SK Finance

About

SK Finance is a Jaipur-based vehicle and small and medium enterprise (SME) finance company.

Jaipur,Rajasthan,India
1001 - 5000
http://www.skfin.in/index.php

Highlights

Details

Last Funding Type: Series E
Last Funding Money Raised: ₹3.37B
Industries: Finance,Financial Services,Small and Medium Businesses
Founded date: Jan 1, 1994
Number Of Employee: 1001 - 5000
Operating Status: Active
Also Known As: Ess Kay Fincorp

SK Finance is a non-deposit accepting asset finance retail franchisee for the mid-market space. It caters to five product segments, including commercial vehicles, agricultural and construction equipment, passenger vehicles, two-wheelers, and small businesses.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

₹8.23B $107M

SK Finance has raised a total of ₹8.23B $107M in funding over 2 rounds. Their latest funding was raised on Dec 23, 2021 from a Series F round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 23, 2021	Series F	₹4B	1	IIFL Wealth Management	—	Detail
May 13, 2021	Series E	₹3.37B	4	TPG Growth	—	Detail
Mar 3, 2020	Debt Financing	₹860M	1	responsAbility	—	Detail
Nov 26, 2019	Private Equity（PE）	$33M	3	TPG	—	Detail
Jan 1, 2019	Private Equity（PE）	—	1	BanyanTree Finance Pvt. Ltd.	—	Detail

Investors

Number of Lead Investors

Number of Investors

9

SK Finance is funded by 9 investors. IIFL Wealth Management and TPG Growth are the most recent investors.

Investor Name	Lead Investor	Funding Round
IIFL Wealth Management	Yes	Series F
TPG Growth	Yes	Series E
responsAbility	Yes	Debt Financing
TPG	Yes	Private Equity（PE）
BanyanTree Finance Pvt. Ltd.	Yes	Private Equity（PE）
Baring Private Equity India	Yes	Series Unknown
Norwest Venture Partners	—	Series E
Evolvence India Fund	—	Series E
Rajendra K Setia	—	Series E