and wealth management industries.

Taxonomy: Banking, Private Sector Bank, India, Corporate Lending, International Operations, Wealth Management, New Generation Bank, Unit Trust of India, Retail Banking, ATMs, Investment Banking, Virtual Relationship Management

Funding Rounds & Investors of Axis Bank (4)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Secondary INR37.00B 7 Oman’s Pension Fund, Government Pension Fund Global +1 13 Dec 2023
Post-IPO Equity INR116.26B 2 19 Dec 2017
Post-IPO Equity INR3.70B 1 31 Aug 2006
Post-IPO Equity INR1.70B - 08 Oct 2003

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