Company lists
The Karnataka edition · 2026

Financial servicescompanies in Karnataka

Banks, loans & NBFCs, wealth & investment, insurance, accounting & audit and more: the companies building financial services in Karnataka, with their founders, funding, team size and business models.

739 company profiles196 with reported revenue37 with recorded fundingSeptember 2026 edition
Karnataka · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent financial services business events in Karnataka

Funding, M&A, contract wins and launches involving 875 financial services companies in Karnataka, last 24 months: 24 M&A deals · 22 funding rounds · 16 Contracts · 5 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

TVS Motor acquires Jana small finance bank

The acquisition was finalised on 22nd May 2026, marking a significant step for TVS Motor in expanding its investment portfolio. The company now holds a 4.90% stake in Jana Small Finance…

Financial Services
M&AAcquisition · Announced

TVS Motor Company Limited acquires Jana small finance bank

Jana Holdings Limited agreed to sell approximately 4.9% (four point nine percent) of the total paid-up equity share capital of Jana Small Finance Bank to TVS Motor Company Limited. The…

Banking
M&AAcquisition · Announced

TVS Venu Group acquires Jana small finance bank

TVS Venu Group acquired a 9.9 per cent stake in Jana Small Finance Bank for ₹193.3 crore as part of a broader investment to deepen its presence in India's financial services sector, the…

Small Finance Banking
M&AAcquisition · Announced

Tvs credit services acquires Jana small finance bank

The investment in Jana Small Finance Bank will allow for mutual collaboration in various areas for the long-term success of the Bank, subject to applicable laws, according to a statement.

Banking
M&AAcquisition · Announced

TVS VENU acquires Jana small finance bank

Under the SPA the acquisition is expected to be completed within three months from May 18 TVS Motor Company, on Monday, May 18, said it will acquire a 4.9% stake in Jana Small Finance…

Financial Services
M&AAcquisition · Announced

Tvs group acquires Jana small finance bank

the TVS Group is set to acquire a 9.99% stake in Jana Small Finance Bank through a preferential allotment, marking a significant strategic investment in the small finance banking space.

Banking
ContractInfrastructure

Nbcc (india) limited · client: Canara bank

NBCC has secured a contract for the construction of an office building and residential quarters for Canara Bank in Palarivattom, Kochi, valued at approximately ₹54.35 crore.

Banking and Residential Infrastructure
LaunchPNB MetLife RISE Plan

Pnb metlife india insurance

PNB MetLife India Insurance Company Limited has introduced a new financial product, the PNB MetLife RISE Plan.

Insurance
ContractSupply

Embassy Office Parks · client: Wework India Management

WeWork India Management Limited (“WeWork India”), one of India’s leading premium flexible workspace operators, today announced the signing of five large-scale, long-term lease agreements…

Real Estate
ContractInfrastructure

Wework India Management · client: Embassy Office Parks

WeWork India Management Limited (“WeWork India”), one of India’s leading premium flexible workspace operators, today announced the signing of five large-scale, long-term lease agreements…

Office Space
M&AAcquisition · Announced

BLS E-Services acquires Atyati technologies

BLS E-Services on Monday said it will acquire a 100 per cent stake in Atyati Technologies for Rs 154 crore.

Technology platforms for financial inclusion
M&AMerger · Completed

Svatantra Microfin acquires Chaitanya india fin credit

Svatantra Microfin has completed the amalgamation of Chaitanya India Fin Credit and Svatantra Holding, following approvals from the National Company Law Tribunal (NCLT) and other…

Microfinance
M&AAcquisition · Completed

Ppfas mutual fund acquires Embassy office parks reit

The mutual fund acquired 5,63,05,901 additional shares on February 24, 2026, marking a notable expansion of its position in India's leading office REIT.

Office REIT
M&AAcquisition · Announced

BLS E-Services acquires Atyati technologies

BLS E-Services Limited (BLSe), a digital service provider to governments and financial institutions, has signed a binding term sheet to acquire a 100% equity stake in Atyati Technologies…

Financial Inclusion Technology
FundingSeries C

Olyv

Bengaluru-based Olyv, a consumer lending platform, has raised INR 207 crore (about USD 23 million) in a Series C funding round from Nandan Nilekani’s The Fundamentum Partnership and…

Investors Nandan Nilekani’s The Fundamentum Partnership, Japan’s SMBC Asia Rising Fund
Consumer lending
M&AAcquisition · Announced

Axis bank acquires Creditaccess grameen

Highly placed sources say Axis Bank has a made a bid to acquire the promoter's stake of CreditAccess Grameen, namely CreditAccess India BV which holds a 66.28 percent stake in the…

Microfinance (NBFC-MFI)
M&AAcquisition · Rumored

Axis bank acquires Creditaccess grameen

Axis Bank is evaluating the acquisition of the promoter stake in microfinance lender CreditAccess Grameen and may place a bid

Microfinance
ContractInfrastructure

NBCC (India) Ltd. · client: Canara bank

This includes an order worth ₹163.12 crore from Canara Bank to plan, design, and execute the construction of its head office in Bengaluru's Manyatha Tech park.

