Aye Finance, a non-banking financial company, provides secured and unsecured small-business loans primarily to micro-scale MSMEs using cluster-based underwriting.
Aye Finance Ltd. grows its assets under management (AUM) by 27% year-over-year to ₹7,044 crore in fiscal year 2026. The company attributes the increase to higher disbursements and an improvement in asset quality. This marks a notable expansion in its managed assets portfolio.
Goldman Sachs acquires an additional Rs 22 crore stake in Aye Finance following its underwhelming market debut. Separately, BofA Securities purchases a Rs 100 crore stake in Engineers India Ltd (EIL), driving a significant rise in the company’s stock price.
Aye Finance secures Rs 454 crore from anchor investors, including Goldman Sachs, before its Rs 1,010 crore IPO debut on February 9. The micro, small, and medium enterprise (MSME)-focused non-banking financial company (NBFC) leverages Alphabet’s backing to support its lending operations. Investors highlight confidence in its scalable and profitable business model targeting MSMEs.
Aye Finance secures ₹250 crore in a Series G funding round led by Singapore-based investor ABC Impact. The company also previously raised $30 million in debt financing, bringing total equity fundraising to ₹1,500 crore. The funds will support expansion of its microlending operations.
