Shivalik Small Finance Bank

formerly Shivalik

India's first urban co-op bank to become a Small Finance Bank

Noida, India · Founded 1998 · $48.8M raised

Headquarters
Noida
Employees
501–1000
Founded
1998
Business Model
B2C
Total Funding
$48.8M
Last Round
$12.0M Venture RoundMay 2025
Rounds
5

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Shivalik became the first Small Finance Bank in India to transition from an Urban Co-operative bank namely Shivalik Mercantile Co-operative Bank (SMCB). With over 25 years of banking experience in offering retail banking products and services Shivalik has been technology focussed since inception with consumer centricity as a key guiding principle. The Bank is powered by Infosys Finacle Core Banking and Digital Banking Suite including internet and mobile banking.

Summary

Shivalik Small Finance Bank is a Fintech company based in Noida, India, founded in 1998. It has raised $48.8M in total across 5 rounds, most recently a $12.0M Venture Round in May 2025. Investors include Accel, Quona Capital and SMBC Asia Rising Fund.

Tech & App Stack

3 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Venture RoundVenture RoundMay 2025
$12.0M

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Funding: Venture Round. Amounts, valuations, and investors where available.

Investors

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