Company lists
The West Bengal edition · 2026

Financial servicescompanies in West Bengal

Investment & asset management, loans & NBFCs, stock brokers, accounting & tax, insurance and more: the companies building financial services in West Bengal, with their founders, funding, team size and business models.

404 company profiles125 with reported revenue9 with recorded fundingSeptember 2026 edition
West Bengal · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent financial services business events in West Bengal

Funding, M&A, contract wins and launches involving 469 financial services companies in West Bengal, last 24 months: 7 M&A deals · 6 Contracts · 2 launches · 2 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Dec 2025.

M&AAcquisition · Completed

Pilani Investment and Industries acquires Aditya Birla Lifestyle Brands

Pilani Investment and Industries Corporation Limited, part of the promoter group of Aditya Birla Lifestyle Brands, has disclosed the acquisition of 2.44 crore shares representing 2.00%…

Lifestyle Brands
LaunchSustainability Report

Arohan financial

Arohan Financial Services Limited… has unveiled its first Sustainability Report

ESG Report
FundingRights Issue

Mangalam Industrial Finance

Mangalam Industrial Finance Limited (The Company, MIFL) is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, engaged in lending and investment activities,…

NBFC
ContractService

Shriram general insurance · client: Contai co-operative bank

Shriram General Insurance Company Ltd. (SGI), one of India’s leading general insurance providers and part of the 52 -year-old Shriram Group, has signed a Corporate Agency Agreement with…

Insurance
ContractService

Vortex engineering · client: Uco bank

Vakrangee Limited’s wholly owned subsidiary, Vortex Engineering Private Limited, has signed a major Service Level Agreement (SLA) with UCO Bank for the supply, installation, and…

Banking
M&AAcquisition

Hazoor multi projects acquires Srei equipment finance

In another exchange filing, the company said in a move to bolster its presence in the oil and gas sector, has jointly with its partner entity, Last Mile Sports LLP, submitted a binding…

ContractService

NBCC India · client: Uco bank

NBCC India, on Tuesday, June 17, announced receiving a work order amounting to around ₹172.46 crore from UCO Bank.

Finance
ContractInfrastructure

State-run National Building Construction Company (NBCC) Ltd. · client: Uco bank

State-run National Building Construction Company (NBCC) Ltd. said that the company has won an order worth ₹172.5 crore from UCO Bank.

FundingPreferential allotment

Shriram Asset Management Company

Shriram Asset Management Company completed the preferential allotment to South Africa's Sanlam Emerging Market, raising Rs 105 crore in growth capital as part of a strategic partnership.

Investors Sanlam Emerging Market
Asset Management
LaunchInfRE360

Icra analytics

ICRA Analytics Ltd., a leading provider of business intelligence, risk management, and analytics solutions, today announced the launch of ‘InfRE360’, India’s first cloud‑based SaaS Data…

SaaS Data & Analytics platform
ContractTechnology

PSB Alliance · client: Uco bank

four leading public sector banks – Bank of Baroda, Central Bank of India, Indian Overseas Bank, and UCO Bank have signed up for the world’s largest unified Supply Chain Finance (SCF)…

Finance
ContractService

Bandhan bank · client: Indian air force

Private lender Bandhan Bank on Wednesday said it has inked an MoU with the Indian Air Force to provide corporate salary accounts to the defence personnel.

Banking
M&AAcquisition · Announced

Sanlam acquires Shriram asset management

South African financial services group Sanlam is picking up a 23% stake in Shriram Asset Management Company Ltd and has made an open offer to buy more shares from public shareholders.

Financial Services
M&AAcquisition · Announced

Bandhan Financial Services acquires Genisys group

Bandhan Financial Services (Bandhan Group) on Tuesday announced acquisition of Genisys Group, a global information technology and business process services company, marking the former’s…

Information Technology
M&AAcquisition · Announced

Bandhan Financial Services acquires Genisys group

Bandhan Group (Bandhan Financial Services) has officially acquired Genisys Group, marking its strategic entry into the technology sector.

Technology
M&AAcquisition

Navratri Trading Pvt Ltd. acquires Arnold holdings

Navratri Trading Pvt Ltd. Has picked up 11.70 Lakh shares in Arnold Holdings Ltd. At an average price of Rs.71.61.

