NBFC lending to small businesses using AI credit assessment
| Date | Round | Amount |
|---|---|---|
| Dec 2024 | Incoming IPO NBFC Aye Finance filed its DRHP for a ~INR 1,450 Cr IPO (fresh issue plus OFS), with backers like CapitalG, A91 and Alpha Wave participating in the offer-for-sale. | $170M |
| Sep 2024 | Series D Plus MSME lender Aye Finance raised an INR 250 Cr (~$30M) Series G led by Singapore impact investor ABC Impact, with British International Investment, to scale lending to micro-enterprises. | $30M |
| Aug 2024 | Debt Aye Finance closed an INR 212 Cr (~$25M) business-loan securitisation deal with Goldman Sachs (India) Finance to fund micro-enterprise lending. | $25M |
| Jun 2024 | Debt Lender Aye Finance raised INR 250 Cr (~$30M) debt from Dutch development bank FMO for MSME lending. | $30M |
| Mar 2024 | Debt Lender Aye Finance raised INR 137 Cr (~$16.4M) debt from German impact investor Invest in Visions for MSME lending. | $16.4M |
| Dec 2023 | Series D Plus Aye Finance raised an INR 310 Cr Series F led by British International Investment to expand its lending book and branch network. | — |
| Dec 2022 | Debt B2B lendingtech Aye Finance secured $10M (INR 81.2 Cr) in external commercial borrowings from Switzerland-based responsAbility Investments. | $10M |
| Mar 2022 | Debt Aye Finance raised INR 75 Cr in debt from existing investor Triple Jump BV and Northern Arc to strengthen its on-lending business. | $937.5K |
| Dec 2020 | Debt MSME lender Aye Finance raised ~$10M in debt from Catalyst Trusteeship (AAV Sarl and Masala Investment Sarl). | $10M |
| Jul 2020 | Debt Aye Finance raised $16 Mn. | $16M |
| Jun 2020 | Series D Plus Aye Finance raised $27 Mn (INR 210 Cr) in Series E from LGT, CapitalG, Maj Invest, Falcon Edge and A91. | $27M |