Fincare’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Fincare Small Finance Bank Limited | CIN: U67120GJ1995PLC025373
Fincare Small Finance Bank, founded by Rajeev Yadav in 2017, has quickly grown to become a leading player in India's small finance banking sector. With a mission to enable financial inclusion, Fincare focuses on providing banking and credit services to underbanked and unbanked segments, especially in rural and semi-urban areas. Headquartered in Bengaluru, the bank offers a range of products including savings accounts, fixed deposits, loans, and microfinance solutions. Through innovative technology and a robust branch network, Fincare aims to empower communities, promote financial literacy, and drive economic growth. Its commitment to customer-centric services and sustainable growth has positioned it as a trusted partner for millions across India.
| Founding year | 2017 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ~₹5,000 Cr (2023) |
| Total Funding | ₹1,200 Cr |
| Annual Revenue | ₹2,200 Cr (FY24) |
| Annual Net Profit | ₹250 Cr (FY24) |
| EBITDA Margin | 16% |
| Employees | ~14,000 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series A | 2017 | ₹600 Cr | True North |
| Series B | 2020 | ₹400 Cr | TA Associates |
| Pre-IPO | 2023 | ₹200 Cr | Various Investors |
- Expansion into newer rural and semi-urban geographies.
- Digital transformation to strengthen service delivery.
- Broadening financial product suite and micro-lending services.
- IPO plans in the near future to support growth and capital adequacy.
Fincare Small Finance Bank recently filed its IPO draft papers with SEBI, marking a significant milestone towards public listing and enhanced capital base to drive further expansion.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ ₹2,200 Cr in FY24 |
| Profitability | ▲ Net profit of ₹250 Cr |
| Funding | ▲ ₹1,200 Cr total raised |
| Efficiency | ▲ EBITDA margin improved to 16% |
| Valuation | ▲ ~₹5,000 Cr (2023) |
Fincare Small Finance Bank’s rapid expansion and focus on financial inclusion have positioned it as a major player in India’s banking ecosystem. Its strong financial performance and upcoming IPO signal significant future growth opportunities and market leadership potential.
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