Awards 2021

Best Places to Work in India 2021

Employee Choice Awards by AmbitionBox

*based on ratings of employees who have worked in the company in the year 2020

Categories are based on Indian employee count of respective companies. Ranks are awarded by Standard Competition ranking method.

8 Best Financial Services Companies

Mega companies category

more than 50,000 employees in India

#1 HDB Financial Services

HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual & Business Clients. Incorporated in 2007, we are a well-established business with strong capitalization. HDBFS is accredited with CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities and an A1+ rating for its short-term debt & commercial papers, making it a strong and reliable financial institution. HDBFS maintains a strong commitment to ethical conduct. Transparency is ingrained in the structure of our Code of Ethics and our compliance policies to ensure that the highest standards of professional conduct are consistently reinforced and embedded in every corner of the organisation.

1st

Large companies category

10,001 to 50,000 employees in India

#1 Shriram City

Incorporated in the year 1986, Shriram City is prominent in the retail financing space, and among the largest financiers of MSMEs and Two Wheelers in the country. It also offers multiple loan products for acquiring assets such as commercial vehicles, passenger vehicles and home loans. In addition, it offers loan against gold ornaments and for personal consumption. A deposit-accepting NBFC, Shriram City is a part of Shriram Group which is in the forty-fifth year of its existence. The Company has an all-India presence with nearly 947 branches, and for the year ended March 2020 registered Assets under Management of over Rs. 29085 Crore and a current customer base of almost 40.76 Lakh borrowers.

1st

#2 Home Credit Finance

Home Credit India Finance Pvt. Ltd. is a leading Non-Banking Financial Company (NBFC) in consumer finance lending. The company is committed to drive credit penetration and financial inclusion by offering large financial solutions that are simple, transparent and accessible to all. With largest penetration in sub Rs. 10,000 category, Home Credit India has an employee base of over 15,000 and has been consistently expanding operations since its entry in 2012, with its operations spread over 179 cities across 20 States in India. The company has a strong network of around 29,000 points-of-sale (PoS) and is growing with a customer base of over 10 million customers, driven by Pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience. Home Credit India has been recognized by Aon Hewitt as a Regional AON Best Employer 2017 for employer excellence.

2nd

#3 Bajaj Finserv

Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Limited to further the Group’s interests in financial services. This demerger enabled Bajaj Finserv to independently run the core businesses of Lending, Protection and savings. Bajaj Finserv Limited is the holding company for the businesses dealing with financial services of the Bajaj Group. It serves millions of customers in the financial services space by providing solutions for asset acquisition through financing, asset protection through general insurance, family protection and income protection in the form of life and health insurance and retirement and savings solutions

3rd

Mid-Sized companies category

1,001 to 10,000 employees in India

#1 Vistaar Finance

Vistaar is a commitment to create new economic opportunities for deserving small business women and men, enriching lives and transforming communities. The company focuses on the missing middle segment, which is not effectively served by the formal financial system. Vistaar works to make available loans for small business and appropriately designed financial services/SME business loans, for this segment alone. This is nation building done right, one entrepreneur at a time.

1st

#2 Synchrony

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering customized financing programs across key industries including retail, health, auto, travel and home, along with award-winning consumer banking products. With more than $140 billion in sales financed and 80.3 million active accounts, Synchrony brings deep industry expertise, actionable data insights, innovative solutions and differentiated digital experiences to improve the success of every business we serve and the quality of each life we touch. More information can be found at www.synchrony.com and through Twitter: @Synchrony. We’ve built relationships with national and regional retailers, healthcare providers, manufacturers and more. We serve hundreds of thousands of partner locations across the U.S. and Canada, and each one is important to us. Our financial expertise spans key product areas, including apparel, electronics and appliances, home furnishings, automotive, power products and sports, jewelry and luxury, other retail, elective healthcare procedures and services, and more. Our investments in technology across multiple platforms—in-store, online and mobile—allow us to engage consumers when and where they want. Our programs and tools strengthen the relationship between our business partners and their customers, driving growth and opportunity across the board.

2nd

#3 Encore Capital Group

Encore means more. We always go the extra mile for our consumers, our colleagues, our clients, and our investors. It’s what sets up apart. As an industry leader, and the only company to develop a Consumer Bill of Rights, we promote professional growth and healthy living for our employees, offering top-notch compensation and programs such as leadership and skills training, tuition assistance for continued education, and wellness initiatives that have earned us recognition as one of San Diego’s Healthiest Employers. We firmly believe in work-life balance, and we are committed to actively promoting healthy living and personal and professional satisfaction for our employees. Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P SmallCap 600, and the Wilshire 4500.

