Shivalik Small Finance Bank raises Rs 100 Cr in equity investment co-led by Lightspeed and Sorin Investments
Amount Raised
₹1 Billion
Round Type
Seed
NoidaFinancial ServicesFinanceFintechLendingBankingInvestors
Description
Noida-based Shivalik Small Finance Bank has raised Rs 100 crore in equity co-led by global venture capital firm Lightspeed and Sanjay Nayar-founded Sorin Investments, with participation from existing investors Accel and Quona. The bank plans to use the funding to enhance its tech stack, strengthen its team, and further develop its product proposition to build a digital-first bank for small businesses and underserved segments.
Quick answer
Shivalik Small Finance Bank raised ₹1 Billion in a Seed round, dated June 18, 2024. Investors: Quona, Accel, Sorin Investments and Lightspeed. Shivalik Small Finance Bank is based in Noida, Uttar Pradesh, India.
- How much did Shivalik Small Finance Bank raise?
- Shivalik Small Finance Bank raised ₹1 Billion in a Seed round on June 18, 2024.
- Who invested in Shivalik Small Finance Bank?
- Quona, Accel, Sorin Investments and Lightspeed are named as investors in this round.
- What does Shivalik Small Finance Bank do?
- 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.
- Where is Shivalik Small Finance Bank based and how big is it?
- Shivalik Small Finance Bank is based in Noida, Uttar Pradesh, India.
- Who are the decision-makers at Shivalik Small Finance Bank?
- Fundz holds 1 contact at Shivalik Small Finance Bank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who to call at Shivalik Small Finance Bank, and when
A new round usually means Shivalik Small Finance Bank is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Shivalik Small Finance Bank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Shivalik Small Finance Bank, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Shivalik Small Finance Bank. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Shivalik Small Finance Bank raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Shivalik Small Finance Bank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.