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India Post Payments Bank Revenue and Competitors

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Location

N/A

Total Funding

Banking

Industry

Estimated Revenue & Valuation

  • India Post Payments Bank's estimated annual revenue is currently $407.2M per year.(i)
  • India Post Payments Bank's estimated revenue per employee is $294,000

Employee Data

  • India Post Payments Bank has 1385 Employees.(i)
  • India Post Payments Bank grew their employee count by 8% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$24.1M209-5%N/AN/A
#2
$50.4M3848%N/AN/A
#3
$79.5M5966%$400.7MN/A
#4
$6.4M68-36%N/AN/A
#5
$21.7M1886%N/AN/A
#6
$20.3M176-35%N/AN/A
#7
$76.9M58632%N/AN/A
#8
$10.2M9735%N/AN/A
#9
$0.1M7-59%$388MN/A
#10
$165.1M11233%N/AN/A
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What Is India Post Payments Bank?

India Post Payments Bank (IPPB) has been setup under the Department of Post, Ministry of Communication with 100% equity owned by Government of India. The fundamental mandate of IPPB is to become the most accessible, affordable and trusted bank for the common man in India, removing barriers for the unbanked and reducing opportunity cost to the underbanked, and in doing so, promote the adoption of cashless transactions in a predominantly cash economy. IPPB will create a platform which will bridge a critical gap in access to formal financial services in every part of our country, by leveraging the Department of Posts’ (DoP’s) unparalleled reach and visibility across India, through its 155,000 post offices and the trust that it enjoys among the common man. Ultimately, IPPB’s vision is to be the most accessible, affordable, and trusted bank for the common man.

keywords:N/A

N/A

Total Funding

1385

Number of Employees

$407.2M

Revenue (est)

8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$3.5M14012%N/A
#2
N/A140516%N/A
#3
N/A14448%N/A
#4
$141.6M14458%N/A
#5
$147.5M14537%N/A