Construction
M&AMerger · Announced

Medi Assist Insurance TPA acquires Paramount Health Services & Insurance TPA Private Ltd

The proposed merger would be without cash consideration. It will enable Medi Assist Insurance TPA to integrate its business operations and provide impetus to the operations of Paramount.

Healthcare/Insurance TPA
M&AAcquisition · Completed

Cupid acquires Karnataka bank

Last Friday, Cupid's CMD made a bulk deal by purchasing 38 lakh shares worth approximately ₹71 crore in the private sector banking institution.

Banking
ContractInfrastructure

NBCC India Ltd · client: Canara bank

State-owned construction firm NBCC India Ltd on Friday (November 21) said it has been awarded a work order worth approximately ₹45.09 crore by Canara Bank for the construction of the…

Construction
ContractInfrastructure

Nbcc (india) limited · client: Canara bank

The company has confirmed that it will be handling the construction of the bank’s upcoming Regional and Circle Office building at Murma, Nagri Anchal in Ranchi, Jharkhand.

Institutional and office-space development
ContractSupply

Heidelberg · client: Tcpl

Peter Rego, general manager for Heidelberg India, announced the sale of two Masterwork kits — Easymatrix 106FC to TCPL and Easymatrix 106 C/CS to Amber Print Pack.

Packaging Printing
ContractMaintenance

EskoArtwork · client: Tcpl

EskoArtwork will maintain TCPL’s software to the latest releases and patches and also offer complete remote support.

M&AAcquisition

Tcpl acquires Capital foods

What was the strategic rationale behind TCPL’s acquisition of Capital Foods, and how does Ching’s Secret align with your broader packaged foods vision?

M&AAcquisition · Completed

Innova capital acquires Emi

The fund has completed two partial exits through strategic partnerships with international private equity funds: ... Innova Capital in EMI.

Contract

Dharan Infra-EPC · client: Canara bank

It also announced the execution of a One-Time Settlement (OTS) Agreement with Canara Bank for Rs 10 crore which the company said would strengthen the balance sheet.

FundingQIP

Ujjivan small finance bank

Ujjivan Small Finance Bank is planning to mop up Rs 2,000 crore through a qualified institutional placement (QIP) in the next 18-24 months

Banking
M&AMerger · Announced

Jana Capital acquires Jana Holdings

Jana Small Finance Bank has initiated a process to merge its non-operative financial holding company into core investment company to create a leaner structure even as the bank is…

Financial Services

Financial services companies in Karnataka, by revenue

Browse financial services companies in Karnataka by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 196 financial services companies in Karnataka that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Commercial bank

Banks
₹139,164.94 crFY 2023-24
Not reported
24,830-3% 12 mo to Mar 2024LinkedIn · Jul 2026
120 yr1906
0none in 3 months

Commercial bank

Banks
₹9,617.47 crFY 2023-24
Not reported
3,753+3% 12 mo to Mar 2024LinkedIn · Jul 2026
102 yr1924
1postings · last posted Sep 2026

Financial services company primarily focused on serving the urban poor through microfinance and banking services

Microfinance
₹6,463.91 crFY 2023-24
+36%2023–2024
294+6% 12 mo to Mar 2023LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of microcredit services

Microfinance
₹5,756.14 crFY 2024-25
+11%2024–2025
2,260+7% 12 mo to Jul 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Microfinance bank

Banks
₹3,699.88 crFY 2022-23
Not reported
2,779+37% 12 mo to Aug 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months · last posted Jun 2026

Diversified lending NBFI

Consumer and sme loans
₹3,524.69 crFY 2023-24
+28%2023–2024
1+18% 12 mo to Sep 2024LinkedIn · Jul 2026
39 yr1987
0none in 3 months · last posted Jun 2026

Provider of microcredit services for women empowerment

Microfinance
₹2,770.03 crFY 2022-23
+58%2022–2023
1,016+13% 12 mo to Aug 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Sep 2026

