TVS VENU has agreed to invest in Jana Small Finance Bank Limited, acquiring up to 9.9% stake on a fully diluted basis through a mix of primary and secondary transactions.
The proposed deal includes 4.9% ownership by TVS Motor Company and is subject to regulatory approvals.
The investment strengthens TVS VENU’s growing financial services portfolio, which already includes TVS Credit Services and a planned acquisition of PGIM India Asset Management.
Jana Small Finance Bank operates across 23 states and two Union Territories, serving over 12 million customers through 822 outlets. The bank’s advances and deposits stood at over Rs. 35,000 crore each as of March 31, 2026.
Sudarshan Venu, Chairman, TVS Motor Company said, “We firmly believe that a key driver to India’s growth is the strengthening and expansion of India’s financial services.”
He further said, “We have been serving more than 44 million financial services customers across more than 100,000 touch points pan India, and are excited about the huge opportunity that the sector presents.”
The company said the investment is intended to support Jana Small Finance Bank’s long-term growth and strengthen collaboration opportunities in the financial ecosystem.
