State Bank of India

Company

Investment-firm

Last deal

$750M

Amount

Post-IPO Debt

Stage

30.07.2024

Date

3

all rounds

$4.49B

Total amount

Financing round

General

About Company
SBI Life Insurance is a leading life insurance company in India, offering a wide range of products and services to individuals and groups.

Industry

Sector :

Subsector :

Also Known As

SBI

founded date

01.01.1955

Number of employees

Last funding type

Post-IPO Debt

IPO status

Private

Description

SBI Life Insurance, incorporated in 2000 and regulated by the Insurance Regulatory and Development Authority of India, serves millions of families in India with its diverse range of insurance solutions. The company prioritizes customer satisfaction, operating efficiency, and ethical standards. It is committed to enhancing digital experiences and has a strong presence across the country with numerous offices, employees, agents, and partners. SBI Life also focuses on providing a healthy work environment for its employees and actively contributes to society through various CSR activities. Listed on the Bombay Stock Exchange and the National Stock Exchange, the company has substantial authorized and paid-up capital and manages a significant amount of assets.
Contacts
Sub-Organizations
3
SBI (Mauritius)

SBI (Mauritius)

SBI (Mauritius) Ltd is a subsidiary of State Bank of India, providing banking and financial services.

Sector

Banks

Subsector

Banks

Keywords

Financial Services, Banking, Finance

Location

Ebène, Quatre Bornes, Mauritius
Bank SBI Indonesia

Bank SBI Indonesia

State Bank of India (SBI) is the largest shareholder of Bank SBI Indonesia and is India's largest financial banking corporation.

Sector

Banks

Subsector

Banks

Location

Central Jakarta, Central Jakarta City, Jakarta, Indonesia
SBI Mutual Fund

SBI Mutual Fund

SBI Funds Management Pvt. Ltd. is a leading investment management firm in India, with over 30 years of experience in fund management.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

Mumbai, Maharashtra, India

count Of Investments

27

count Of Exists

1
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Sector

Life Insurance

Subsector

Life Insurance

Location

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count Of Investments

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Ageas

Ageas

Ageas is an international insurance group that offers Life and Non-Life solutions to millions of Retail and Business customers.

Sector

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Subsector

Life Insurance

Keywords

Financial Services, Insurance, Banking

Location

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total rounds

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total raised

$777.17M

count Of Investments

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Intesa Sanpaolo Life Limited

Intesa Sanpaolo Life Limited

Intesa Sanpaolo Life offers insurance products and financial services in Dublin.

Sector

Life Insurance

Subsector

Life Insurance

Location

Dublin, Ireland
MetLife

MetLife

MetLife is a global insurance and financial services company that offers a wide range of products.

Sector

Life Insurance

Subsector

Life Insurance

Keywords

Insurance, Financial Services, Health Insurance

Location

New York, NY, USA

total rounds

1

total raised

$500M

count Of Investments

12

count Of Exists

5

Financials

Funding Rounds
8
3

Number of Funding Rounds

$4.49B

Money Raised

Their latest funding was raised on 30.07.2024. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
30.07.2024
$750M
10.07.2024
$1.2M
Local Amount - INR 100M
14.06.2024
$100M
Investments
36
Date 
name 
Lead 
type 
Raised 
06.05.2024
Yes
$85.54M
Local Amount - INR 7.14B
02.05.2024
No
$142.68M
Local Amount - INR 11.9B
UltraTech Cement Ltd

UltraTech Cement Ltd

UltraTech Cement Ltd. is the largest cement manufacturer in India.

Sector

Construction and Materials

Subsector

Cement

Location

Mumbai, Maharashtra, India

total rounds

1

total raised

$500M

count Of Investments

1
TCG Real Estate

TCG Real Estate

TCG Real Estate is a division of the Chatterjee Group that develops, funds, and invests in commercial real estate projects.

total rounds

1

total raised

$85.54M
Avaada Energy

Avaada Energy

Avaada is a leading renewable energy company in India.

Sector

Electricity

Subsector

Alternative Electricity

Location

New Delhi, Delhi, India

total rounds

9

total raised

$2.64B
Co-Investors
Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
SBI Global Factors acquired by State Bank of India

SBI Global Factors acquired by State Bank of India

acquirer

State Bank of India
State Bank of India

date

16.09.2022

type

Acquisition
SBI Global Factors

SBI Global Factors

SBI Global Factors Limited provides factoring and forfaiting services in India.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Keywords

Financial Services

Location

Mumbai, Maharashtra, India
Exits
3
Rivulis Irrigation

Rivulis Irrigation

Rivulis is a global micro and drip irrigation solutions innovator, providing accessible and sustainable technology for growers worldwide.

Sector

Industrial Engineering

Subsector

Agricultural Machinery

Keywords

Agriculture, Manufacturing

Location

Gvat, Israel

total rounds

1

total raised

$250M
Rashanadda

Rashanadda

Rashanadda is an on-demand grocery delivery service that connects consumers with local merchants.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Food Retailers and Wholesalers

Keywords

E-Commerce, Delivery Service, Software

Location

Raigarh, Chhattisgarh 496001, India

total rounds

2

total raised

$16.73K
KOTTED

KOTTED

The company manufactures color coated steel and aluminum coils and products.

Sector

Industrial Metals and Mining

Subsector

Iron and Steel

Keywords

Manufacturing, Industrial, Precious Metals

Location

Indore, Madhya Pradesh, India

total rounds

3

total raised

$2.5M

People

Employee Profiles
60
Nitin Chugh

Nitin Chugh

Deputy Managing Director and Head of Digital Banking

Jaspreet Singh

Vice president - strategic alliances

Arvind Murali

Human resources

Mamta Vats

Associate vice president - human resources

Subhasis Gupta

Chief manager - isg

Arundhati Bhattacharya

Arundhati Bhattacharya

probationary officer

Pruthvi Patil

Pruthvi Patil

Team Member

Mohan Harshey

Head of Domestic Treasury

Activity

Recent News
7
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week