# HDFC Bank: portfolio, investments and team > HDFC Bank is an investment firm based in India. 6 investments on record, 1 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/hdfc-bank (Millionrounds; every figure on the page links to its filing or article) India · [Investor](https://millionrounds.com/investors) # HDFC Bank Last cheque observed Aug 2026; 6 cheques on record. Deploying now Investment firm Debt Series B Venture Cannabis Retail Banking Deploying now **100%** of best year **1** **cheques in 12 months**, 6 on record Since the last cheque **57** days **00** hrs **00** min **00** sec Median round **$10M** Rounds led **0 of 6** Sole investor **1 rounds** Mostly in **India, 100%** Pitch HDFC Bank ## HDFC Bank highlights - 01 1 cheques in the last 12 months - 02 Mostly Debt and Series B: 67% of its rounds - 03 Sole investor in 1 rounds, median undisclosed ## What they do - **Type:** Investment firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Cannabis Retail Banking - **Based in:** Mumbai, India - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2026** 1 round - **Aug** **[NIIF Infrastructure Fund II](https://millionrounds.com/company/niif-infrastructure-fund-ii)** IN · Firms' own news pages **$2.0B** With 10 others - **2022** 1 round - **Sept** **[ZippMat](https://millionrounds.com/company/zippmat)** IN · Firms' own news pages **$10M** With 3 others - **2019** 1 round - **May** **[Peel-Works](https://millionrounds.com/company/peel-works)** Series B · IN · YourStory **$5.0M** With 5 others - **2018** 2 rounds - **Oct** **[CarDehko](https://millionrounds.com/company/cardehko)** IN · Entrackr **$75M** With 5 others - **Jan** **[Curefit](https://millionrounds.com/company/curefit)** Debt · IN · Inc42 **$10M** With 1 other - **2015** 1 round - **May** **[Cardekho](https://millionrounds.com/company/cardekho)** Venture · IN **Undisclosed** Sole investor An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **20** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. Funds they back ## 1 fund commitment on record - **Managers:** - Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Most recent commitments - National Investment and Infrastructure Fund Limited (NIIF) NIIF Infrastructure Fund II ## What they claim to have backed From their own portfolio page (on their website) **0** of 18 we have independently watched raise Add Resident Indian Giga Savings Account Gold Loan Application Form HDFC Bank - Home Loan Application Form Home Loan Portal Loan e NACH MyEMIShop Mycards NPS Vatsalya Calculator NRO to NRE PPF Account Application Form Pre-verified Properties Recharge FASTAG Smartbuy Track Loan Application Travel & Stays Two Wheeler Loan Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## Companies it bought Acquisitions by the firm itself **Centurion Bank** **Undisclosed** Feb 2008 ## The cheque Debt Series B Venture Median round joined **$10M** the round, not its cheque Alone, median **-** Led 0 of 6 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Aug 2026 Rounds by stage said on their site - Debt *1* - Series B *1* - Venture *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Axis Bank](https://millionrounds.com/fund/axis-bank) 2 **Pitching HDFC Bank?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as HDFC Bank. A count of rooms they were both in, not a relationship either has claimed. [**Axis Bank** Investment firm **2** rounds together](https://millionrounds.com/fund/axis-bank) ## Recently backed The latest companies HDFC Bank put money into. [**ZippMat** $10M · Sept 2022](https://millionrounds.com/company/zippmat) ## Mentioned on podcasts Episodes that name HDFC Bank in their description, not their title. - [The Neon Show](https://millionrounds.com/podcasts/neon-show) 25 Jul 2022 · 41 min Building A SaaS Behemoth From India And Then Expanding Globally ft. Yamini Bhat, Co-founder & CEO, Vymo With [Yamini Bhat](https://millionrounds.com/person/yamini-bhat) Mentions [HDFC Bank](https://millionrounds.com/fund/hdfc-bank) Apple Podcasts ## Quick answers about HDFC Bank ### What does HDFC Bank invest in? HDFC Bank invests most often at Debt and Series B (67% of the rounds on record), in sectors such as Cannabis, Retail and Banking. ### How active is HDFC Bank? 6 investments on record, 1 of them in the last 12 months. The most recent was in Aug 2026. ### What has HDFC Bank invested in recently? Its most recent investments on record: NIIF Infrastructure Fund II (Undisclosed round, Aug 2026), ZippMat (Undisclosed round, Sept 2022) and Peel-Works (Series B, May 2019). ### How big are HDFC Bank's cheques? The median round it joins is $10M. ### Does HDFC Bank lead rounds? Rarely, if at all: none of its 6 investments on record names it as the lead. ### Where does HDFC Bank invest? Most of the companies it backs are in India (100%). ### Is HDFC Bank investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does HDFC Bank invest alongside? Most often Axis Bank (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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