Provider of digital lending and consumer financing solutions

Consumer and sme loans
₹2,186.83 crFY 2024-25
+56%2024–2025
299+40% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Feb 2025

Micro-finance bank

Banks
₹1,970.80 crFY 2022-23
+20%2022–2023
12,768-14% 12 mo to Jul 2024recorded Jul 2024
19 yr2007
0none in 3 months

Provider of financial services

Financial services industry associations
₹1,132.80 crFY 2024-25
+63%2024–2025
—Not available
5 yr2021
0none in 3 months · last posted Jun 2026

Gold buying company

Fashion accessories
₹1,029.92 crFY 2024-25
+5%2024–2025
256-40% 12 mo to Jan 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jun 2026

Provider of insurance brokerage services

Insurance distribution
₹962.65 crFY 2024-25
+20%2024–2025
—Not available
18 yr2008
0none in 3 months

Chains providing digital banking, savings accounts, and UPI credit cards

Banks
₹867.83 crFY 2022-23
+196%2022–2023
2,287LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Commercial bank

Banks
₹836.11 crFY 2024-25
+9%2024–2025
—Not available
23 yr2003
0none in 3 months

Provider of business loans for micro, small, and medium enterprises

Consumer and sme loans
₹692.13 crFY 2024-25
-4%2024–2025
1,132+21% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
4postings · last posted Jul 2026

Manufacturer of ATM

Service providers to banks
₹670.17 crFY 2024-25
Not reported
340-2% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Administrator providing health benefits, claims processing, and related insurance services

Services for health insurers
₹518.96 crFY 2022-23
Not reported
51-4% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
34postings · last posted Sep 2026

Vehicle financing for Toyota products

Consumer and sme loans
₹435.56 crFY 2024-25
+46%2024–2025
959LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of financial services focused on livelihood advancement for underserved communities

Alternative lending
₹394.58 crFY 2024-25
+57%2024–2025
147+53% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of life insurance services

Insurance carriers
₹384.99 crFY 2023-24
+59%2023–2024
25,402-2% 12 mo to Sep 2024recorded Sep 2024
25 yr2001
30postings · last posted Sep 2026

A personal loan and financial solutions provider

Service providers to banks
₹355.02 crFY 2024-25
+41%2024–2025
434+7% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of school and student loan solutions

Consumer and sme loans
₹325.69 crFY 2024-25
+15%2024–2025
802+17% 12 mo to Aug 2024LinkedIn · Jul 2026
13 yr2013
2postings · last posted Jul 2026

NBFC-MFI offering microfinance products directly and through business correspondents

Microfinance
₹247.48 crFY 2021-22
-3%2021–2022
3,085+33% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
1postings · last posted Aug 2026

Provider of capital loans for SMEs

Consumer and sme loans
₹264.35 crFY 2024-25
+48%2024–2025
15-72% 12 mo to Aug 2023recorded Aug 2023
8 yr2018
0none in 3 months

Provider of personal loans to salaried professionals without collateral

Consumer and sme loans
₹239.78 crFY 2024-25
+62%2024–2025
—Not available
7 yr2019
0none in 3 months
50 of 739 companies shown here · the full list is on Radar
Fliar Radar

Explore all 739 financial services companies in Karnataka on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open financial services in Karnataka on Radar
  • Every company, not just 50All 739 financial services companies in Karnataka, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore financial services companies in Karnataka by what you are looking for

Browse top financial services companies in Karnataka, including banks, lenders, insurers and asset managers. Find financial services companies in Bangalore and Karnataka for loans, wealth management and accounting.

9 ways to explore financial services in Karnataka

Banks & small finance banksLoan providers, NBFCs & microfinanceAsset management & wealth management firmsInsurance companies & brokersAccounting, audit & tax consulting firmsCredit score, debt management & loan comparison

Loan providers, NBFCs & microfinance

Consumer, business and gold loan providers, NBFC lenders and microfinance institutions.

  1. Ujjivan

    Financial services company primarily focused on serving the urban poor through microfinance and banking services

    Microfinance
    See in list
  2. CreditAccess Grameen

    Provider of microcredit services

    Microfinance
    See in list
  3. Can Fin Homes

    Diversified lending NBFI

    Consumer and sme loans
    See in list
  4. IIFL Samasta

    Provider of microcredit services for women empowerment

    Microfinance
    See in list
  5. KrazyBee

    Provider of digital lending and consumer financing solutions

    Consumer and sme loans
    See in list

Asset management & wealth management firms

Wealth managers, investment advisors, brokers and investment banks.