3rd

Small companies category

501 to 1,000 employees in India

#1 BOB Financial Solutions

BOB Financial Solutions Limited (formerly known as Bobcards Limited) was established in the year 1994. It is a Non Banking Financial Company, wholly owned by Bank of Baroda, one of the top banks of India. The Company's primary business is credit cards and merchant acquiring.

1st

View awards as table

Other Award Categories

15 Best Mega Companies

25 Best Large Companies

25 Best Mid-Sized Companies

25 Best Small Companies

15 Best Tech Startups

Frequently Asked Questions

What are AmbitionBox Best Places to Work Awards 2021?
AmbitionBox Best Places to Work Awards 2021 recognizes the top companies to work for in India based on ratings shared by employees on AmbitionBox who have worked with a particular company in 2020.
How is a company classified as Mega, Large, Mid-Sized, Small, and Startup?
A company can be classified into one or more of the below category based on its India employee count

  • Mega category if it has more than 50k employees
  • Large category if it has employees b/w 10k & 50k
  • Mid-Sized category if it has employees b/w 1k & 10k
  • Small category if it has employees b/w 501 & 1k
  • Startup if

    • It leverages technology for their business in a significant way
    • Should not be a public company or started by another company
    • It has been founded on or after 01-January-2011
    • It has employees more than 200
Even though my company has good ratings, why did it not make it to the ‘Best Places to Work Awards’ list?
For a company to qualify it must fulfil the following criteria:-

  • Company must be a registered company in India or wholly owned subsidiary of foreign company in India.
  • Company must not be a Government organisation, Staffing firm, Dealer/Franchisee, NGO/Social Service organisation, Industry Association, College/ School/University, Restaurant, Hotel, Airport, Hospital and alike.
  • Company must not have influenced reviews or have tampered with the process of collecting authentic, unbiased reviews, including intentional or unintentional acts that violate the AmbitionBox Community Guidelines and/or Terms of Use.
  • Company must not have been involved in any fraudulent or suspicious activities and is under scrutiny by their respective governing entity.
  • Company must meet category eligibility criteria as well to qualify.

Winning an award depends on a variety of other reasons. Refer to the complete methodology here.
What is the time frame of reviews and ratings considered for awards?
Only reviews contributed between 01 January 2020 & 07 May 2021 for a company were considered for these awards, i.e. all reviewers should have worked in that company in 2020 (between 01 January 2020 and 31 December 2020).
How are companies ranked?
Companies are ranked based on the new overall rating which is calculated using our proprietary algorithm based on the ratings shared by employees who have worked in the company in 2020. In cases where 2 or more companies have the same rating, a joint rank is given. Ranks are awarded by Standard Competition ranking.

Refer to the complete methodology here.
Can companies nominate themselves for Awards 2021?
No, companies cannot nominate themselves to participate in Awards. All companies on AmbitionBox are eligible for Awards subject to fulfilling the award category qualifying criteria.

However, a company can increase its chances of qualifying if they have sufficient reviews on AmbitionBox. Hence we encourage companies to ask their employees to fill reviews on AmbitionBox.
How does a company benefit from these awards?
If you believe you have a really good work culture and a great employer brand, then get noticed by more than 57 Lakh monthly jobseekers on AmbitionBox with the ‘Best Places to Work in India’ award. Not only this, but all companies that make it to the list are also given a badge which can be showcased on your own website or social media platforms as recognition from AmbitionBox. This helps companies attract and retain talent.
How will a reviewer's data be used?
Other than awards, the data will be used for displaying reviews and ratings on the respective company page on AmbitionBox. Find out more about our terms of use here.
How is the authenticity of reviews checked?
  • Our proprietary algorithm filters and analyses multiple attributes of the review - spam, fake, abusive, duplicate and similar factors to decide the authenticity of a review.
  • Any reported or flagged content is reviewed by a team of moderators and is removed if it doesn’t meet our community guidelines.
How are AmbitionBox Awards different from other awards?
  • Unlike other awards, the companies cannot self nominate themselves for the AmbitionBox Awards.
  • No costs are involved in the process. Ranks are declared based on reviews and ratings given by the employees who have worked in the company.
  • AmbitionBox is one of the largest platforms in India for researching reviews and ratings of a company. Given our scale and reach, these awards truly showcase where Indians want to work.
Have more questions?
If you have any other questions or queries, write to us at hi@ambitionbox.com.