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Shivalik Small Finance Bank

970 employees

Shivalik Small Finance Bank is the first Small Finance Bank in India to have transitioned from an Urban Cooperative Bank with 25 years of experience in offering retail banking products and services. The bank is technology focussed and is powered by Infosys Finacle Core Banking and Digital Banking Suite. The bank’s cloud-based architecture provides it with unmatched agility to cost-effectively manage scale and power its growth. The Bank is live on all retail payment platforms including UPI, IMPS, NEFT/RTGS and is a direct member of the National Financial Switch. The bank has over 6 lakh unique customers and operates through 68 branches and 93 exclusive Business Correspondent Branches across Uttar Pradesh, Uttarakhand, Madhya Pradesh, National Capital Region (NCR), Telangana and Haryana.

Investor insights

Funding rounds participated in

$12M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Banking

Sectors

Banking

Date founded

1997

Funding rounds raised

Total raised

$12M

from 3 investors over 1 rounds

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Shivalik Small Finance Bank raised $12M on July 18, 2024

Investors: Sorin Investments, Lightspeed India Partners and + 2 Other investors

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