Financial highlights

730 crore

Assets Under Management

112% y-o-y

128 crore

Total Income in FY24

154% y-o-y

1,207 crore

Cumulative Disbursements

178.61 crore

Cumulative Equity Raised

1,50,000+

Livelihoods impacted

Company Overview

New-age, fast-growing NBFC driving financial inclusion

Our Vision

To be “The Lender of Choice” for deserving micro-enterprises in India

Our Mission

To deliver easy, cost-efficient and Technology-driven financing solutions to aspiring micro-enterprises

Our Values

Customer Satisfaction
Teamwork
Transparency
Trust and Respect
Innovation
Integrity
Excellence
CREATING IMPACT ON OUR CUSTOMER’S LIVES THROUGH…

Enabling our customers to realise their livelihood ambitions and entrepreneurial goals

150k+

Borrowers funded

59%

Women borrowers

35%

New-to-credit customers

1,207 crore

Cumulative disbursements

Message from Co-Founders

Mayur ModiCo-Founder

As we move forward, our vision to be “The Lender of Choice” for deserving micro-enterprises in India continues to guide us beyond the conventional boundaries of possibility while we embrace the endless opportunities of digital environment.

Deepak AggarwalCo-Founder

Our efforts are directed towards creating value for the borrowers who are majorly underserved by the conventional financial institutions.

Business Model

Our approach to value creation

Financial Capital

INPUTS

Pool of monetary resources.

  • Total equity raised till date: ₹ 178.61 crore
  • Debt capital: ₹ 760+ crore

OUTPUT

  • AUM: ₹ 730 crore
  • Total Income: ₹ 128 crore
  • GNPA: 1.54% of AUM
  • NNPA: 1.04% of AUM
  • PAT: ₹ 9.1 crore

Manufactured Capital

INPUTS

Physical presence & diversified AUM across geographies.

  • 8 states
  • 100 branches

OUTPUT

  • Customers served across locations: 100 Branches
  • AUM growth per branch (Branch vintage 2+ years): 49%

Intellectual Capital

INPUTS

Product innovation, service excellence, tech-driven approach and digital processes.

OUTPUT

  • Asset-light, digital and scalable business model
  • Our digital tools:
    • Integrated LMS
    • Sikka app
    • Learning portal

Human Capital

INPUTS

The collective knowledge base acting as key differentiator.

  • Employee benefit expense in FY24: ₹ 47+ crore
  • Total training hours dedicated: 23,664 hours
  • Average training hours per employee: 13.50 hours

OUTPUT

  • Total employees: 1,300
  • Low attrition rate: 10%
  • 84% of employee =<35 Years
  • Employee hired native to branch: 43%

Social and Relationship Capital

INPUTS

Our beyond-lending impact creation measures.

  • Customer engagement
  • Community investment
  • Beyond-lending initiatives
  • Investors/lenders/rating agencies engagement

OUTPUT

  • Total customers served: 1.5 lakh
  • Women borrowers: 59%
  • New-to-credit customers: 35%
  • Cattle diagnosed: 340k+
  • Lives benefited from beyond-lending impact initiatives: 14,400+

Natural Capital

INPUTS

Responsibilities towards conserving natural resources.

  • Total investment in tree plantation: ₹ 15,75,000+
  • ESG Policy

OUTPUT

  • Energy consumption: 2,41,965 units
  • Biodiversity protection and carbon sequestration through 12,000+ trees planted
Strategy

Our roadmap to prosperity

Stakeholder engagement

Risk management

Strength in Preparedness

  • Financial Capital

    Financial Capital

    Performance exemplified by figures

    UN SDGs impacted

    Our approach to the prudent management of financial capital is centred on maximising impact financing by promoting financial inclusion among the underserved ‘missing middle’ customer group, which includes micro-entrepreneurs and agri-preneurs.

  • Manufactured Capital

    Manufactured Capital

    Strengthening network expansion and operational excellence

    UN SDGs impacted

    Our manufactured capital is referred to the physical assets that renders our services to the customers. Our presence predominantly marks northern, western and central India’s rural belt, focussing on expanding the reach to other adjacent states.

  • Intellectual Capital

    Intellectual Capital

    Fortifying our excellence

    Our intangible process encompasses our technological enhancements that boosts the overall operational efficiency. In tandem with digitalisation wave, we have accelerated our digital journey through adopting modern edge technologies and platforms.

  • Human Capital

    Human Capital

    Ensuring the development of our employees

    UN SDGs impacted

    Recognising the workforce as the backbone of organisational success, it’s crucial to ensure the holistic growth of our employees, encompassing their professional and personal well-being. Our engagement initiatives are focussed on unlocking the optimal potential of our employees to drive greater value addition towards a universal goal.

  • Social & Relationship Capital

    Social and Relationship Capital

    Committed to sustainable development

    UN SDGs impacted

    We recognise our customers and communities as the key stakeholders. Customers are the key business enablers whereas the communities provide us the social recognition to operate amongst them.

  • Natural Capital

    Natural Capital

    Contributing to a low-carbon planet

    UN SDGs impacted

    We recognise environment as the prime and utmost pivotal stakeholder. Being reliant on the natural resources that are limited, brings greater responsibilities upon us to conserve those and safeguard the future for the coming generation.

Our Presence Across the Country

Our Presence Across the Country

Governance

Board of Directors

Recognition to our Prudence