Investor Presentaiton
CareEdge TURNS 30
1993-1996
1997-2000
Commenced Rating Operations
Expansion of ratings operations to rating of toll
roads, electricity board, municipal corporations,
structured instruments
Completed studies on
undertakings selected
Commission
central public sector
by disinvestment
Launched 'CARE Loan Ratings' for rating term loans
■ Ventured into Advisory business and bagged 13
assignments
Obtained registration with SEBI when rating agencies
came under its purview
2009-2012
2001-2004
Care Edge
RATINGS
Founding member of Association of Credit Rating
Agency in Asia (ACRAA)
Launched Corporate Governance and Value Creation
Rating
Signed MOU with NSIC for empanelment as an
approach rating agency for small scale industries
2005-2008
Launched an initial public offering in 2012, which was subscribed for 34.05
times, and listed on both NSE and BSE
Acquired Kalypto, now CARE Risk Solutions
Worked closely with Asian Development bank on prestigious assignments
■Provided technical assistance to some emerging rating agencies outside India
2013-2017
Launched IPO grading services
Received External Credit Assessment Institution (ECAI) recognition for Capital
Requirements Directive (CRR) in the European Union
■Signed MOU with major banks to provide rating facilities under BASEL II
Received mandate from Ministry of Urban Development for rating 13 ULBS
under JNNURM
2018-2023
Launched CARE Advisory Research and Training Ltd (CART), wholly subsidiary of CARE
Ratings, which Provides Financial Advisory and Management Consultancy services
Established rating subsidiaries in Nepal & Africa
Enters into a strategic business alliance with Japan Credit Rating Agency, Ltd. (JCR)
■Partnered with 4 domestic credit rating agencies in Brazil, Malaysia, Portugal and South
Africa, to form an international credit rating agency called ARC Ratings
■Took 10% stake in Malaysian Rating Agency (MARC)
Received License for Ratings business by Capital Market Authority (CMA), Kenya
in 2019
CARE group rebranded as 'CareEdge'
CART launched Data driven Tech platform for ESG assessment 'SIRIUS', catering
to domestic and international markets
CART empanelled as ESG Rating provider (ERP) for AMC's by AMFIView entire presentation