Investor Presentation - Q3 FY22
Scalable operating model
*49,940 Mn
AUM (Dec'21)
CARE/ICRA Rating
CARE Rating
BBB-
BBB+
A-
A+
Series C
True North
acquires
Started
Series B
Alpha TC Holdings
Private Limited
о
Venture
Partners
Series A
Operations
in Gujarat &
1,000
customers
Became
Profitable
5,000
customers
25+ cities
Bessemer
Tamil Nadu
10,000
customers
spread across
majority
stake
truenorth
-O
Q
GIC
Co-investment
with
True North (¹)
GIC
Net worth
crosses
*5,000 Mn.
30,000+
customers
24,436
13,559
8,473
3,368
5,477
AUM CAGR: 48.7%
Incorporation
200
690
1,629
20
2010
2011
2012
Early Days and Proof of Concept
Our Journey
We got listed
Warburg Pincus
invested in
the company
WARBURG PINCUS
(2)
60,000+
sanctions
ICRA Rating
A+
Long term credit
rating outlook
improved to A+
Positive by ICRA
AuM crosses
*35 bn.
49,940
41,411
-AUM
36,183
2013
2014
2015
2016
2017
2018
2019
2020
2021
9MFY22
Consolidation
Scaling Up
Note: AUM in INR Million
(1) Aether has co-invested with True North. Waverly owns 100% of Aether Class B Shares. Waverly is a wholly-owned indirect subsidiary of GIC (Ventures) Pte. Ltd
(2) Investment by Orange Clove Investments B.V (an affiliate of Warburg Pincus). Warburg Invested on 1st October 2020
Investor Presentation -Q3 FY22
05
homefirst
We'll take you homeView entire presentation