  1. Banyan Tree Advisors

    Provider of wealth management services

    Asset management
    See in list
  2. ICM

    Provider of investment management services

    Asset management
    See in list
  3. SPRISM

    Diversified investment management firm

    Asset management
    See in list
  4. Aeka Advisors

    Provider of transaction advisory, transaction support, tax, and regulatory services

    Management consulting services
    See in list
  5. Right Horizons

    Wealth management firm

    Asset management
    See in list

Insurance companies & brokers

Life, health and general insurance carriers, brokers and platforms.

  1. Legato

    Provider of health care operations, data analytics, digital, automation, and AI services

    It outsourcing services for insurance
    Website
  2. Toyota Tsusho Insurance Broker India

    Provider of insurance brokerage services

    Insurance distribution
    See in list
  3. Medi Assist Insurance TPA

    Administrator providing health benefits, claims processing, and related insurance services

    Services for health insurers
    See in list
  4. PNB MetLife

    Provider of life insurance services

    Insurance carriers
    See in list
  5. BankSaathi

    Internet first provider of life and health insurance services

    Insurance carriers
    See in list

Accounting, audit & tax consulting firms

Accounting, audit, tax and financial consulting service providers.

  1. FlowEdge

    FlowEdge

    Grc services
    See in list
  2. Aeka Advisors

    Provider of transaction advisory, transaction support, tax, and regulatory services

    Management consulting services
    See in list
  3. Pro-Team Solutions

    Management consulting company specializing in internal controls, audits, process outsourcing, compliance, and technology

    Finance & accounting services
    See in list
  4. FinAKS

    Provider of accounting, financial, M&A and business consulting services

    Finance & accounting services
    Website
  5. FinGurus

    Provider of a range of financial services, including accounting, taxation, company secretarial, and CFO services

    Finance & accounting services
    Website

Credit score, debt management & loan comparison

Debt management, credit repair, credit score and loan comparison services.

  1. Polestar Global Debt Recovery and Advisory

    Provider of debt management, legal support and risk management services

    Service providers to banks
    Website
  2. SmartCoin Financials

    Smartcoin is providing financial access to the millions of mobile users in India using alternative credit assessment.

    Internet first lenders
    Website
  3. fundstiger

    FundsTiger is a FinTech company in India that runs an Alternate Lending Marketplace providing Business and Personal Loans for SMEs.

    Internet first lenders
    Website
  4. Roots Finserv

    Provider of loans services for borrowers

    Service providers to banks
    Website
  5. FxmTrack Financials

    Provider of customized loan quotes and financial structuring solutions

    Consumer and sme loans
    Website

Financial services startups in Karnataka

Recently founded financial services and fintech startups in Karnataka.

  1. Great Kapital

    Provider of financial services

    Financial services industry associations
    See in list
  2. Groww Credit

    Provider of digital lending solutions, offering instant personal loans with flexible repayment options at competitive interest rates.

    Consumer and sme loans
    See in list
  3. Vridhi Finserv Home Finance

    Provider of consumer home loans

    Consumer and sme loans
    See in list
  4. Edgro

    Fintech startup offering education financing services through student loans

    Consumer and sme loans
    See in list
  5. Aeka Advisors

    Provider of transaction advisory, transaction support, tax, and regulatory services

    Management consulting services
    See in list
127 companies in Karnataka

Financial services companies hiring in Karnataka

Financial services companies in Karnataka with open jobs.

  1. Karnataka Bank

    Commercial bank

    Banks
    See in list
  2. Jana Small Finance Bank

    Microfinance bank

    Banks
    See in list
  3. Can Fin Homes

    Diversified lending NBFI

    Consumer and sme loans
    See in list
  4. IIFL Samasta

    Provider of microcredit services for women empowerment

    Microfinance
    See in list
  5. KrazyBee

    Provider of digital lending and consumer financing solutions

    Consumer and sme loans
    See in list
40 companies in Karnataka

Listed financial services companies in Karnataka

Publicly listed financial services companies in Karnataka.