Non-Banking Financial Company

Financial services companies in West Bengal, by revenue

Browse financial services companies in West Bengal 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 125 financial services companies in West Bengal 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
₹25,119.87 crFY 2023-24
Not reported
6,920-1% 12 mo to Mar 2024LinkedIn · Jul 2026
83 yr1943
2postings · last posted Aug 2026

Provider of advisory services in areas such as KYC compliance, derivatives, and workflow management systems, catering to various industries

Brokers and dealers
₹1,249.72 crFY 2024-25
+106%2024–2025
—Not available
27 yr1999
0none in 3 months

Provider of brokerage services for various exchanges

Brokers and dealers
₹846.71 crFY 2024-25
-1%2024–2025
20+0% 12 mo to Sep 2024recorded Sep 2024
46 yr1980
0none in 3 months

Provider of foreign exchange services and solutions

Investment consultants
₹809.09 crFY 2024-25
Not reported
—Not available
8 yr2018
0none in 3 months

Provider of infrastructure solutions for power, telecom, and oil and gas

Brokers and dealers
₹549.29 crFY 2024-25
-17%2024–2025
20LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Funds on fund focused on multiple sectors

Asset management
₹487.51 crFY 2023-24
-15%2023–2024
4LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Stock brokerage firm

Services for investment industry
₹368.42 crFY 2024-25
-17%2024–2025
25+317% 12 mo to Mar 2023recorded Mar 2023
46 yr1980
0none in 3 months

Proprietary trading firm trading in equity, interest rate futures, commodity, and currency

Asset management
₹365.40 crFY 2024-25
+7%2024–2025
33LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Full service stock broker

Brokers and dealers
₹307.00 crFY 2022-23
Not reported
117-33% 12 mo to Feb 2024LinkedIn · Jul 2026
31 yr1995
1postings · last posted Jul 2026

Provider of investment management and financing services

Asset management
₹279.61 crFY 2022-23
Not reported
3+33% 12 mo to Mar 2024LinkedIn · Jul 2026
78 yr1948
—No postings tracked

Stockbroking & investment banking company

Brokers and dealers
₹244.05 crFY 2022-23
Not reported
131+10% 12 mo to Sep 2024LinkedIn · Jul 2026
31 yr1995
—No postings tracked

Stock brokerage firm

Brokers and dealers
₹255.46 crFY 2024-25
+179%2024–2025
—Not available
20 yr2006
0none in 3 months

Provider of investment, corporate & infrastructure finanacing services

Consumer and sme loans
₹202.00 crFY 2024-25
-2%2024–2025
18LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Provider of micro financial services

Microfinance
₹194.01 crFY 2024-25
+8%2024–2025
480-4% 12 mo to Jul 2024LinkedIn · Jul 2026
30 yr1996
1postings · last posted Jul 2026

Provider of investment and loans services to SMEs

Asset management
₹135.24 crFY 2021-22
Not reported
3+0% 12 mo to Mar 2023recorded Mar 2023
44 yr1982
—No postings tracked

Provider of architectural design and project management services

Insurance distribution
₹125.50 crFY 2024-25
+3%2024–2025
75recorded
24 yr2002
0none in 3 months

Investment solutions company offering brokerage services

Brokers and dealers
₹97.66 crFY 2021-22
Not reported
—Not available
31 yr1995
—No postings tracked

Investment banking and wealth management firm

Asset management
₹106.20 crFY 2024-25
+10%2024–2025
75-7% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of commercial financing solutions

Consumer and sme loans
₹105.25 crFY 2024-25
Not reported
1LinkedIn · Jul 2026
43 yr1983
0none in 3 months

VISCO TRADE ASSOCIATES LIMITED

Brokers and dealers
₹86.28 crFY 2022-23
+275%2022–2023
2recorded
43 yr1983
0none in 3 months

Provider of investment & wealth management and financial services

Services for investment industry
₹89.49 crFY 2024-25
+24%2024–2025
236-87% 12 mo to Aug 2023LinkedIn · Jul 2026
21 yr2005
3postings · last posted Aug 2026

Micro loans in West Bengal

Microfinance
₹87.87 crFY 2024-25
+20%2024–2025
6-37% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
4postings · last posted Sep 2026

Provider of insurance portfolio management services and brokerage solutions for clients across both life and general insurance categories

Insurance distribution
₹78.06 crFY 2024-25
+10%2024–2025
387+21% 12 mo to Jun 2024LinkedIn · Jul 2026
21 yr2005
5postings · last posted Sep 2026

