Spandana Sphoorty Financial Limited logo — company profile

Spandana Sphoorty Financial Limited

Founded 1997 India Hyderabad, India 3906 employees Post Ipo Equity Total: $14.92B Finance, Financial Services +1

General Information

Company Name Spandana Sphoorty Financial Limited
Founded Year 1997
Location India Hyderabad, India +1
Founders / Decision Makers
Amit Ranjan Biswal  — Chief Business Officer
Employees 3906
Industries Finance, Financial Services, Lending and Investments
Funding Stage Post Ipo Equity
Social

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About Spandana Sphoorty Financial Limited

Spandana Sphoorty Financial Limited (SSFL) operates as a Non-Banking Finance Company (NBFC) licensed by the Reserve Bank of India to provide financial services without accepting public deposits. The company, founded in 1998, specifically focuses on empowering low-income households, especially women, in rural and urban areas. It offers micro-credit programs and other financial products, including farm equipment and gold jewelry loans. SSFL recently received a significant INR3.00BPost-IPO Equity investment on 17 March 2022, led by Kedaara Capital and Valiant Communications. These investments demonstrate a strong vote of confidence in the company's mission and operations. With its commitment to inclusive finance, SSFL is well-positioned to make a meaningful impact on the socio-economic landscape of India. For more information, visit www.spandanasphoorty.com or follow them on Social Media.

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity INR2.40B 1 06 May 2024
Post-IPO Equity INR3.00B 2 Valiant Communications 17 Mar 2022
Debt Financing INR4.00B 2 02 Jan 2018
Venture Round INR1.25B 2 Ontario Teachers' Pension Plan 18 Dec 2017
Venture Round INR4.00B 1 Birla Sun Life Insurance 06 Nov 2017

View All 8 Funding Rounds

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FAQ About Spandana Sphoorty Financial Limited

Spandana Sphoorty Financial Limited (SSFL) has been operating as a Non-Banking Finance Company (NBFC) incorporated under the Companies Act, 1956 and licensed by the Reserve Bank of India under the Reserve Bank of India Act, 1934 to carry on the business of a Non-Banking Financial Institution without...
Spandana Sphoorty Financial Limited was founded in 1997.
Spandana Sphoorty Financial Limited is headquartered in Hyderabad, India.
Spandana Sphoorty Financial Limited operates in the following industries: Finance, Financial Services, Lending and Investments.
Spandana Sphoorty Financial Limited has approximately 3906 employees.
Spandana Sphoorty Financial Limited has completed 8 funding rounds, raising a total of $14.92B. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Spandana Sphoorty Financial Limited include Vector Finance Private Limited, Adi Chitragupta Finance Limited, Cashpor Micro Credit, Grameen Koota, Sindhuja Microcredit Pvt. Ltd. . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Spandana Sphoorty Financial Limited and Vector Finance Private Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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