TVS VENU has announced plans to acquire a minority stake in Jana Small Finance Bank Limited, in a move aimed at strengthening its long-term play in India’s financial services sector.
The transaction involves a combination of primary issuance of warrants and secondary share purchase for an equity ownership of up to 9.9% on a fully diluted basis. TVS Motor Company will hold 4.9% as part of the transaction, subject to approvals.
Jana Small Finance Bank has built a national banking network with a strong presence in mass retail and MSME banking. As of March 31, 2026, the bank had advances and deposits exceeding Rs. 35,000 crore each.
Sudarshan Venu, Chairman, TVS Motor Company said, “Jana Small Finance Bank has built a credible banking franchise with a strong presence across customer segments central to India’s credit, savings, and investment growth.”
He further said, “We are thankful to TPG Capital for backing and building Jana together with Ajay and his team. We are also excited to welcome new investors, particularly the highly respected industrialist Mr S P Lohia, founder of Indorama Corporation and Ms Shruti Lohia, through her investment vehicle 2i Capital PCC.”
TVS VENU said the investment aligns with its strategy to support institutions driving India’s expanding digital financial ecosystem.
