Investments
45Portfolio Exits
3Funds
3Partners & Customers
10About HDFC Bank
HDFC Bank (NYSE: HDB) is a financial institution, providing a range of financial products and services throughout India using multiple distribution channels, including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. HDFC's principal business segments are retail banking, wholesale banking, and treasury operations. The company was founded in 1994 and is based in Mumbai, India.
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Research containing HDFC Bank
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CB Insights Intelligence Analysts have mentioned HDFC Bank in 1 CB Insights research brief, most recently on Sep 29, 2020.
Latest HDFC Bank News
Sep 21, 2023
iPhone 15 Pro Max Delivery Can Be Delayed Due To High Demand; Sale Starts On Sep 22 (Get Full Details) iPhone 15 Pro Max Delivery Can Be Delayed Due To High Demand; Sale Starts On Sep 22 (Get Full Details) Sep 21, 2023 Apple launched its iPhone 15 series comprising iPhone 15, iPhone 15 Pro, iPhone 15 Plus and iPhone 15 Pro Max last week. It is available for pre-order and will go on sale in India on September 22. However, deliveries may be delayed due to high demand for the top model, says Apple analyst Ming Chi Kuo. Huge demand for iPhone 15 Pro Max In India, on Apple’s website it states that an order for iPhone 15 Pro Max placed on September 17 would be delivered between November 3 and November 9. Delivery times also vary based on the color. The iPhone 15 Pro Max, in particular, is enjoying high demand from markets such as China, Japan and the United States. Kuo says that iPhone 15 Pro Max production challenges are “more pronounced” than others due to which some regions may be affected by the delays up to November. Supplies issues of model displays Some analysts have shared a similar view, saying that Apple faced hurdles in securing supplies of the displays used in the Pro Max model and was one of the reasons behind the long wait period. Those issues have, however, been resolved, said Nabila Popal, research director for worldwide tracker group, at IDC. “We expect Apple to get into full gear by the holiday season with shipments highly skewing towards the Pro Max model, which should give Apple a nice bump in its average-selling price”, Popal said. Waiting period in international markets The wait is slightly shorter for iPhone 15 Pro in China at two to three weeks. The high-end iPhone 15 Pro and Pro Max models were sold out on the Apple store on Alibaba’s Tmall marketplace within a minute of going on sale, Chinese local media reports said. In the United States, buyers will have to wait for six to seven weeks for the Pro Max, the most expensive model in the iPhone 15 line-up. The wait is five to six weeks for the model in Japan. Amazon offers and discounts The new iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max models are available at a starting price of Rs 79,900, Rs 89,900, Rs 1,34,900 and Rs 1,59,900 respectively. Amazon is offering an instant discount of Rs 6,000 on HDFC Bank cards on iPhone 15 Pro and iPhone 15 Pro Max. It is also offering a Rs 5,000 instant discount on HDFC Bank cards on iPhone 15 and iPhone 15 Plus Customers can also get up to Rs 67,800 exchange bonus on their old iPhone and Android models.
HDFC Bank Investments
45 Investments
HDFC Bank has made 45 investments. Their latest investment was in Digit Insurance as part of their Unattributed on April 4, 2023.
HDFC Bank Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/24/2023 | Unattributed | Digit Insurance | Yes | 2 | ||
2/21/2023 | Series A | Mintoak | $20M | No | 17 | |
1/24/2023 | Debt - II | Ecozen | $25M | Yes | 2 | |
1/12/2023 | Debt - II | |||||
12/14/2022 | Unattributed |
Date | 4/24/2023 | 2/21/2023 | 1/24/2023 | 1/12/2023 | 12/14/2022 |
|---|---|---|---|---|---|
Round | Unattributed | Series A | Debt - II | Debt - II | Unattributed |
Company | Digit Insurance | Mintoak | Ecozen | ||
Amount | $20M | $25M | |||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 2 | 17 | 2 |
HDFC Bank Portfolio Exits
3 Portfolio Exits
HDFC Bank has 3 portfolio exits. Their latest portfolio exit was smallcase on August 03, 2022.
HDFC Bank Acquisitions
1 Acquisition
HDFC Bank acquired 1 company. Their latest acquisition was HDFC on July 01, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/1/2023 | Other | Merger | 11 |
Date | 7/1/2023 |
|---|---|
Investment Stage | Other |
Companies | |
Valuation | |
Total Funding | |
Note | Merger |
Sources | 11 |
HDFC Bank Fund History
3 Fund Histories
HDFC Bank has 3 funds, including HDFC Bank Startup Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
11/6/2017 | HDFC Bank Startup Fund | $25M | 2 | ||
HDFC Property Fund | |||||
HDFC Startup Fund |
Closing Date | 11/6/2017 | ||
|---|---|---|---|
Fund | HDFC Bank Startup Fund | HDFC Property Fund | HDFC Startup Fund |
Fund Type | |||
Status | |||
Amount | $25M | ||
Sources | 2 |
HDFC Bank Partners & Customers
10 Partners and customers
HDFC Bank has 10 strategic partners and customers. HDFC Bank recently partnered with Idemia on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/11/2023 | Partner | France | India's Central Bank Explores New Features to Boost Digital Rupee Adoption The Reserve Bank of India is actively collaborating with financial institutions to introduce innovative features aimed at popularizing the Central Bank Digital Currency , Reuters reported . | 1 | |
8/28/2023 | Partner | India | HDFC Bank Rides On Premium Cards To Grab Market Share Over the last few months , HDFC Bank has entered into partnerships with several entities such as Swiggy , Retailio , IRCTC and more for co-branded credit cards to expand its presence in credit cards segment . | 1 | |
8/25/2023 | Partner | United States | HDFC Bank joins hands with Marriott Bonvoy® to launch India's first co-brand hotel credit card Mr. Parag Rao , Country Head -- Payment Business , Consumer Finance , Technology and Digital Banking , HDFC Bank commented , `` We are pleased to introduce India 's first co-branded hotel credit card in partnership with Marriott Bonvoy . | 1 | |
8/4/2023 | Partner | ||||
7/17/2023 | Partner |
Date | 9/11/2023 | 8/28/2023 | 8/25/2023 | 8/4/2023 | 7/17/2023 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | France | India | United States | ||
News Snippet | India's Central Bank Explores New Features to Boost Digital Rupee Adoption The Reserve Bank of India is actively collaborating with financial institutions to introduce innovative features aimed at popularizing the Central Bank Digital Currency , Reuters reported . | HDFC Bank Rides On Premium Cards To Grab Market Share Over the last few months , HDFC Bank has entered into partnerships with several entities such as Swiggy , Retailio , IRCTC and more for co-branded credit cards to expand its presence in credit cards segment . | HDFC Bank joins hands with Marriott Bonvoy® to launch India's first co-brand hotel credit card Mr. Parag Rao , Country Head -- Payment Business , Consumer Finance , Technology and Digital Banking , HDFC Bank commented , `` We are pleased to introduce India 's first co-branded hotel credit card in partnership with Marriott Bonvoy . | ||
Sources | 1 | 1 | 1 |
HDFC Bank Team
71 Team Members
HDFC Bank has 71 team members, including current Chief Executive Officer, Dnyanesh Khairnar.
Name | Work History | Title | Status |
|---|---|---|---|
Dnyanesh Khairnar | Chief Executive Officer | Current | |
Name | Dnyanesh Khairnar | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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