When was IndusInd Bank founded?

IndusInd Bank was founded in 1994 and raised its 1st funding round 21 years after it was founded.

Where is IndusInd Bank located?

IndusInd Bank is headquartered in Pune, India. It is registered at 2401 GEN THIMMAYYA ROAD CONTONMENT, PUNE, Maharashtra, India, 411001.

Who is the current CEO of IndusInd Bank?

Rajiv Anand of IndusInd Bank. They are also angel investors in 2 startups.

Which legal entities is IndusInd Bank associated with?

IndusInd Bank is associated with INDUSIND BANK LTD. and 2 others.

How many employees does IndusInd Bank have?

As of Aug 31, 2025, the latest employee count at IndusInd Bank is 12323.

Is IndusInd Bank a funded company?

IndusInd Bank is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jun 2015.

When was the latest funding round of IndusInd Bank?

IndusInd Bank's latest funding was a $***** Post IPO round on Sep 04, 2020, with participation from 0 investor.

What is the annual revenue of IndusInd Bank?

Annual revenue of IndusInd Bank is more than ₹1,000 Cr as on Mar 31, 2024

Where does IndusInd Bank rank among its competitors?

IndusInd Bank ranks 14th amongst 267 active competitors, none of which are funded.

Who are the top competitors of IndusInd Bank?

IndusInd Bank's top competitors include Bank of America, IDBI Bank and Federal Bank. Among them, Jana Small Finance Bank secured the most recent funding round in December, 2025.

IndusInd Bank - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of personal and business banking products and services. It other services include debit & credit cards, savings & current accounts, video KYC, microfinance, personal & commercial vehicle loans, credit cards, and SME loans. In 2022, the company recorded annual revenues of $5.54B and a net profit of $0.93B

Website: indusind.com
Social
Email ID: *****@indusind.com
Phone Number: +91 **********
Registered Address: 2401 GEN THIMMAYYA ROAD CONTONMENT, PUNE, Maharashtra, India, 411001

Key Metrics

Founded Year

1994

Location

Pune, India

Stage

Public

Latest Funding Round

Post IPO, Sep 04, 2020, $*****

Investors

Life Insurance Corporation of India & 6 more

Ranked

14^th among 267 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2024

Employee Count

12,323 as on Aug 31, 2025

Investment & Acquisitions

Hero Realty & 22 more

Similar Companies

Standard Chartered & 20420 more

Exit Details

Public

View IndusInd Bank's full profile

IndusInd Bank is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
INDUSIND MARKETING AND FINANCIAL SERVICES PRIVATE LIMITED CIN: U67190TN2002PTC048590 , India, Active	Mar 11, 2002	₹100 - ₹500 Cr (As on Mar 31, 2025)	10857 (As on May 31, 2026)
GOBINDAJEE BUILDPROP PRIVATE LIMITED CIN: U45200DL2009PTC197070 , India, Active	Dec 17, 2009	0 - ₹10 Cr (As on Mar 31, 2026)	100 (As on Aug 31, 2025)
INDUSIND BANK LTD. CIN: L65191PN1994PLC076333 , India, Active	Jan 31, 1994	₹1,000+ Cr (As on Mar 31, 2024)	84 (As on May 31, 2026)

IndusInd Bank got listed on Jan 15, 1998.

Click here to take a look at IndusInd Bank's IPO in detail

IndusInd Bank has raised funding over 2 rounds. Its first funding round was on Jun 2015. IndusInd Bank has 7 institutional investors.

Here is the list of recent funding rounds of IndusInd Bank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2020	4996078	Post IPO	7502804	6583677	4235925	6407420
Jun 2015	8135166	Post IPO	9858964	3299361	8907081	8396274

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View details of IndusInd Bank's funding rounds and investors

The founders of IndusInd Bank are Srichand Parmanand Hinduja, Sachin Desale, Davesh Porwal, Shubham Lande, Mohamad Ansari, Kushal Ingle and Mohd Sarwar. Rajiv Anand is the CEO of IndusInd Bank.

Here are the details of IndusInd Bank's key team members:

Srichand Parmanand Hinduja: Former Founder of IndusInd Bank.
Contact Info: 1 email address
Sachin Desale: Business Owner of IndusInd Bank.
Contact Info: 1 email address
Davesh Porwal: Co-Founder of IndusInd Bank.
Shubham Lande: Business Owner of IndusInd Bank.
Contact Info: 1 email address
Mohamad Ansari: Business Owner of IndusInd Bank.
Contact Info: 1 email address

IndusInd Bank's Board of Directors

IndusInd Bank's board has 2 active members. Rakesh Bhatia and Venkata Prabhakar Lingam are independent board members.

Here is the list of IndusInd Bank's board of directors:

Name	Type	Representing	Status	Duration
Rakesh Bhatia	Independent board member	-	Current	2y 5m
laa{ysl	Independent board member	-	Current	6y 5m

View details of IndusInd Bank's Founder profiles and Board Members

IndusInd Bank's employee count trend

IndusInd Bank has 12,323 employees as of Aug 25. The total employee count is 5.0% lower than what it was in Aug 24. Here is IndusInd Bank's employee count trend over the years:

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Top competitors of IndusInd Bank include Bank of America, IDBI Bank and Federal Bank. Here is the list of Top 10 competitors of IndusInd Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bank of America 1998, Charlotte (United States), Public	Commercial bank and asset management firm	-	Berkshire Hathaway, Black Capital Investments ... & 5 others	76/100
2nd	IDBI Bank 1964, Mumbai (India), Acquired	Bank focused on providing home, auto, education & property loans	-	SBI, Indian Bank & 5 others	74/100
3rd	Federal Bank 1931, Kochi (India), Public	Private sector bank	-	Life Insurance Corporation of India, India Capital Growth ... & 4 others	72/100
4th	SVB 1983, Santa Clara (United States), Acquired	Provider of services to the innovation economy, including individuals, investors, and innovative companies	-	Tigerlabs, Madica	71/100
5th	Citi 1812, New York City (United States), Public	Commercial bank	-	ngn-capital.com, British International Investment ... & 3 others	71/100
6th	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
7th	Jana Small Finance Bank 2006, Bengaluru (India), Public	Provider of banking services including savings accounts loans and deposits	$811M	TPG, Bajaj Allianz & 86 others	70/100
8th	ICICI Bank 1994, Mumbai (India), Public	Commercial bank	-	Nepean Capital, WestBridge Capital & 10 others	70/100
9th	Axis Bank 1994, Mumbai (India), Funding Raised	Provider of personal and corporate banking services including savings accounts, loans, credit cards, and investment products	-	Nepean Capital, WestBridge Capital & 5 others	69/100
10th	HDFC Bank 1994, Mumbai (India), Public	Digital bank offering wide range of personal and net banking services, including accounts, deposits, cards, loans, and investments	-	Nepean Capital, WestBridge Capital & 8 others	69/100
14th	IndusInd Bank 1994, Pune (India), Public	Provider of personal and business banking products and services	-	Life Insurance Corporation of India, India Capital Growth ... & 5 others	67/100

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IndusInd Bank has made 21 investments in companies including Hero Realty and Sheth Realty. IndusInd Bank has also acquired 2 companies including Bharat Financial Inclusion and IL & FS Securities & Services.

Here is the list of investments & acquisitions:

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