They are a diversified financial services platform established with the primary mission of addressing the diverse retail credit needs of under-served households and businesses across India. Over the past 15 years, their strategy has been to create a comprehensive and differentiated presence within the retail credit ecosystem, spanning multiple sectors. Since their entry into the financial inclusion space in 2009, they have facilitated financing amounting to over ₹1.73 trillion, impacting more than 101.82 million lives across India as of March 31, 2024. According to the CRISIL Report, they are recognized as one of the leading players among India’s diversified Non-Banking Financial Companies (NBFCs) in terms of Assets under Management (AUM) as of March 31, 2024. Their business model is diversified across offerings, sectors, products, geographies, and borrower categories, and they have maintained one of the lowest credit costs in the industry as of the same date.

Sector Expertise and Offerings

They have developed extensive domain expertise in enabling credit across our focused sectors in India, which include:
i. Micro, Small, and Medium Enterprises (MSMEs) Financing             ii. Microfinance (MFI)
iii. Consumer Finance                                                                                            iv. Vehicle Finance
v. Affordable Housing Finance                                                                           vi. Agricultural Finance

They have a long-standing presence in these sectors, having operated in the MSME, MFI, and consumer finance segments for over 14, 15, and 9 years, respectively.

In summary, their diversified financial services platform, extensive sector expertise, cutting-edge technology, and strong risk management practices position them as a leading player in India’s retail credit ecosystem, dedicated to catering to the needs of under-served households and businesses across the country.