AU SMALL FINANCE BANK
The dream started three decades ago by Mr. Sanjay Agarwal, a merit holder Chartered Accountant and a first generation entrepreneur, along with his proficient team. Together, the dexterous team embarked on a journey of excellence while enriching lives along the way. What started off as a dream to be one of the fastest growing Bank's, AU Small Finance Bank is now on its way to transition to a Universal Bank. Throughout our journey we have focused on solutions, completely based on our customers’ needs. As we grow, we continue to be farsighted, aligning the interest of our community at large.
Overview
AU Small Finance Bank is a non-banking finance company that provides a variety of financial products to customers in Rajasthan. It offers commercial vehicle loans, car loans, and loans against properties. Additionally, the bank provides financing for small and medium enterprises, as well as loans for buying and selling used vehicles. AU Small Finance Bank also offers insurance brokerage services. The company has established strategic partnerships primarily with HDFC, IDBI, and the Central Bank of India.
Tech Stack
Funding History
Private Equity Round
$22.0M
Feb 2013
Debt Financing
$20.0M
Mar 2013
Venture Round
$21.0M
Apr 2014
Private Equity Round
Undisclosed
Dec 2014
Debt Financing
$42.4M
Mar 2017
Post Ipo Equity
$74.3M
Dec 2019
Post Ipo Equity
Undisclosed
May 2020
Motilal Oswal Private Equity
Post Ipo Equity
$86.3M
Mar 2021
Post Ipo Equity
$251.3M
Aug 2022
ICICI Prudential Life Insurance, Smallcap World Fund, DSP Tax Saver Fund +4
Post Ipo Debt
$90.0M
Mar 2025
HDFC Bank, Nippon India Mutual Fund