Micro Loans in West Bengal

Microfinance
₹67.58 crFY 2024-25
-13%2024–2025
145+80% 12 mo to Jun 2023LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Provider of investment management and financial services

Services for investment industry
₹66.99 crFY 2024-25
+1492%2024–2025
—Not available
46 yr1980
0none in 3 months
50 of 404 companies shown here · the full list is on Radar
Fliar Radar

Explore all 404 financial services companies in West Bengal on Radar

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

Open financial services in West Bengal on Radar
  • Every company, not just 50All 404 financial services companies in West Bengal, 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 West Bengal by what you are looking for

Find top financial services companies in West Bengal, from banks and NBFC lenders to stock brokers and insurance brokers. Browse financial services startups in West Bengal and listed companies in one place.

9 ways to explore financial services in West Bengal

Investment & asset management companiesNBFC, loan & finance companiesStock brokers & securities companiesAccounting, tax & finance consulting firmsInsurance brokers & insurance companiesBanks & microfinance institutions

Investment & asset management companies

Investment firms, fund managers and wealth advisors.

  1. Dhunseri Investments

    Investment management firm

    Asset management
    Website
  2. Trust Capital

    Funds on fund focused on multiple sectors

    Asset management
    See in list
  3. VT Capital

    Proprietary trading firm trading in equity, interest rate futures, commodity, and currency

    Asset management
    See in list
  4. Pilani Investment And Industries Corporation

    Provider of investment management and financing services

    Asset management
    See in list
  5. Arnold Holdings Limited

    Provider of investment, corporate & infrastructure finanacing services

    Consumer and sme loans
    See in list

NBFC, loan & finance companies

Non-banking lenders offering consumer, SME and asset loans.

  1. Premier Ferro Alloys & Securities

    Provider of advancing loans to various body corporates

    Consumer and sme loans
    Website
  2. VFS Capital

    Provider of micro financial services

    Microfinance
    See in list
  3. Easun Capital Markets

    Provider of investment and loans services to SMEs

    Asset management
    See in list
  4. AVRO Commercial

    Provider of commercial financing solutions

    Consumer and sme loans
    See in list
  5. NPR Finance

    Three wheeler finance and commercial vehicle refinance

    Asset finance
    Website

Stock brokers & securities companies

Stock brokers, dealers and exchanges.

  1. M Prasad & Co

    Provider of advisory services in areas such as KYC compliance, derivatives, and workflow management systems, catering to various industries

    Brokers and dealers
    See in list
  2. KNA Share Brokers

    Provider of brokerage services for various exchanges

    Brokers and dealers
    See in list
  3. MSBPL

    Provider of infrastructure solutions for power, telecom, and oil and gas

    Brokers and dealers
    See in list
  4. Apunka Invest Commercial

    Stock brokerage firm

    Services for investment industry
    See in list
  5. VT Capital

    Proprietary trading firm trading in equity, interest rate futures, commodity, and currency

    Asset management
    See in list

Accounting, tax & finance consulting firms

Accounting, payroll, tax and virtual CFO services.

  1. Tusk Investment

    Provider of finance and accounting services for businesses

    Finance & accounting services
    See in list
  2. C-Quel

    Provider of accounting, payroll compliance and HR services

    Finance & accounting services
    See in list
  3. Cloud Infosolutions

    Provider of payroll, accounting, and taxation solutions for businesses

    Finance & accounting services
    See in list
  4. GST DOST

    Provider of tax consulting services

    Finance & accounting services
    Website
  5. Mapasu Consulting Services

    Provider of financial solutions spanning from business plan preparation to tax and legal compliance

    Finance & accounting services
    Website

Insurance brokers & insurance companies

Insurance brokers, carriers and claims administrators.

  1. Ideal Insurance Brokers

    Provider of insurance portfolio management services and brokerage solutions for clients across both life and general insurance categories

    Insurance distribution
    See in list
  2. Heritage Health Insurance

    Third-Party Administrator of health insurance

    Services for health insurers
    Website
  3. Extra Cover

    Provider of motor, life & health insurance services

    Insurance distribution
    Website
  4. BP Risk Advisors & Insurance Brokers

    Composite insurance brokerage firm

    Insurance distribution
    Website
  5. Avia Insurance Brokers

    Avia – Avia Insurance Brokers Private Limited

    Insurance distribution
    Website

Banks & microfinance institutions

Commercial banks, rural banks and microfinance lenders.

