Aye Finance Listed
Non-banking financial company (NBFC) founded in 2014, providing secured and unsecured business loans to micro, small and medium enterprises (MSMEs) in India. Uses a proprietary cluster-based underwriting methodology that assesses borrowers' cash flows by analyzing business-cluster economics (raw material costs, labor rates, cash conversion cycles) rather than relying on traditional bank statements or tax filings.
Aye Finance: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 20 Sep 2024 | Series G | $30 Mn | ABC Impact British International Investment | source |
| 13 Dec 2023 | Series F | $37 Mn | British International Investment A91 Partners Waterfield Fund | source |
| 24 Jun 2020 | Series E | $27.5 Mn | CapitalG A91 Partners Falcon Edge Capital LGT Lightstone MAJ Invest | source |
| 8 Mar 2019 | Series D | $33.34 Mn | Falcon Edge Capital CapitalG LGT MAJ Invest | source |
| 11 Jun 2018 | Series C | $21.5 Mn | CapitalG Elevation Capital LGT | source |
| 1 Nov 2016 | Series B | $10 Mn | Accion Elevation Capital LGT Impact Ventures | source |
| 11 Dec 2015 | Seed | $3 Mn | Accion Elevation Capital | source |
| 23 Feb 2015 | Seed | $1 Mn | Accion Elevation Capital | source |
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Who founded Aye Finance?
Aye Finance was founded by Sanjay Sharma, Vikram Jetley in 2014.
How much funding has Aye Finance raised?
Aye Finance has raised $163.34 Mn across 8 tracked funding round(s), most recently on 2024-09-20. Figures are compiled from cited public sources.
Who are the investors in Aye Finance?
Investors in Aye Finance include ABC Impact, British International Investment, A91 Partners, Waterfield Fund, CapitalG, Falcon Edge Capital, LGT Lightstone, MAJ Invest.
What does Aye Finance do?
Non-banking financial company (NBFC) founded in 2014, providing secured and unsecured business loans to micro, small and medium enterprises (MSMEs) in India. Uses a proprietary cluster-based underwriting methodology that assesses borrowers' cash flows by analyzing business-cluster economics (raw material costs, labor rates, cash conversion cycles)…
Where is Aye Finance headquartered?
Aye Finance is headquartered in Gurugram, Haryana, India.
What is Aye Finance's business model?
Aye Finance's core value proposition centers on Cluster-based underwriting without traditional documentation.
How does Aye Finance make money?
Aye Finance's cited revenue streams include Interest income on MSME business loans.