Sub-K IMPACT Solutions Ltd is a digital financial intermediary that leverages the power of technology and local entrepreneurship to offer last-mile banking and financial solutions to the underserved. It was founded in 2010, with a mission of transforming lives by enabling financial inclusion through innovation and excellence. Sub-K serves more than 3 million customers across 25 states in India, facilitating credit, savings, payments, and insurance, in partnership with 15+ financial institutions.

Statutory Details

Date of incorporation
August 02, 2010
Legal status
Company registered under Companies Act 1956
Telangana GST No.
36AAECB2566M1ZE
PAN
AAECB2566M
CIN
U74999TG2010PLC069785

Board of Directors

Mr. Mahesh Kanumury
Chairman and Director
Mr. Sasidhar N Thumuluri
CEO & Managing Director
Mr. Devarakonda Sattaiah
Director
Ms. Swati Desai
Independent Director
Mr. Viswanathan Swaminathan
Independent Director
Mr. David Arturo Paradiso
Nominee Director
Ms. Lise Lindbäck
Nominee Director
Ms. Prachi Jain Windlass
Nominee Director
Mr. Arvind Kodikal
Nominee Director

Promoters

BASICS Limited

CEO & Company Secretary

CEO
Mr. Sasidhar Thumuluri
Company Secretary
Mr. Jitender Kalwani

Stakeholders

BASICS Limited, MSDF, ACCION, NMI, MAJ, Mr. Vijay Mahajan and other Shareholders

Geographies of Operations

Currently executing operations in 26 states

Services and Sectors

Business Correspondence Services to Banks and NBFCs

Employee strength

2000

Registered Office Address

Registered and Head Office: 3rd Floor, Surabhi Arcade, Troop Bazar, Bank Street, Koti, Hyderabad 500 001, Telangana

Website Link