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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.
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.
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.
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.
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.
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.
The Fairway Business Park, Survey No.10/1, 11/2 & 12/2B, Domlur, Koramangala Inner Ring Road
Bengaluru
Karnataka
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.
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As of April 2025, Janalakshmi Financial Services' leadership includes:
Janalakshmi Financial Services has been backed by several prominent investors over the years, including:
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.
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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
The Economic Times • March 28, 2018
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
VCCircle • April 6, 2016
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
Livemint • September 16, 2015
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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