Investor Presentaiton
Our Journey
Scalable operating model
* 77,759 Mn
Assets Under Management
CARE Rating
BBB-
Series B
Alpha TC
CARE/ICRA Rating
A+
BBB+
A-
Series C
True North
acquires
majority
stake
truenorth
GIC
Co-investment
with
True North (¹)
Net worth
crosses
*5,000 Mn.
Corporate Information
India
ICRA / CARE
Ratings
Rating
AA-
AA-
100+ Physical AUM crosses
Branches
*75 bn.
1,00,000+
Customers
77,759
We got listed
Warburg Pincus
invested in
the company (2)
WARBURG PINCUS
AUM crosses
*50 bn.
53,803
71,980
AUM crosses
60,000+
sanctions
35 bn.
41,411
30,000+
customers
36,183
24,436
AUM CAGR: 42.6%
Series A
Bessemer
Venture
Partners
Started
Operations in
Gujarat and
Tamil Nadu
10,000
Holdings
Customers
Private
Spread
Limited
across 25+
1,000
customers
Incorporation
20
200
690
Became
Profitable
1,629
5,000
customers
#GIC
cities
13,559
8,473
5,477
3,368
2010
2011
2012
2013
2014
Early Days and Proof of Concept
2015
Consolidation
2016
2017
2018
2019
2020
2021
2022
2023 Q1FY24
Scaling Up
Expansion
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
Home First Finance Company India Ltd.
Investor Presentation - Q1 FY24
06
AUMView entire presentation