RBL Bank

RBL Bank is a rapidly growing scheduled commercial bank in India, established in 1943. Since a management overhaul in 2010, the bank has pursued an aggressive growth strategy focused on strong governance, technology infrastructure, and geographic expansion. Over the past two years, RBL Bank has raised significant capital, enhancing its Tier 1 capital base considerably. The bank operates through five main segments: Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking, and Financial Markets. Its services include lending, deposits, credit cards, and various financial market activities. With a customer base exceeding 500,000 and a total business size of over Rs. 14,500 Crore, RBL Bank has established a network of 180 branches and 374 ATMs across 13 Indian states, reflecting its commitment to expanding its reach and improving customer service in the competitive banking sector.

Babgonda Bhujgonda Patil

Co-Founder

5 past transactions

Stanza Living

Debt Financing in 2022
Stanza Living is a high-quality, shared living concept which is seeking to disrupt the multi-billion-dollar student housing and co-living market in India by putting the new-age migrant consumer at the heart of the product and service design, development, and execution. At 55,000 beds under management, across 14 cities, it is India's largest shared living company. As a full-stack, end-to-end managed, tech-enabled operator, Stanza Living is focused on delivering a hassle-free daily living experience to consumers. The company is backed by global investors like Equity International, Falcon Edge Capital, Sequoia India, Matrix, Accel Partners, and Alteria Capital. Stanza Living was founded in 2017 and is headquartered in New Delhi, India.

WayCool

Debt Financing in 2020
WayCool Foods & Products Pvt. Ltd. is an agri-tech company based in Chennai, India, specializing in the procurement, processing, and distribution of fresh produce, dairy products, and grocery staples. Founded in 2015, the company sources fruits and vegetables from smallholder farmers and aggregators, facilitating direct links between farmers and consumers. WayCool employs innovative technology to enhance logistics and food safety, ensuring the quality of its products. It operates a diverse distribution network that includes retail stores under the brand SunnyBee, mobile stores on trucks, and e-commerce platforms, primarily serving the Chennai area. Additionally, WayCool designs and manages storage facilities and cold chain distribution operations, aiming to increase farmers' incomes while providing fresh produce to local shops, restaurants, and catering establishments. The company's vision focuses on becoming a leading food development and distribution entity in India, positively impacting the agricultural community.

Swadhaar FinServe

Acquisition in 2017
RBL FinServe Ltd. is a financial service provider based in Mumbai, India, that focuses on delivering loans and savings products to low-income households and micro-entrepreneurs. The company offers a range of financial solutions, including loans for micro and small enterprises, basic saving bank deposit accounts, and credit-linked life insurance. By addressing the needs of underserved communities, RBL FinServe aims to empower economically active individuals in urban areas, particularly in cities like Mumbai, which has a significant population of urban poor. Originally established as Swadhaar FinServe Pvt. Ltd. in 2005, the company rebranded to its current name and operates as a subsidiary of RBL Bank Limited. Through its innovative approach to microcredit, RBL FinServe seeks to create a new lending methodology that can be applied to other major cities in India.

Utkarsh Micro Finance

Venture Round in 2016
Utkarsh Micro Finance Private Limited is registered with Reserve Bank of India as Non Banking Finance Company (NBFC). Its registered office and corporate office is in Varanasi (Uttar Pradesh). It is started to provide financial and non financial services in its area of operations to the unbanked population who have the skill but are in need of capital. Initially it has started with credit and insurance, but eventually it will also undertake other activities to bring transformation in the lives of underprivileged.

Claro Energy

Debt Financing in 2015
Claro Energy operates in high-power deficit, diesel dependent, agrarian, and poor economic regions of India. We use solar energy for developing mass irrigation solutions & generate power at point of use. According to the United Nations 2014 report, "Even if the UN Millennium Development Goal of halving the population without access to drinking water and sanitation by 2015 is achieved, 244 million people in rural India will still remain without access to sustainable water supply"​ Innovative thinking can result not only in preventing the crisis, but also in enhancing economic development and improving living standards at large. At Claro, we believe that an improvement in water productivity and food security can be done through revitalizing irrigation technology, practices and institutions.
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