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ICICI Bank

Asia, Maharashtra, India, Mumbai

Description

ICICI Bank is a private sector bank providing banking products and financial services.

Investor Profile

ICICI Bank has backed more than 11 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 18% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Series Unknown, Post Ipo Debt rounds (top funding stages).
  • Majority of deals are located in India, Canada.
  • Strong thematic focus on Financial Services, Internet, FinTech.
  • Led 1 rounds in the past year.

Stage Focus

  • Debt Financing (36%)
  • Series Unknown (36%)
  • Post Ipo Debt (18%)
  • Seed (9%)

Country Focus

  • India (91%)
  • Canada (9%)

Industry Focus

  • Financial Services
  • Internet
  • Fintech
  • Recycling
  • Waste Management
  • Application Performance Management
  • Cloud Computing
  • Cyber Security
  • Data Center
  • Data Center Automation
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does ICICI Bank frequently co-invest with?

Tata Capital
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Spark Capital
North America, California, United States, San Francisco
Co-Investments: 1
HDFC Bank
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
Punjab National Bank
Asia, Delhi, India, New Delhi
Co-Investments: 2
SIDBI
Asia, Tripura, India, Agartala
Co-Investments: 1
Northern Arc
Asia, Tamil Nadu, India, Chennai
Co-Investments: 1
State Bank of India
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
HSBC Bank
North America, Illinois, United States, Lake Forest
Co-Investments: 1
Kotak Mahindra Bank
Asia, Maharashtra, India, Mumbai
Co-Investments: 1
Citibank India
Asia, Maharashtra, India, Mumbai
Co-Investments: 1

What are some of recent deals done by ICICI Bank?

Avante Spaces

Pune, Maharashtra, India

Avante Spaces is a real estate development corporation that focuses on creative and sustainable commercial spaces.

Real Estate
Debt FinancingMar 30, 2026
Amount Raised: $121,371,070
Jindal Power

New Delhi, Delhi, India

Jindal Power is a power company in India across the energy spectrum thermal, hydro, and renewable.

EnergyPower GridRenewable Energy
Debt FinancingFeb 24, 2026
Amount Raised: $500,000,000
Padcare Labs

Pune, Maharashtra, India

Padcare Labs offers future of hygiene to make modern sanitation safer and recyclable for women.

Industrial EngineeringWaste ManagementWomen's
Debt FinancingFeb 10, 2026
Numaligarh Refinery

Golaghat, Assam, India

Numaligarh Refinery is an oil company that produces oil products and operates a 3 MMTPA and 9 MMTPA refinery.

EnergyIndustrialOil and Gas
Debt FinancingNov 13, 2025
Amount Raised: $1,240,000,000
Awfis Space Solution

New Delhi, Delhi, India

Awfis provides inspiring work spaces, including cabins, desks, and meeting rooms.

Commercial Real EstateCommunitiesCoworkingInternetReal Estate
Post Ipo DebtJun 2, 2025
Amount Raised: $9,366,679
Highways Infrastructure Trust

Mumbai, Maharashtra, India

Highways Infrastructure Trust is an Infrastructure Investment Trust (InvIT) focused on the transportation sector.

InfrastructureTransportation
Debt FinancingFeb 19, 2025
Amount Raised: $948,865,904
GPS Renewables

Bangalore, Karnataka, India

GPS Renewables is to solve the urban waste problem by utilising local technologies and business models.

RecyclingWaste Management
Debt FinancingApr 16, 2024
Amount Raised: $49,182,627
Mufin Green Finance

Delhi, Delhi, India

Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

Electric VehicleFinancial Services
Post Ipo DebtFeb 15, 2023
Amount Raised: $64,055,239
LEAD

Mumbai, Maharashtra, India

LEAD offers an edtech integrated school solution that provides quality education to students.

E-LearningEdTechEducationSecondary Education
Debt FinancingJan 11, 2023
Amount Raised: $19,600,144
ePaylater

Mumbai, Maharashtra, India

ePaylater gives customers the option to ‘buy now and pay later’ on online portals with just one click.

Customer ServiceE-CommerceFinancial ServicesFinTechInternetOnline PortalsPaymentsSoftware
SeedJul 26, 2018
Amount Raised: $1,268,456

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