  1. UCO Bank

    Commercial bank

    Banks
    See in list
  2. ASAI India

    Micro Loans in East India

    Microfinance
    Website
  3. VFS Capital

    Provider of micro financial services

    Microfinance
    See in list
  4. Sudha Apparels

    Manufacturer of apparel products with a focus on finance and investing activities

    Service providers to banks
    Website
  5. Uttrayan Financial Services

    Micro loans in West Bengal

    Microfinance
    See in list
53 companies in West BengalAll 281 banks companies in India →

Listed financial services companies in West Bengal

Publicly listed financial services companies in West Bengal.

  1. UCO Bank

    Commercial bank

    Banks
    See in list
  2. Dhunseri Investments

    Investment management firm

    Asset management
    Website
  3. Apunka Invest Commercial

    Stock brokerage firm

    Services for investment industry
    See in list
  4. East India Securities

    Full service stock broker

    Brokers and dealers
    See in list
  5. Pilani Investment And Industries Corporation

    Provider of investment management and financing services

    Asset management
    See in list
57 companies in West Bengal

Financial services startups in West Bengal

Recently founded financial services companies in West Bengal.

  1. Asterix Innovations

    Diversified investment management firm

    Services for investment industry
    Website
  2. Wealthcrop Securities

    Trade Confidently at Kotak Securities with Wealthcrop!

    Brokers and dealers
    Website
  3. Finclock

    Provider of wealth management, investment banking, and portfolio management services

    Asset management
    Website
  4. Saminofi

    Company offers a platform for information and selling financial products

    Financial news portals and data aggregators
    Website
  5. Agarwal Vikash & Associates

    Provider of accounting, tax, and auditing services

    Finance & accounting services
    Website
51 companies in West Bengal

Financial services companies hiring in West Bengal

Financial services companies in West Bengal with open roles.

  1. UCO Bank

    Commercial bank

    Banks
    See in list
  2. Khaitan

    Provider of end to end legal services

    Legal services
    Website
  3. East India Securities

    Full service stock broker

    Brokers and dealers
    See in list
  4. VFS Capital

    Provider of micro financial services

    Microfinance
    See in list
  5. AUM Capital

    Provider of investment & wealth management and financial services

    Services for investment industry
    See in list
17 companies in West Bengal
Mobile reach

Top 10 financial services apps from West Bengal

The most-installed Android apps published by financial services companies headquartered in West Bengal — 20.6M installs between them. 37 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

UCO mPassbook

by UCO Bank

Installs11.2M
Rating4.3262K ratings
Installs, year on year+26%
Last updatedOct 2025
View on Google Play ↗
UCO mPassbook screenshot 1UCO mPassbook screenshot 2UCO mPassbook screenshot 3UCO mPassbook screenshot 4UCO mPassbook screenshot 5UCO mPassbook screenshot 6
4

Shriram Netpro Mobile Trading

by Shriram Insight

Installs135K
Rating3.752K ratings
Installs, year on year+16%
Last updatedFeb 2026
View on Google Play ↗
Shriram Netpro Mobile Trading screenshot 1Shriram Netpro Mobile Trading screenshot 2Shriram Netpro Mobile Trading screenshot 3Shriram Netpro Mobile Trading screenshot 4Shriram Netpro Mobile Trading screenshot 5Shriram Netpro Mobile Trading screenshot 6
5

SKP

by SKP

Installs28K
Rating—
Last updatedFeb 2026
View on Google Play ↗
SKP screenshot 1SKP screenshot 2SKP screenshot 3SKP screenshot 4SKP screenshot 5SKP screenshot 6
The business behind the activity

Financial services financials in West Bengal

Revenue, profit and growth from the filed annual accounts of 102 financial services companies in West Bengal for FY24-25 — 156 of the 404 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 53% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,327.89 cr

102 companies filing accounts

combined net profit₹790.35 cr

10.8% aggregate margin

are profitable84%

85 of 102 companies

median revenue~₹8.7 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five53%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,690.55 crFY19-20107 filers
₹4,153.40 crFY20-21110 filers
₹5,523.48 crFY21-22117 filers
₹4,920.99 crFY22-23115 filers
₹6,247.88 crFY23-24112 filers
₹7,327.89 crFY24-25102 filers

