HDFC Bank
HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013, India
Overview
HDFC Bank offers a wide range of personal banking services including savings and current accounts. HDFC Bank has made significant advancements in the banking industry, from offering a wide range of products to the sheer convenience of their delivery. It was named India's Most Valuable Brand for five years in a row by Kantar, a research firm affiliated with the WPP group. The goal of HDFC Bank is to become a premier Indian bank. The bank wants to be the provider of banking services for the target retail and wholesale customer segments. The second goal is to increase profitability steadily while remaining consistent with the bank's risk tolerance.
- Total investments
- 8
- Lead investments
- 1
- Investments · 12mo
- 2
- Active investors
- 9
Sector focus
- Banking
- Finance
- Financial Services
- Lending
Investment portfolio
- Sahamati
Participated · Equity · Apr 2026
Sahamati is a not-for-profit industry body based in Bengaluru that manages the RBI-regulated NBFC-Account Aggregator (AA) ecosystem, operating a data-sharing infrastructure between financial information providers (FIPs) and financial information users (FIUs). Its platform enables financial data to be used in credit underwriting, loan collection, customer assessment and fraud checks, and the organisation emphasizes consumer control of data. Sahamati reported total revenue of Rs 15 crore in FY25 and a net surplus of Rs 1.1 crore in filings with the ministry of corporate affairs. The organisation has attracted strategic investments from major banks, non-banking lenders, stockbrokers and fintechs, with investors taking stakes of roughly 2%–8%. Sahamati says the recent funding will be used to deepen ecosystem participation, strengthen technical and policy frameworks, and build institutional capacity to scale. The investments align with RBI plans for a self-regulatory organisation in the AA space and aim to move the platform toward collective ownership, governance, interoperability and standards.
- Newtrace
Led · Series A · Mar 2026
Founded in 2021 by Prasanta Sarkar and Rochan Sinha, Newtrace designs and manufactures Voltagen, a proprietary electrode technology for alkaline water electrolyzers used in green hydrogen production. The electrodes are intended as drop-in replacements, enabling electrolyzer manufacturers, green hydrogen project developers and industrial gas companies to boost efficiency, extend system lifetimes and lower hydrogen costs without redesigning existing systems. The company plans to use its latest funding to scale pilot manufacturing, validate its technology with customers and broaden both engineering and manufacturing capabilities. Newtrace targets initial commercial deliveries of Voltagen electrodes within the next 12 months. For the fiscal year ended March 2025, it recorded operating revenue of Rs 1.8 crore while losses widened 73 % to Rs 15.6 crore. The firm positions itself at the intersection of climate tech and industrial hardware, aiming to accelerate the global transition to green hydrogen.
- Cashinvoice
Participated · Series A · Feb 2024
Cashinvoice operates a digital invoice discounting marketplace that integrates with anchor companies, leverages validated invoices and risk assessment, and enables digital loan processing against invoices for lenders. Led by CEO Arun Poojari and co-founder Shrinivas Kasar, the company serves anchor corporates and their MSME partners. Its platform has been adopted by Indian corporates including Tata Motors, Bata, Bajaj Electricals, Oppo, Voltas, One Plus, Patanjali, Kalyan Jewellers and Paragon. Since its inception in Sept 2019, Cashinvoice has achieved breakeven and facilitated disbursement of over 15 lakh invoices totalling more than INR 15,000 Crore. The company plans to use new funds to expand operations, enhance presence in existing and newer markets, and develop new products. It aims to grow discounting throughput to Rs. 20,000 Cr and upscale its MSME base to 10,000 from the current 3,000 by FY25.
- Blackopal Group
Participated · Equity · Jan 2024
Blackopal Group, founded in 2020 by Prasoon Chauhan and Ishan Agarwal, operates in the real estate and prop‑fintech space and runs the B2B2C platform JustHomz. JustHomz was established last year and is the company’s core prop‑fintech product. The company raised $3M in growth capital in the latest round. Proceeds are intended to enhance JustHomz’s capabilities, expand services, and grow the team. Blackopal has set targets to onboard more than 100,000 customers and to facilitate $3–5M in loan disbursements through its app within the next 3–6 months.
- MintOak Innovations
Participated · Series A · Feb 2023
Mintoak offers a white-label payments and engagement operating system that enables banks to convert payment transactions into customer engagement and recurring revenue opportunities. The company partners with more than 50 banks across over 20 countries, including HDFC Bank, Axis Bank, SBI Payments, Emirates Islamic, and Absa Bank. Following its acquisition of ICC Loyalty, the combined platform serves over 5 million merchants and 11 million customers and processes more than $93 billion in annual payment volume. The integration aims to combine payments, merchant engagement, loyalty programs, and customer engagement into a single suite, expanding Mintoak’s product portfolio and international reach. Mintoak is backed by PayPal Ventures, and the company expects the combined business to generate over $30 million in annual revenue while maintaining an EBITDA margin above 30%.