Suryoday Small Finance Bank Ltd

A Bank of Smiles

General Information
Company Name
Suryoday Small Finance Bank Ltd
Founded Year
2008
Location (Offices)
Navi Mumbai, India +3
Founders / Decision Makers
Number of Employees
3358
Industries
Finance, Financial Services, Banking
Funding Stage
Private Equity
Social Media

Suryoday Small Finance Bank Ltd - Company Profile

Suryoday Small Finance Bank is a new age bank that originated from a micro finance institution and has served over a million customers since 2009. The bank's main focus is to provide top-notch banking solutions under the slogan "A Bank of Smiles." They offer a range of credit products including MFI loans, Vikas Loans, and Shopkeeper Loans to both new and existing customers, in addition to digital banking services. The bank is committed to reaching the unserved and underserved populations through innovative banking practices and expanding its presence in states where it doesn't currently operate. The last noteworthy investment in the bank was a Private Equity Round of INR1.50B on 10 March 2021, with funding from Axis Asset Management Company and SBI Life Insurance. Operating out of India, Suryoday Small Finance Bank strives to help its customers "Save More. Earn More. Smile More."

Funding Rounds & Investors of Suryoday Small Finance Bank Ltd (8)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round INR1.50B 2 SBI Life Insurance 10 Mar 2021
Private Equity Round $8.20M 5 LNB group, Kotak Life Insurance 28 May 2020
Venture Round Unknown 1 09 Jul 2019
Venture Round INR2.48B 4 03 Apr 2019
Venture Round INR1.58B 6 IFC Asset Management Company, HDFC Standard Life Insurance +2 02 Mar 2017

View All 8 Funding Rounds

Latest News of Suryoday Small Finance Bank Ltd

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No recent news or press coverage available for Suryoday Small Finance Bank Ltd.

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