When was SREI founded?

SREI was founded in 1989 and raised its 1st funding round 17 years after it was founded.

Where is SREI located?

SREI is headquartered in Kolkata, India. It is registered at VISHWAKARMA,86C,TOPSIA ROAD (SOUTH), KOLKATA, West Bengal, India, 700046.

Who is the current CEO of SREI?

Ratiranjan Mandal and Kamal Verma s of SREI.

Which legal entities is SREI associated with?

SREI is associated with SREI EQUIPMENT FINANCE LIMITED and 5 others.

How many employees does SREI have?

As of Aug 31, 2026, the latest employee count at SREI is 1725.

Is SREI a funded company?

SREI is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Sep 15, 2006.

When was the latest funding round of SREI?

SREI's latest funding was a $***** Conventional Debt round on Sep 28, 2016, with participation from 0 investor.

What is the annual revenue of SREI?

Annual revenue of SREI is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does SREI rank among its competitors?

SREI ranks 3rd amongst 129 active competitors, of which 6 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was CIFI, which secured $30M in Apr, 2026.

Who are the top competitors of SREI?

SREI's top competitors include IREDA, AIFL and Fullerton India. Among them, CIFI secured the most recent funding round in April, 2026.

SREI - 2026 Company Profile, Team, Funding, Competitors & Financials

SREI is an acquired company based in Kolkata (India), founded in 1989 by Hemant Kanoria. It operates as a Diversified conglomerates operates across multiple industries and infrastructure finance services. SREI has raised an undisclosed amount in funding. The company has 129 active competitors, including 6 funded and 23 that have exited. Its top competitors include companies like IREDA, AIFL and Fullerton India.

Company Details

Website: srei.com
Social
Email ID: *****@srei.com
Phone Number: +91 **********
Registered Address: VISHWAKARMA,86C,TOPSIA ROAD (SOUTH), KOLKATA, West Bengal, India, 700046

Key Metrics

Founded Year

1989

Location

Kolkata, India

Stage

Acquired

Latest Funding Round

Conventional Debt, Sep 28, 2016, $*****

Investors

FMO & 6 more

Ranked

3^rd among 129 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,725 as on Aug 31, 2026

Similar Companies

HUDCO & 61 more

Exit Details

Acquired by National Asset Reconstruction (Apr 07, 2023)

View SREI's full profile

SREI is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SREI MUTUAL FUND TRUST PRIVATE LIMITED CIN: U65990WB2009PTC139790 , India, Active	Nov 27, 2009	0 - ₹10 Cr (As on Mar 31, 2022)	-
SREI CAPITAL MARKETS LIMITED CIN: U67190WB1998PLC087155 , India, Active	May 19, 1998	0 - ₹10 Cr (As on Mar 31, 2022)	2 (As on Dec 31, 2024)
SREI INSURANCE BROKING PRIVATE LIMITED CIN: U67120WB2002PTC095019 , India, Active	Aug 16, 2002	0 - ₹10 Cr (As on Mar 31, 2025)	36 (As on Dec 31, 2024)
SREI ASSET LEASING LIMITED CIN: U65999WB2014PLC202301 , India, Active	Jun 30, 2014	0 - ₹10 Cr (As on Mar 31, 2024)	-
SREI EQUIPMENT FINANCE LIMITED CIN: U70101WB2006PLC109898 , India, Active	Jun 13, 2006	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	157 (As on Mar 01, 2026)
Srei Infrastructure Finance Limited CIN: U29219WB1985PLC055352 , India, Active	Mar 29, 1985	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	161 (As on Mar 01, 2026)

SREI got acquired by National Asset Reconstruction on Apr 07, 2023.

Click here to take a look at SREI's acquisition in detail

SREI has raised funding over 6 rounds. Its first funding round was on Sep 15, 2006. SREI has 7 institutional investors.

Here is the list of recent funding rounds of SREI:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2016	3974278	Conventional Debt	6330082	3920689	1961121	3897302
Sep 15, 2016	2280080	Conventional Debt	9459951	6844288	1130252	FMO & 2 more
Sep 14, 2016	6913929	Post IPO	7950500	1097298	9030390	Standard Chartered Investments and Loans

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View details of SREI's funding rounds and investors

The founders of SREI is Hemant Kanoria. Hardayal Prasad is the CEO of SREI.

Here are the details of SREI's key team members:

Hemant Kanoria: Co-Founder of SREI.
Ratiranjan Mandal: CEO of SREI.
Kamal Verma: CEO of SREI.

View details of SREI's Founder profiles and Board Members

SREI's employee count trend

SREI has 1,725 employees as of Aug 26. Here is SREI's employee count trend over the years:

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Top competitors of SREI include IREDA, AIFL and Fullerton India. Here is the list of Top 10 competitors of SREI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IREDA 1987, Delhi (India), Public	Non-banking financial institution engaged in promoting, developing and extending financial assistance for renewable energy projects	-	-	67/100
2nd	AIFL 2020, Mumbai (India), Acquired	Provider of financial services for renewable energy and infrastructure projects	$42M	Sumitomo Mitsui Banking Corporation, NIIF	62/100
3rd	SREI 1989, Kolkata (India), Acquired	Diversified conglomerates operates across multiple industries and infrastructure finance services	-	FMO, BNP Paribas Fortis & 5 others	62/100
4th	Fullerton India 2007, Mumbai (India), Acquired	Provider of real estate financing services	-	IFC, Sumitomo Mitsui Financial Group	60/100
5th	HUDCO 1970, Delhi (India), Public	Provider of government programs access & development services	-	-	59/100
6th	IFCI 1948, Delhi (India), Public	Infrastructure financing firm	-	Shinsei Bank, Blackstone & 1 others	49/100
7th	CIFI 2001, Panama City (Panama), Series A	Infrastructure financing firm	-	Finnfund, Cordiant Capital & 11 others	48/100
8th	PTC India Financial 2006, Delhi (India), Public	Online platform for financial services focused on infrastructure and power	$39.5M	SBI, Goldman Sachs & 3 others	48/100
9th	L&T IDPL 2001, Chennai (India), Acquired	Developers of real estate and transmission infrastructure	$873M	CPP Investments, J P Morgan & 7 others	48/100
10th	IIF 2010, Jakarta (Indonesia), Funding Raised	Provider of infrastructure financing and advisory services	-	Bank Mandiri, PT SMI	45/100