# Punjab National Bank

> Punjab National Bank is a VC fund backing Financial Services and Energy. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New Delhi, India
- Total investments: 6
- Last investment: Mar 2026
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/punjab-national-bank
- X (Twitter): https://www.twitter.com/indiapnb
- Website: https://www.pnbindia.in/
- Facebook: https://www.facebook.com/punjabnationalbankPNB

Punjab National Bank is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India.

## Contacts

5 contacts available for Punjab National Bank. Shizune tracks 2 team members at Punjab National Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/punjab-nationalbank?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 33% |
| Energy | 1 | 17% |
| Banking | 1 | 17% |
| Recycling | 1 | 17% |
| E-Commerce | 1 | 17% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 5 | 83% |
| Corporate Round | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dyal Singh Majithia | Founder | 0 | — |
| Lala Lajpat Rai | Founder | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Optimo Capital | Optimo Loan is committed to promoting financial inclusion in the small business community and having a positive social impact.Our financing solutions are designed to empower businesses, regardless of their size or background, to achieve their growth ambitions and drive economic progress. | $10.8M | Debt Financing | Mar 18, 2026 |  |
| 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 |  |
| Vertis Infrastructure Trust | Vertis Infrastructure Trust is an Infrastructure Investment Trust (InvIT) focused on the transportation sector. | $949.6M | Debt Financing | Feb 19, 2025 |  |
| GPS Renewables | Green Power seeks to solve the urban waste problem by utilising local technologies and business models. In India, 25% of the 75,000 tonnes of biodegradable waste produced comes from mass kitchens in tier I cities. This market, which is estimated at USD 3 bn, is the market that Green Power Systems focuses on. Green Power Systems has developed awaste-to-energy reactor called BioUrja (pending patent), a highly compact design producing 7 kg worth of LPG for every 100 kg bio-waste. Green Power Systems have also developed a GPS shredder, designed specifically for wet waste and GPS dewatering systems, separating solids from mixtures. | $49.2M | Debt Financing | Apr 16, 2024 |  |
| National Asset Reconstruction Company | NARCL has been incorporated under the Companies Act and has applied to Reserve Bank of India for license as an Asset Reconstruction Company (ARC). NARCL has been set up by banks to aggregate and consolidate stressed assets for their subsequent resolution. PSBs will maintain51% ownership inNARCL. NARCL is intended to resolve stressed loan assetsabove ₹500 crore each amounting to about ₹ 2 lakh crore. In phase I, fully provisioned assets of about Rs. 90,000 crores are expected to be transferred to NARCL, while the remaining assets with lower provisionswould be transferred in phase II | $196.6M | Corporate Round | Mar 25, 2022 |  |
| Patanjali Ayurved | Patanjaliayurved.net domain is owned by Patanjali Ayurved Limited incorporated in 2006 under Companies Act, 1956 with its registered office at D-26, Pushpanjali Bijwasan Enclave, New Delhi - 110061. Patanjaliayurved.net is the official online Patanjali store of Patanjali Ayurved Limited. Full range of best quality, trusted Patanjali products arenow just a click away from your door step. They are dedicated for best service, quality products, real time assistance. They present full product range of food, cosmetics, medicines, books, CD s, DVD s & Audio cassettes at best price.Patanjali Ayurved Limited produces quality Herbomineral preparations. To monitor quality, the Divya Yog Mandir Trust and Patanjali Yog Peeth grow many endangered herbs on its farmland. The principles of Good Manufacturing Practices (GMP) are rigorously followed in the plant and Company prides itself on being environment friendly. | $381.1M | Debt Financing | Nov 29, 2019 |  |

6 of 6 investments shown.

## Co-investors
- [HDFC Bank](https://shizune.co/investors/profile/hdfc-bank) — VC Fund, 4 deals together
- [ICICI Bank](https://shizune.co/investors/profile/icici-bank) — VC Fund, 4 deals together
- [State Bank of India](https://shizune.co/investors/profile/state-bank-of-india) — VC Fund, 4 deals together
- [Axis Bank](https://shizune.co/investors/profile/axis-bank) — VC Fund, 3 deals together
- Union Bank of India — VC Fund, 3 deals together
- Bank of Baroda — VC Fund, 1 deal together

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### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

## FAQ

### What does Punjab National Bank invest in?

Punjab National Bank invests primarily in Financial Services, Energy and Banking startups, most often at Debt Financing and Corporate Round stage. Most of the 6 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 Punjab National Bank?

Public channels for Punjab National 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 Punjab National Bank?

The team at Punjab National Bank includes Dyal Singh Majithia (Founder) and Lala Lajpat Rai (Founder). 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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