SBI Card

IPO

SBI Credit Card Online - SBI Credit Card Services

Public · New Delhi, India · Founded 1998 · $240.0M raised

Headquarters
New Delhi
Employees
5001–10000
Founded
1998
Business Model
B2C
Total Funding
$240.0M
Last Round
$240.0M Growth EquityDec 2017
Rounds
1
Type
Public

About

SBI Card is India’s largest pure-play credit card issuer, providing value-added payment products and services to consumers and corporate users. Founded in 1998 by State Bank of India and GE Capital, it offers premium, travel, shopping, classic, co-branded, and corporate card programs. The publicly listed business reported around 22.2 million cards in force in April 2026.

Summary

SBI Card is a Fintech company based in New Delhi, India, founded in 1998. It has raised $240.0M in total across 1 round, most recently a $240.0M Growth Equity round in Dec 2017. Investors include HDFC Mutual Fund, The Carlyle Group and Government Pension Fund Global.

Tech & App Stack

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Funding History

IPOMar 2020
$370.0M

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Growth Equity through IPO — per-round amounts, valuations, and who invested in each round.

Investors

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