  1. Canara Bank

    Commercial bank

    Banks
    See in list
  2. Karnataka Bank

    Commercial bank

    Banks
    See in list
  3. Ujjivan

    Financial services company primarily focused on serving the urban poor through microfinance and banking services

    Microfinance
    See in list
  4. CreditAccess Grameen

    Provider of microcredit services

    Microfinance
    See in list
  5. Jana Small Finance Bank

    Microfinance bank

    Banks
    See in list
9 companies in Karnataka
Mobile reach

Top 10 financial services apps from Karnataka

The most-installed Android apps published by financial services companies headquartered in Karnataka — 76.7M installs between them. 60 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Canara ai1- Mobile Banking App

by Canara Bank

Installs55.6M
Rating4.071.7M ratings
Installs, year on year+37%
Last updatedMay 2026
View on Google Play ↗
Canara ai1- Mobile Banking App screenshot 1Canara ai1- Mobile Banking App screenshot 2Canara ai1- Mobile Banking App screenshot 3Canara ai1- Mobile Banking App screenshot 4Canara ai1- Mobile Banking App screenshot 5Canara ai1- Mobile Banking App screenshot 6
6

PNB MetLife : khUshi

by PNB MetLife

Installs1.1M
Rating2.6821K ratings
Last updatedMay 2026
View on Google Play ↗
PNB MetLife : khUshi screenshot 1PNB MetLife : khUshi screenshot 2PNB MetLife : khUshi screenshot 3PNB MetLife : khUshi screenshot 4PNB MetLife : khUshi screenshot 5PNB MetLife : khUshi screenshot 6
7

Online Gold Loan : Rupeek

by Rupeek

Installs804K
Rating5.031K ratings
Installs, year on year+12%
Last updatedJun 2026
View on Google Play ↗
Online Gold Loan : Rupeek screenshot 1Online Gold Loan : Rupeek screenshot 2Online Gold Loan : Rupeek screenshot 3
9

KarmaLife |EWA, Personal Loans

by KarmaLife

Installs487K
Rating—
Installs, year on year+70%
Last updatedJun 2026
View on Google Play ↗
KarmaLife |EWA, Personal Loans screenshot 1KarmaLife |EWA, Personal Loans screenshot 2KarmaLife |EWA, Personal Loans screenshot 3KarmaLife |EWA, Personal Loans screenshot 4KarmaLife |EWA, Personal Loans screenshot 5KarmaLife |EWA, Personal Loans screenshot 6
The business behind the activity

Financial services financials in Karnataka

Revenue, profit and growth from the filed annual accounts of 156 financial services companies in Karnataka for FY24-25 — 209 of the 739 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 60% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹9,512.29 cr

156 companies filing accounts

combined net profit₹75.85 cr

0.8% aggregate margin

are profitable69%

107 of 156 companies

median revenue~₹3.0 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five60%

revenue concentration

Six-year view

Combined revenue of filing companies

₹7,276.84 crFY19-20144 filers
₹9,351.77 crFY20-21162 filers
₹11,140.80 crFY21-22163 filers
₹15,904.25 crFY22-23164 filers
₹18,302.72 crFY23-24170 filers
₹9,512.29 crFY24-25156 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 135 companies over three years

+69%
FY22-23₹5,490.13 cr−₹261.44 cr net
FY23-24₹7,684.43 cr₹411.38 cr net
FY24-25₹9,260.03 cr₹61.05 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr4747% profitable
₹1–10 cr6282% profitable
₹10–100 cr3165% profitable
₹100–1,000 cr1486% profitable
Over ₹1,000 cr2100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking42
0–20%32
20–50%35
50–100%19
Doubled+15

143 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

107profitable
49loss-making
0.8%aggregate margin
3.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
InPrime FinservSTK CREDIT PRIVATE LIMITED₹10.06 cr
EdgroEDGRO FINANCE PRIVATE LIMITED
Vridhi Finserv Home FinanceVRIDHI FINSERV HOME FINANCE LIMITED
Zerodha Fund HouseZERODHA ASSET MANAGEMENT PRIVATE LIMITED+114%
FinsolFINSOL CONNECT PRIVATE LIMITED+97%₹17.38 cr
Mutual Global Insurance BrokingMUTUAL GLOBAL INSURANCE BROKING PRIVATE LIMITED+73%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Pygmalion WealthPYGMALION RENAISSANCE PRIVATE LIMITED34.0%₹13.62 cr
Samvitti CapitalSAMVITTI CAPITAL PRIVATE LIMITED
Banyan Tree AdvisorsBANYAN TREE ADVISORS PRIVATE LIMITED
Manipal HousingMANIPAL HOUSING FINANCE SYNDICATE LIMITED
Praveen CapitalPRAVEEN CAPITAL PRIVATE LIMITED16.3%₹20.88 cr
Vridhi Finserv Home FinanceVRIDHI FINSERV HOME FINANCE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Consumer and sme loans26₹4,600.19 cr~₹38.7 cr65%-0.2%
Service providers to banks17₹1,021.26 cr~₹7.4 cr71%5.8%
Insurance distribution11₹1,006.80 cr~₹4.1 cr91%6.8%
Asset management38₹488.84 cr~₹2.6 cr71%10.2%
Finance & accounting services19₹94.96 cr~₹2.0 cr79%2.8%
Services for investment industry8₹9.22 cr~₹1.0 cr38%-32.7%
Leaders

