IKF Finance - About the company
IKF Finance is a series D company based in Vijayawada (India), founded in 1991. It operates as a Commercial vehicle financing company in South India. IKF Finance has raised $205M in funding, with a current valuation of ₹*****. The company has 65 active competitors, including 9 funded and 15 that have exited. Its top competitors include companies like SK Finance, Bike Bazaar and Berar Finance.
Company Details
IKF Finance is a non-banking finance company in South India. The company’s primary focus is on financing the purchase of commercial vehicles, tractors, cars and multi utility vehicles. It finances both new and used vehicles. It also provides working capital loans. The Company has partnered with various renowned banks and financial institutions for asset collateral management and securitization. It is a public company listed on BSE.
- Website
- ikffinance.com
- Email ID
- *****@ikffinance.com
- Registered Address
- 40-1-144,3rd FLOOR, CORPORATE CENTRE, M.G.ROAD., VIJAYAWADA, Andhra Pradesh, India, 520010
Key Metrics
Founded Year
1991
Location
Vijayawada, India
Stage
Series D
Total Funding
$205M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Feb 28, 2025
Investors
Ranked
5th among 65 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
2,077 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Legal entities associated with IKF Finance
IKF Finance is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IKF FINANCE LIMITED CIN: U65992AP1991PLC012736 , India, Active | May 30, 1991 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 2077 (As on Aug 31, 2025) |
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IKF Finance's funding and investors
IKF Finance has raised a total funding of $205M over 2 rounds. Its first funding round was on Apr 05, 2023. Its latest funding round was a Series D round on May 15, 2025 for $*****. 2 investors participated in its latest round. IKF Finance has 21 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of IKF Finance:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2025 | 7158278 | Series D | 2005011 | 4853325 | 1762143 | 6090793 |
Apr 05, 2023 | 6209356 | Series C | 5681883 | 4241896 | 6490970 |
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IKF Finance's founders and board of directors
Founder? Claim ProfileIKF Finance's Board of Directors
IKF Finance's board has 6 active members. Sunil Rewachand Chandiramani, Raman Uberoi, Satyanand Sinha Chunduri, Vasumathi Devi Koganti, Kannan and Sethuraman Ganesh are independent board members.Here is the list of IKF Finance's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 11m | |
p{gafka | Independent board member | - | Current | 6y 1m |
dnewkol | Independent board member | - | Current | 7y 7m |
omfow{z | Independent board member | - | Current | 6y 6m |
wspfgqf | Independent board member | - | Current | 4y 7m |
peoqaou | Independent board member | - | Current | 6y 5m |
IKF Finance's employee count trend
IKF Finance has 2,077 employees as of Aug 25. Here is IKF Finance's employee count trend over the years:
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IKF Finance's Competitors and alternates
Top competitors of IKF Finance include SK Finance, Bike Bazaar and Berar Finance. Here is the list of Top 10 competitors of IKF Finance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  SK Finance 1994, Jaipur (India), Series G | Provider of vehicle and business loans services | $370M | 73/100 | |
2nd | Bike Bazaar 2017, Pune (India), Series D | Online platform for buying and selling two-wheelers | $59.2M | 64/100 | |
3rd |  Berar Finance 1990, Nagpur (India), Late Stage | Diversified lending NBFCs offering vehicle & personal loans | $40.3M | 62/100 | |
4th | Bajaj Auto Finance 1987, Pune (India), Late Stage | Provider of auto finance services | $10M | 61/100 | |
5th | IKF Finance 1991, Vijayawada (India), Series D | Commercial vehicle financing company in South India | $205M | 60/100 | |
6th | Kanakadurga Finance 1994, Vijayawada (India), Early Stage | Vehicle loans and other services | $10M | 56/100 | |
7th |  Godrej Capital 2018, Mumbai (India), Unfunded | Provider of secured and unsecured loans with flexible repayment options | - | - | 54/100 |
8th |  Mufin Green Finance 2016, Delhi (India), Public | Provider of consumer and SME loans | - | 53/100 | |
9th | Provider of two wheeler loans | $63.7M | 51/100 | ||
10th |  Mahaveer Finance India 1981, Chennai (India), Series C | Provider of financial services including personal loans and credit products | $37.6M | 51/100 |
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IKF Finance's Investments and acquisitions
IKF Finance has a total of 1 investment in Infra.Market. IKF Finance has not made any acquisitions as of now.Reports related to IKF Finance
Here is the latest report on IKF Finance's sector:
News related to IKF Finance
Filter this listMedia has covered IKF Finance for 1 event in last 1 year.
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Creador invests in IKF Finance, Accion exits in secondary dealVCCircle•Nov 17, 2025•Creador, IKF Finance
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IKF Finance Secures ₹1,465 Crore FundingMint•May 15, 2025•IKF Finance, Norwest Venture Partners, Shardul Amarchand Mangaldas, Motilal Oswal and 3 others
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Norwest leads Rs 1,465 cr investment in IKF FinanceNewsDrum•May 15, 2025•Norwest Venture Partners, IKF Finance
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Varthana Bags INR 75 Cr Debt Funding From OfBusiness, OxyzoInc42•Apr 17, 2025•Varthana, OfBusiness, Oxyzo, Ambium Finserve and 3 others
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Latham & Watkins Advises ICON in US$56 Million Series C Funding RoundLegal Desire•Feb 19, 2025•ICON, Norwest Venture Partners, Tiger Global Management, CAZ Investments and 6 others
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Red Fort Capital secures debt funding to push loan book growthVCCircle•Jun 21, 2023•Red Fort Capital, IKF Finance
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Accion, others invest Rs 250 crore in IKF FinanceMoneycontrol•Apr 04, 2023•Motilal Oswal, IKF Finance, Accion, and 1 other
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