Key Metrics
  • No. of Employees279
  • Founded Year 2009
  • Company StagePrivate Limited Company
  • Total Funding₹296.7 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About SAVE Solutions

Save Solutions Pvt. Ltd. , a banking business correspondent (BC) platform, is a profitable, fast growing enterprise with a network of around 12,000 + Customer Service Points across 28 states & 3 UTs, catering to a customer base of 14+ million, thus functioning as an extended arm for its banking partners.

Having embarked upon its journey in 2009, SAVE has successfully established its banking BC business with a transaction value of 41,000 crores in FY21. Leveraging its deeply penetrated network, SAVE has forayed into lending the unserved and underserved population through its four privately held subsidiaries NBFC- MSME, NBFC- MFI, NBFC- HFC, and Asset Side BC.

Business Model

Save Solutions is a Business Correspondent Network which has established 10000 kiosks run by local entrepreneurs for facilitating basic banking services) in 28 states. It trains kiosk personnel with computer skills, cash management system and service delivery.

Top Competitors
CF
Credit FairU65999MH2018PTC308921
KR
KreditbeeU74900KA2016PTC086953
RS
Roinet SolutionU72200DL2012PTC230207
FI
FinancepeerU74999MH2017PTC301676
SAVE Solutions Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹296.7 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors2
Investors
  • Maj Invest, Incofin Investment Management
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
SAVE Solutions Financial Details
Financial Highlights
FY 2023-24 Revenue₹550.92 Cr
FY 2023-24 Expenses₹564.06 Cr
FY 2023-24 Profit/Loss-₹9.86 Cr
Net Cash Flow From Operations₹298.14 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
SAVE Solutions Key People
People Metrics
Current Core Team1
Board Members/Directors6

Core Team

AK
Ajeet Kumar SinghFounder & CEO

Board Members/Directors

PK
Pankaj KumarDirector
AK
Ajeet Kumar SinghDirector
KK
Krishna Kumar TiwaryDirector
AK
Ajay Kumar SinhaDirector
SC
Siva Chidambaram Vadivel AlaganNominee Director
AB
Aditya BhandariNominee Director
SAVE Solutions Documents

AY - 2018-19

Profit and Loss statement - SAVE Solutions - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of SAVE Solutions for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - SAVE Solutions - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of SAVE Solutions for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - SAVE Solutions - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of SAVE Solutions for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - SAVE Solutions - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of SAVE Solutions for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - SAVE Solutions - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of SAVE Solutions for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - SAVE Solutions - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of SAVE Solutions for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - SAVE Solutions - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of SAVE Solutions for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - SAVE Solutions - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of SAVE Solutions for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - SAVE Solutions - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of SAVE Solutions for FY 2022-23
₹249.00 ₹498.00
Balance sheet - SAVE Solutions - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of SAVE Solutions for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - SAVE Solutions - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of SAVE Solutions for FY 2023-24
₹249.00 ₹498.00
Balance sheet - SAVE Solutions - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of SAVE Solutions for FY 2023-24
₹249.00 ₹498.00

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