- No. of Employees705
- Founded Year 1984
- Company StagePublic Limited Company
- Total Funding₹5,263.71 Cr
- Industry
- Headquarter
- Company StatusListed
Despite the numerous advancements that India has achieved over the last few decades and the significant strides that we as a country have made in the domain of financial services, a large portion of our country is still un-banked/ under-banked.
Five Star passionately believe in the fact that “un-banked” does not necessarily mean “un-bankable”. In a country as large and as diverse as ours, it take efforts to access, understand and extend appropriate and responsible credit services to this segment. Over the last two decades, Five Star have been working as a specialized financial services company in addressing the needs of this segment, funding the people who were perceived to be unfundable.The businesses that they work with can be touched and felt in our everyday lives and are businesses that create real impact on the ground. Their customers include all the way from small Shop owners, flower vendors, maids, masons to small and medium enterprises that form the backbone of India’s economy.
Five Star is registered Non Banking Finance Company (NBFC-ND-SI) with the Reserve Bank of India (RBI).
Five Star offers small business loans and small mortgage loans with a focus on micro-entrepreneurs and self-employed individuals. These secured loans are provided to eligible borrowers for their business expansion, new ventures, family needs like education and medical emergencies, and asset creation. Loan amounts range from Rs 1 lakh to Rs 10 lakhs.
- TPG, Sequoia Capital, Norwest Venture Partners, Matrix Partners
Note:
The valuation mentioned above is the market capitalization of the company as on Nov 18, 2024.