Key Metrics
- No. of Employees1886
- Founded Year 2014
- Company StagePrivate Limited Company
- Total Funding₹2,719.78 Cr
- Industry
- Headquarter
- Company StatusActive
About Aye Finance
Aye Finance is a finance company that provides business loans to micro and small businesses in Northern India. The company's mission is to provide innovative and customer-centered financial services to micro and small business through effective technology and robust processes. It works with a relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises.
Business Model
Aye Finance is a new-age finance company that provides secured and unsecured small business loans to small and micro enterprises across India. It has more than 100 branches operational in 21 states across India which majorly serves segments such as manufacturing, trading, and service group, among others.
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Aye Finance Funding Details
Funding Highlights
Latest Funding RoundDebt Financing
Total Funding Raised₹2,719.78 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
- Elevation Capital, Google, Alpha Wave Global, A91 Partners
Note:
Valuation as on Jun 24, 2020
Funding Details
Funding History
Funding Per Year
Aye Finance Financial Details
Financial Highlights
FY 2023-24 Revenue₹1,071.75 Cr
FY 2023-24 Expenses₹843.89 Cr
FY 2023-24 Profit/Loss₹171.68 Cr
Net Cash Flow From Operations-₹1,322.83 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Aye Finance Key People
People Metrics
Current Core Team2
Board Members/Directors9
Aye Finance Documents