2023-24

Capital raised to the tune of Rs. 400 crores (primary infusion) from Multiples Private Equity & Avendus FLF
Credit ratings upgraded to “CARE A+ with stable outlook
Loan Book crossed Rs. 5,700 crores
Business Commenced in Bihar and Chhattisgarh
Branch Network crosses 380 nos.
Launched Used Commercial Vehicle Loans product
PBT crossed Rs. 300 crores

2022-23

Credit ratings upgraded to “CARE A with stable outlook (Single A; Outlook: Stable)
Loan Book crossed Rs. 3,500 crs
Disbursement crossed Rs. 2,200 crs
Live customers crossed 1,00,000
Launched Home Loans – product

Credit ratings upgraded to “CARE A- with stable outlook” (CARE A minus)
2300+ employees across 200 branches made a positive impact in the lives of over 53,000 customers
Loan Book Crosses Rs. 1,500 Crores
PBT crosses Rs. 80 Crores

Credit ratings upgraded to CARE BBB+ (CARE Triple B plus), Outlook: Stable
Certified as ISO 27001 Compliant
Business Commenced in Telangana, Andhra Pradesh and Madhya Pradesh
Capital raised to the tune of Rs. 260 Crores from Norwest Venture Partners and existing Investors
Capital base grows to Rs. 444 Crores
Loan Book crosses Rs. 745 Crores
PBT crosses Rs. 28 Crores
Branch Network crosses 140 nos

Business Commenced in West Bengal, Karnataka and Odisha
Received Long term investment grade rating of CARE BBB- (CARE Triple B minus) with stable outlook from CARE Ratings
Capital raised to the tune of Rs. 120 Crores with investments from CDC Group Plc, Lok Capital and existing investors.
Cumulative Disbursement crosses Rs. 400 Crores and Loan Book crosses Rs. 300 Crores
Cumulative break even achieved with PBT at Rs. 650 Lacs
Customer base crosses 15000 no.s
Branch Network crosses 70 nos