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Aye Finance Listed

Aye Finance Limited Gurugram, Haryana Founded 2014 ayefin.com ↗
Sanjay Sharma · Co-founder & Managing Director Vikram Jetley · Co-founder & Executive Director
$163.34 MnTotal funding (tracked)
8Funding rounds
20 Sep 2024Last round

Aye Finance: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Cluster-based underwriting without traditional documentation

Rather than requiring bank statements or tax filings, Aye assesses borrowers by analyzing business-cluster economics — raw material costs, labor rates and cash conversion cycles — to estimate revenue for credit decisions.

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Customer Segments

Micro-scale MSMEs (the 'missing middle')

Specialized lending to India's 'missing middle' — micro-enterprises overlooked by traditional banks; over 5.9 lakh active customers, primarily in trading and manufacturing sectors, across 18 states (as of the FY2026 IPO).

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Customer Relationships

In-person loan officer relationships

Loan officers visit borrowers in person as the primary relationship channel, each achieving approximately 6 loan disbursements per month.

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Channels

Phygital branch network

Combines field-based customer acquisition (loan officers visiting borrowers in person, achieving approximately 6 loan disbursements per officer per month) with a digital back-end for processing.

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Key Activities

Cluster-economics credit assessment

Maps cluster-level factors — raw material costs, labor rates, cash-conversion cycles — to estimate borrower revenue and underwrite loans without conventional financial documentation.

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Key Resources

Proprietary cluster-based underwriting methodology

Built from founder field research meeting 350 micro-enterprises across five Indian cities to understand financing gaps and cluster-level cash-flow patterns, forming the basis of Aye's credit-assessment IP.

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Key Partnerships

No cited partnerships yet. Based on tracked funding/M&A data:

ABC Impact — Investor British International Investment — Investor A91 Partners — Investor Waterfield Fund — Investor CapitalG — Investor Falcon Edge Capital — Investor

Revenue Streams

Interest income on MSME business loans~27-28% yield on advances

Earns high yields on advances of roughly 27–28% on small-ticket business loans to micro-enterprises, offsetting elevated credit costs.

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Cost Structure

No cited public information yet.

FAQs on Aye Finance

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.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.elevationcapital.com entrackr.com india.entrepreneur.com www.thecompanycheck.com www.elevationcapital.com · Last verified 15 Jul 2026. · Report a correction