Belstar Investment and Finance Private Limited

lendingmicrofinance

STATUS: Acquired/Merged
FOUNDING YEAR: 1988
LOCATION: India
Last Update: 23/02/2021

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About

Belstar Investment and Finance Private Limited is a highly developmental and socially oriented NBFC-MFI working closely with Hand-in-Hand India (HiH) in achieving its vision of alleviating poverty through job creation and integrated community development. Belstar has integrated community development. Belstar Investment & Finance Private Limited has overall 94 branches in the state of Tamil Nadu , Karnataka, Madhya Pradesh, Maharashtra and in Union Territory of Puducherry . Our primary products are loans used for creating micro-enterprises. Currently we have 207963 active members. The delivery Channels are both through SHG and JLG

MEDICI Analysis

Belstar Investment is a Chennai based NBFC-MFI with gross loan portfolio of Rs. 124 crore as on 31st March 2014. It primarily offers loans in Tamil Nadu for creation of micro-enterprises.

Focus

PRODUCTS & SERVICES

Collateral-free loans for Self-help groups, Joint liability group. Loan products for - housing development, education, manufacturing, agriculture and other businesses. They provide loans targeted at rural households for social empowerment.

REVENUE MODEL

Company earns revenue by charging from (1% to 2%) of processing fee of total loan amount. The fees varied on the type of loans

MAIN CLIENTS

Major clients are from the under-developed areas of Tamil Nadu

Maharashtra

Karnataka

Madhya Pradesh and Union Territory of Puducherry.

EXISTING PARTNERSHIPS

They partner with multiple banks to provide financing services. Some of their bank partners are SBI

Andhra Bank,Canara Bank

Indian Overseas Bank

Reliance Capital Limited

Ananya finance

MAS Financial

South India Bank,SIDBI

Nabkisan Finance

Mudra Ltd

Rabobank International

Oikocredit.

COMMENT

Belstar Investment & Finance provide micro financing services for underprivileged people to facilitate new business opportunities.

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

6

TOTAL FUNDING

$67.36 M

DATE OF LAST FUNDING

Sep 2018

IPO STATUS

Private

SEED & PRIOR FUNDING

$1.2 M

SEED CLOSED ON

Nov 2009

FUNDING SERIES

SERIES A  · $4.23 M  · Dec 2013

SERIES B  · $5.93 M  · Jul 2016

SERIES C  · $28 M  · Sep 2018

OTHERS  · $28 M · Sep 2018

DEBT FUNDING

$79.09 M

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

Muthoot Finance

ANNOUNCED DATE

May 2016

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

3,601

AVERAGE VISITS (6 MONTHS)

16,144.6

MONTHLY VISITS GROWTH

-39.81%

VISIT DURATION

134

VISIT DURATION GROWTH

-38.18%

PAGE VIEWS VISIT

1.95

PAGE VIEWS VISIT GROWTH

-17.78%

BOUNCE RATE

49.04%

BOUNCE RATE GROWTH

-23.15%

GLOBAL TRAFFIC RANK

2,999,043

MONTHLY RANK CHANGE

168,854

MONTHLY RANK GROWTH

5.97%

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