Shivalik Small Finance Bank Raises Rs 100 Crore From Investors Led By SMBC Asia Rising Fund-Japan

Shivalik Small Finance Bank Raises Rs 100 Crore From Investors Led By SMBC Asia Rising Fund-Japan

Shivalik Small Finance Bank on Thursday said it has raised Rs 100 crore in equity capital from a clutch of investors led by SMBC Asia Rising Fund- Japan, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation.Besides, the bank's existing investors, Accel, Quona Capital, Lightspeed, and Sorin Investments, also participated in this funding round. 'This fresh infusion of capital marks a significant milestone in Shivalik's journey …

Shivalik Small Finance Bank Raises INR 100 Crore in Equity Funding Led By SMBC Asia Rising Fund

14 August 2025, New Delhi: Shivalik Small Finance Bank (SSFB), India’s first Small Finance Bank to transition from an urban cooperative bank, today announced that it has successfully raised INR 100 Crore in equity capital. The funding round was led by SMBC Asia Rising Fund- Japan, the corporate venture capital arm of Sumitomo Mitsui Banking Corporation (SMBC), with additional participation from the bank’s existing investors, Accel, Quona Capital…