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
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
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
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Aye Finance Key People
People Metrics
Current Core Team2
Board Members/Directors9

Core Team

SS
Sanjay SharmaCo-Founder
VJ
Vikram JetleyCo-Founder

Board Members/Directors

KS
Kartik SrivatsaDirector
VK
Vivek Kumar Mathur Director
NK
Navin Kumar MainiDirector
KT
Kanika Tandon BhalDirector
KA
Kaushik Anand Kalyana KrishnanDirector
SS
Sanjay SharmaManaging Director
SD
Sumiran DasDirector
VB
Vinay BaijalDirector
ND
Navroz Darius Udwadia Director
Aye Finance Documents

AY - 2018-19

Profit and Loss statement - Aye Finance - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Aye Finance for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Aye Finance - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Aye Finance for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Aye Finance - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Aye Finance for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Aye Finance - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Aye Finance for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Aye Finance - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Aye Finance for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Aye Finance - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Aye Finance for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Aye Finance - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Aye Finance for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Aye Finance - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Aye Finance for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Aye Finance - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Aye Finance for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Aye Finance - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Aye Finance for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Aye Finance - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Aye Finance for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Aye Finance - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Aye Finance for FY 2023-24
₹249.00 ₹498.00

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