# HDFC Bank

> HDFC Bank is a VC fund backing Financial Services and Information Technology. See 61 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 61
- Last investment: Jun 2026
- Lead investor: 41%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/hdfc-bank
- X (Twitter): http://twitter.com/HDFC_Bank
- Website: http://www.hdfcbank.com/
- Facebook: http://www.facebook.com/HDFC.bank

HDFC Bank is a VC fund in Mumbai focused on Financial Services and Information Technology. HDFC Bank offers a wide range of personal banking services including savings and current accounts. HDFC Bank has made significant advancements in the banking industry, from offering a wide range of products to the sheer convenience of their delivery. It was named India's Most Valuable Brand for five years in a row by Kantar, a research firmaffiliated with the WPP group. The goal of HDFC Bank is to become a premier Indian bank. The bank wants to be the provider of banking services for the target retail and wholesale customer segments. The second goal is to increase profitability steadily while remaining consistent with the bank's risk tolerance.

## Contacts

5 contacts available for HDFC Bank. Shizune tracks 11 team members at HDFC Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/hdfc-bank?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 9 | 15% |
| Information Technology | 6 | 10% |
| Software | 5 | 8% |
| Banking | 4 | 7% |
| E-Commerce | 4 | 7% |

72 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 11 | 18% |
| Funding Round | 6 | 10% |
| Corporate Round | 5 | 8% |
| Series A | 3 | 5% |
| Series B | 3 | 5% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 28 | 46% |
| United States | 3 | 5% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| DEEPAK S. PAREKH | Sr. Sales Officer | 0 | https://shizune.co/investors/profile/deepak-s-parekh-512c |
| Rajeevan Kallumpuram | Vice President, Cyber Security | 0 | https://shizune.co/investors/profile/rajeevan-kallumpuram |
| Rana Sinha Ray | Head, Digital Transformation | 0 | https://shizune.co/investors/profile/rana-sinha-ray |
| Renu Karnad | Managing Director | 0 | https://shizune.co/investors/profile/renu-sud-karnad |
| Sanmoy Chakrabarti | EVP, Head - Market Risk, Middle Office, Operation Risk & Enterprise Risk Management | 0 | https://shizune.co/investors/profile/sanmoy-chakrabarti |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lenskart | Lenskart, the first of its kind online optical store in India, has made it possible to acquire a good quality pair of specs with prescription lenses for just Rs. 399. With a 48-hour free home delivery guarantee and 365 days return policy, Lenskart.com is doing what e-commerce hasn’t been able to do in India yet.The website has over 500 designs ofeye frames, in multiple colors, for all age groups, from Rs. 399 all the way to Rs. 4,000 for a pair. All one needs to do is select a frame, fill in their power, and place an order. You can pay online or at the time of delivery.Lenskart.com has the biggest collection of discounted contact lenses consisting of all top-notch brands (viz. Johnson & Johnson, Bausch & Lomb, Ciba Vision to name a few) and be it disposable, toric, colored, or bifocal contact lenses, you can find all possible types here. Lenskart is dedicated to providing its customers with a simple, hassle-free way to replace their contact lenses. One can receive the exact same contact lens, their doctor prescribed, delivered to their door, at a great price. | $300M | Post-IPO Secondary | Jun 03, 2026 |  |
| Simple Energy | Simple Energy specializes in the manufacture of smart electric two-wheelers. Simply Energy consists of a young 100+ member team of EV enthusiasts, designers, engineers, and problem-solvers coming together to make smart, supercharging, and affordable two-wheelers. The company was founded in 2019 and is based in Bangalore, India. | $12.9M | Debt Financing | Jun 01, 2026 |  |
| Sahamati Foundation | Sahamati is an industry alliance for the Account Aggregator Ecosystem. | $5.3M |  | Apr 28, 2026 |  |
| Newtrace | Newtrace develops novel electrolyzers for affordable green hydrogen production at scale. | $6.2M | Seed | Mar 10, 2026 |  |
| Agnikul | Agnikul is a space tech startup that designs, manufactures, tests, and launch orbital-class rockets for micro and nanosatellites. They currently work out of the National Center for Combustion R&D at IIT-Madras. Rocket scientists, engineers, ex-bankers and space lawyers are a part of their team. This unique blend of people is one of theirbiggest strengths. The company was founded in 2017 and is based in Chennai, Tamil Nadu. | $17M | Venture - Series Unknown | Nov 22, 2025 |  |
| Numaligarh Refinery | Numaligarh Refinery is an oil company that produces oil products and operates a 3 MMTPA refinery. The company's product range consists of LPG, Naphtha, Motor Spirit (MS), Aviation Turbine Fuel (ATF) Superior Kerosene Oil (SKO) High-Speed Diesel (HSD), Raw Petroleum Coke (RPC) Calcined Petroleum Coke (CPC), Sulphur, Wax, Nitrogen, MineralTurpentine Oil (MTO), Special Boiling Point Spirit (SBPS), and Liquid Sulphur. | $1.2B | Debt Financing | Nov 13, 2025 |  |
