What Does Janalakshmi Financial Services Do?

Total employees2841
HeadquartersBengaluru
Founded2008

Janalakshmi Financial Services (JFS) was a prominent non-banking financial company (NBFC-MFI) in India, dedicated to providing financial services to the urban underserved. Founded with the mission of financial inclusion, JFS focused on empowering low-income households and micro-entrepreneurs through microloans, savings products, and insurance. It played a significant role in the Indian microfinance sector, known for its customer-centric approach and innovative use of technology. In 2015, JFS received an in-principle approval from the Reserve Bank of India (RBI) to set up a Small Finance Bank, and subsequently commenced banking operations as Jana Small Finance Bank in March 2018. This transformation allowed it to offer a wider range of banking products and services to its target segment, continuing its legacy under a new banking structure.

Where Is Janalakshmi Financial Services's Headquarters?

HQ Function

The headquarters served as the central hub for strategic decision-making, operations management, policy formulation, and overseeing the company's pan-India network of branches that provided microfinance services before its banking transformation.

Notable Features:

Located in a modern business park, reflecting its professional standing. The headquarters likely facilitated cross-functional collaboration and innovation, essential for its mission of financial inclusion and scaling operations.

Work Culture:

JFS cultivated a mission-driven work culture centered on social impact and financial empowerment for the underserved. Employees were typically motivated by the opportunity to contribute to meaningful change, emphasizing ethical practices, customer empathy, and community engagement.

HQ Significance:

The Bengaluru headquarters was pivotal as it anchored JFS's operations in a key Indian economic and technological center. This allowed access to skilled talent, a robust financial ecosystem, and technological advancements, supporting its growth and eventual transition into Jana Small Finance Bank.

Values Reflected in HQ: The choice of a professional and accessible headquarters in Bengaluru underscored JFS's commitment to credibility, operational excellence, and its ambition to be a leading, trustworthy financial partner for the urban poor.

Location:

Janalakshmi Financial Services primarily focused its operations within India, serving the domestic market. As a microfinance institution and later transforming into Jana Small Finance Bank, its core mission was centered on financial inclusion for the underserved population across various states in India. There is no public record of JFS having significant international offices or direct global operations for providing financial services abroad.

Street Address:

The Fairway Business Park, Survey No.10/1, 11/2 & 12/2B, Domlur, Koramangala Inner Ring Road

City:

Bengaluru

State/Province:

Karnataka

Country:

India

Where Else Does Janalakshmi Financial Services Operate Around the World?

Mumbai, Maharashtra/India

Address: Multiple branch locations across key commercial and residential areas in Mumbai.

To expand financial inclusion within Mumbai's diverse and economically active low-income population, reaching out to micro-entrepreneurs, self-employed individuals, and salaried workers in the informal sector, thereby contributing to their economic upliftment and stability.

Buying Intent Signals for Janalakshmi Financial Services

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Janalakshmi Financial Services? Meet the Executive Team

As of April 2025, Janalakshmi Financial Services' leadership includes:

Ramesh Ramanathan - Founder and Chairman (during JFS operations)
V.S. Radhakrishnan - MD & CEO (during JFS operations)
Pujit Aggarwal - Chief Financial Officer (approx. 2016-2018 during JFS operations)

Who's Investing in Janalakshmi Financial Services?

Janalakshmi Financial Services has been backed by several prominent investors over the years, including:

TPG Asia
Morgan Stanley Private Equity Asia
Narayan Ramachandran
GAWA Capital
Enam Securities
Tata Capital Growth Fund
Client Associates
QRG Enterprises (Havells Family Office)

What Leadership Changes Has Janalakshmi Financial Services Seen Recently?

Hire2
Exits0

As Janalakshmi Financial Services transformed into Jana Small Finance Bank in 2018, executive movements are now reported under Jana Small Finance Bank. The following information pertains to Jana Small Finance Bank's leadership changes in the last 12 months.

New Appointments:

Buvanesh Tharashankar, Buvanesh Tharashankar appointed as Chief Financial Officer of Jana Small Finance Bank.
Manish Jain, Manish Jain joined Jana Small Finance Bank as Chief Human Resources Officer.

What Technology (Tech Stack) Is Used byJanalakshmi Financial Services?

Discover the tools Janalakshmi Financial Services uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Janalakshmi Financial Services Email Formats and Examples

While specific historical email formats for Janalakshmi Financial Services are not publicly documented, its successor, Jana Small Finance Bank, likely uses standard corporate email patterns. Common formats include [first_initial][last_name]@[domain] or [first_name].[last_name]@[domain].

Common formats include [first_initial][last]@[janabank.com] or [first].[last]@[janabank.com]

Format

jsmith@janabank.com or john.smith@janabank.com

Example

75%

Success rate

What's the Latest News About Janalakshmi Financial Services?

The Economic TimesMarch 28, 2018

Janalakshmi Financial Services starts operations as Jana Small Finance Bank

Janalakshmi Financial Services (JFS) officially commenced its operations as Jana Small Finance Bank after receiving the final license from the Reserve Bank of India. This significant transition enabled the entity to offer a wider range of banking products and services to its core customer base of underserved individuals and micro-enterprises....more

VCCircleApril 6, 2016

Janalakshmi Financial Services raises $150 million in funding led by TPG

Janalakshmi Financial Services successfully secured a $150 million (Rs 1,000 crore) Series D funding round led by TPG. This capital infusion was aimed at bolstering its capital base, expanding its microfinance operations across India, and supporting its strategic plan to convert into a small finance bank....more

LivemintSeptember 16, 2015

Janalakshmi Financial Services among 10 entities to get RBI nod for Small Finance Bank license

The Reserve Bank of India (RBI) granted in-principle approval to Janalakshmi Financial Services, along with nine other microfinance institutions and non-banking financial companies, to establish Small Finance Banks. This was a landmark decision aimed at furthering financial inclusion in India....more

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