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

Like-for-like

The same 99 companies over three years

+86%
FY22-23₹3,934.50 cr₹503.41 cr net
FY23-24₹5,804.08 cr₹973.90 cr net
FY24-25₹7,327.84 cr₹790.35 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 cr2564% profitable
₹1–10 cr3087% profitable
₹10–100 cr3388% profitable
₹100–1,000 cr13100% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking33
0–20%28
20–50%21
50–100%7
Doubled+10

99 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

85profitable
16loss-making
10.8%aggregate margin
5.8%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
Abhinandan ForexABHINANDAN FOREX PRIVATE LIMITED+563%₹809.09 cr
Giriraj Stock BrokingGIRIRAJ STOCK BROKING PRIVATE LIMITED
Abhishek SecuritiesALTIUS INVESTECH PRIVATE LIMITED+179%₹255.46 cr
Equity PeopleBALJIT SECURITIES PRIVATE LIMITED
M Prasad & CoM. PRASAD AND CO LIMITED+106%₹1,249.72 cr
AchiieversACHIIEVERS FINANCE INDIA LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Giriraj Stock BrokingGIRIRAJ STOCK BROKING PRIVATE LIMITED
East India SecuritiesEAST INDIA SECURITIES LTD61.4%₹465.42 cr
VT CapitalVT CAPITAL MARKET PRIVATE LIMITED52.1%₹365.40 cr
Finshore Management ServicesFINSHORE MANAGEMENT SERVICES LIMITED
Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD
Cloud InfosolutionsCLOUD INFOSOLUTIONS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Brokers and dealers15₹3,936.41 cr~₹62.0 cr87%13.0%
Asset management19₹708.14 cr~₹8.7 cr79%32.4%
Services for investment industry8₹523.46 cr~₹10.4 cr88%8.7%
Microfinance8₹521.21 cr~₹45.0 cr75%-11.0%
Consumer and sme loans16₹387.70 cr~₹2.3 cr81%5.7%
Insurance distribution12₹301.50 cr~₹4.0 cr75%9.1%
Service providers to banks9₹84.76 cr~₹8.7 cr100%2.9%
Finance & accounting services8₹39.87 cr~₹2.5 cr88%14.8%
Leaders

Largest financial services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
M Prasad & CoM. PRASAD AND CO LIMITED₹1,249.72 cr₹116.66 cr9.3%+106%
KNA Share BrokersKNA SHARE BROKERS PRIVATE LIMITED₹846.71 cr₹7.56 cr0.9%-1%
Abhinandan ForexABHINANDAN FOREX PRIVATE LIMITED₹809.09 cr₹71.88 lakh0.1%+563%
MSBPLMILLENNIUM STOCK BROKING PRIVATE LIMITED₹549.29 cr₹20.93 cr3.8%-17%
East India SecuritiesEAST INDIA SECURITIES LTD₹465.42 cr₹285.77 cr61.4%+16%
Lohia SecuritiesLOHIA SECURITIES LTD₹405.58 cr₹5.08 cr1.3%+15%
VT CapitalVT CAPITAL MARKET PRIVATE LIMITED₹365.40 cr₹190.39 cr52.1%+7%
Apunka Invest CommercialPANORAMA STUDIOS INTERNATIONAL LIMITED₹354.08 cr₹40.45 cr11.4%-14%
Abhishek SecuritiesALTIUS INVESTECH PRIVATE LIMITED₹255.46 cr₹16.92 cr6.6%+179%
Arnold Holdings LimitedARNOLD HOLDINGS LTD₹202.00 cr₹5.33 cr2.6%-2%
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 West Bengal 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 West Bengal
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 West Bengal 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, West Bengal7

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 West Bengal

7Acquisition

Most active acquirers

  1. Pilani Investment and Industries1
  2. Sumitomo mitsui banking corporation1
  3. Hazoor multi projects1
  4. Sanlam1
  5. Bandhan Financial Services1

Most acquired or merged

  1. Genisys group2
  2. Aditya Birla Lifestyle Brands1
  3. Bandhan bank1
  4. Srei equipment finance1
  5. Shriram asset management1

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 West Bengal

9 financial services companies in West Bengal have recorded equity funding, US$489.64m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in West Bengal

Meet the people behind financial services companies in West Bengal. 118 of 404 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore West Bengal financial services companies by sub-sector

The most common specialisations among financial services companies in West Bengal. 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