| Rapidise | Rapidise.io is the world’s first and only AI & Blockchain-enabled Talent & Technology as a Service (TTaaS) platform which accelerates a company’s product engineering by allowing users to quickly find, hire, and manage qualified talent and market-ready technology solutions from a single platform. Vision : Redefining product innovationsuccess with Talent & Technology on demand (TTaaS). Mission : Accelerating time to market with an expert workforce and a proven ready solution along with affordable cost. Brand Promise : Ensuring customer success by Accelerating Time to MarketCore Guiding Engineering Principle: Rapidise.io leverages cutting-edge AI, Blockchain, IoT and Web technologies to set up your Offshore Development Centers in seconds by offering technology and talent as a service model. Core Values :1. Delivering World-Class Talent 2. Crafting a Perfect Client Experience 3. Building Win-Win Relationships 4. Making Positive Contributions 5. Maintaining High Morals & Ethics 6. Process InnovationCore DNA : 1. Honesty 2. Accountability 3. Quality 4. Innovation 5. Professionalism Rapidise.io is the world’s first and only AI & Blockchain-enabled TTaaS platform which accelerates product engineering by providing you with global access to companies with qualified talent to lease, & market-ready technologies to sell.Rapidise.io allows you to log in and digitize the process of:1. Leasing Qualified Talent from an ISO & CMMI Audited Company, in the form of a single engineer, a dedicated team, or an entire offshore development center. 2. Purchasing Ready-made Technology Solutions, such as a SOM or SoC board for immediate integration into your engineering project. 3. Licensing Fully Developed IP’s, such as SDK’s, Technical Schematics, and SaaS frameworks for instant inclusion into your product development. 4. Setting Up an Onsite or Remote Ecosystem Service, such as an IoT R&D Lab, PCB Assembly, or Product Manufacturing as the next stepping stone towards your commercialization. | $14M | Debt Financing | Nov 09, 2025 |  |
| Basilic Fly Studio | Basilic Fly Studio contains VFX artists, tech evangelists, and producers.to create and support client needs well, on time. and this common passion leads to beautiful imageries; it makes clients see what needs to be envisioned in client's minds. | $9.6M | Post-IPO Equity | Sep 11, 2025 |  |
| CoRover | CoRover is a Conversational AI Chatbot Platform with proprietary cognitive AI technology. It is delivered as a Managed Service. Traction: 200 million+ users. 4 million+ DAU. 500,000 concurrent users.Contextually: Highest traction in India, 2.5x nearest competitor. CoRover’s top 3 competitive advantages are:1. Versatility: Multi-format -video, voice, text Omni-channel - Web, App, WhatsApp, IVR, SMS, Social Media Bots) and Multilingual - works with 12 vernacular & 100 foreign languages2. Tech Edge: Robust, Secure, Scalable Architecture (>500K concurrent users supported) Designed grounds up to be deployed on public / private clouds and on premise. 3. Turnaround Time: 10x quicker to deploy, thanks to ease of training with our proprietary patent pending CBML (ChatBot Markup Language) technology. Train the bot in English and make it available in any language with industry leading (>95%) accuracy. |  |  | Aug 19, 2025 |  |
| PNB Housing Finance | PNBHFL provides housing loans to individuals and corporate bodies for construction, purchase, repair and up-gradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots. | $320.5M | Post-IPO Secondary | May 02, 2025 |  |

10 of 61 investments shown.

## Co-investors
- [Axis Bank](https://shizune.co/investors/profile/axis-bank) — VC Fund, 13 deals together
- [ICICI Bank](https://shizune.co/investors/profile/icici-bank) — VC Fund, 11 deals together
- [State Bank of India](https://shizune.co/investors/profile/state-bank-of-india) — VC Fund, 7 deals together
- [Kotak Mahindra Bank](https://shizune.co/investors/profile/kotak-mahindra-bank) — VC Fund, 5 deals together
- [Goldman Sachs](https://shizune.co/investors/profile/goldman-sachs) — VC Fund, 4 deals together
- [Punjab National Bank](https://shizune.co/investors/profile/punjab-nationalbank) — VC Fund, 4 deals together

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## FAQ

### What does HDFC Bank invest in?

HDFC Bank invests primarily in Financial Services, Information Technology and Software startups, most often at Debt Financing and Funding Round stage. Most of the 61 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact HDFC Bank?

Public channels for HDFC Bank include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at HDFC Bank?

The team at HDFC Bank includes DEEPAK S. PAREKH (Sr. Sales Officer), Rajeevan Kallumpuram (Vice President, Cyber Security) and Rana Sinha Ray (Head, Digital Transformation), among 11 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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