Largest financial services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
KrazyBeeKRAZYBEE SERVICES LIMITED₹2,186.83 cr₹221.22 cr10.1%+56%
Attica GoldATTICA GOLD PRIVATE LIMITED₹1,029.92 cr₹8.52 cr0.8%+5%
Toyota Tsusho Insurance Broker IndiaTOYOTA TSUSHO INSURANCE BROKER INDIA PRIVATE LIMITED₹962.65 cr₹62.86 cr6.5%+20%
Shri Prabhulingeshwar Souhardha Credit Co-OperativeSHRI PRABHULINGESHWAR SUGARS AND CHEMICALS LIMITED₹836.11 cr₹13.49 cr1.6%+9%
Kinara CapitalKinara Capital Private Limited₹692.13 cr−₹351.23 cr-50.7%-4%
India1 PaymentsINDIA1 PAYMENTS LIMITED₹670.17 cr₹31.03 cr4.6%+4%
Toyota Financial ServicesTOYOTA LOGISTICS KISHOR INDIA PRIVATE LIMITED₹435.56 cr₹53.90 cr12.4%+46%
VarthanaVARTHANA FINANCE PRIVATE LIMITED₹325.69 cr₹23.46 cr7.2%+15%
UpMoveUPMOVE CAPITAL PRIVATE LIMITED₹264.35 cr₹8.76 cr3.3%+48%
Banyan Tree AdvisorsBANYAN TREE ADVISORS PRIVATE LIMITED
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Financial Services Industry Landscape of India

The financials above are one chapter. The full financial services landscape of Karnataka maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the financial services landscape of Karnataka
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Financial services funding and M&A across India

1,188 recorded equity rounds have gone to 9,984 financial services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Karnataka compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months18

US$267.14m

equity rounds, last 24 months74

US$1.20bn

raised over five yearsUS$7.49bn

432 rounds in India

M&A deals, Karnataka24

last 24 months

Capital by year

Equity funding into financial services in India

amount rounds
$1.3bn2018100
$1.8bn2019100
$1.1bn202069
$1.4bn202197
$1.7bn2022110
$1.4bn202376
$2.2bn202486
$639m202552
$190m202611

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$2.15bn across 86 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$57.23m55 rounds · median US$470k
SeedUS$267.35m125 rounds · median US$977k
Series AUS$657.41m74 rounds · median US$5.77m
Series BUS$1.35bn65 rounds · median US$12.03m
Series CUS$1.49bn39 rounds · median US$24.00m
Series D+US$2.69bn61 rounds · median US$29.23m
Private equityUS$976.72m13 rounds · median US$53.65m
Where the money went · five years

Most-funded sub-sectors

Consumer and sme loansUS$4.12bn189 rounds · 83 companies
MicrofinanceUS$824.55m35 rounds · 15 companies
Alternative lendingUS$529.89m27 rounds · 11 companies
BanksUS$520.04m16 rounds · 6 companies
Asset managementUS$504.18m47 rounds · 22 companies
Insurance carriersUS$359.00m10 rounds · 8 companies
Service providers to banksUS$153.11m36 rounds · 16 companies
Corporate activity · last 24 months

M&A in Karnataka

21Acquisition
3Merger

Most active acquirers

  1. TVS Motor Company Limited3
  2. Medi Assist Insurance TPA3
  3. BLS E-Services2
  4. Axis bank2
  5. TVS Motor1

Most acquired or merged

  1. Jana small finance bank6
  2. Atyati technologies2
  3. Creditaccess grameen2
  4. Chaitanya india fin credit1
  5. Embassy office parks reit1

Each deal appears in the events strip at the top of the page.

Go deeper in the financial services landscape reports:

Financial Services Industry Landscape of India

Financial services funding in Karnataka

37 financial services companies in Karnataka have recorded equity funding, US$2.67bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Karnataka

Meet the people behind financial services companies in Karnataka. 248 of 739 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Karnataka financial services companies by sub-sector

The most common specialisations among financial services companies in Karnataka. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring financial services in India and nearby markets.

Coming soon