Aye Finance Pvt Ltd

Helps small businesses get affordable loans using digital technology and a cluster-based approach

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Financials

  • 2020

    Total Income
    Rs.41,293,000,000
    Total Expenses
    Rs.37,298,000,000
    Non Program Expenses
    Rs.35,238,500,000
    Program Expenses
    Rs.2,059,500,000
    Tip: Click on any value above to exclude it.
  • 2021

    Total Income
    Rs.49,942,000,000
    Total Expenses
    Rs.47,614,000,000
    Non Program Expenses
    Rs.44,661,100,000
    Program Expenses
    Rs.2,952,900,000
    Tip: Click on any value above to exclude it.
  • 2022

    Total Income
    Rs.44,349,000,000
    Total Expenses
    Rs.51,090,000,000
    Non Program Expenses
    Rs.48,272,500,000
    Program Expenses
    Rs.2,817,500,000
    Tip: Click on any value above to exclude it.

Geographies Served

Programs

  • Shakti Loans

    District
    State
    District

    Gurgaon

    States

    Haryana

    Addressing funding challenges for women micro-entrepreneurs, Aye Finance introduces Shakti Loans to its product suite. This collateral-free credit product is tailored for women-led businesses in manufacturing, trading, services, and job work sectors. Despite making substantial economic contributions, women-led micro-businesses encounter systemic barriers, with limited access to capital being a major constraint. Shakti Loan aims to overcome these challenges, providing essential capital to unlock the vast growth potential inherent in grassroots women's businesses, fostering economic empowerment and inclusivity.

  • SwitchPe

    District
    State
    District

    Gurgaon

    States

    Haryana

    SwitchPe, an innovative supply chain finance platform powered by the RBI-registered Non-Banking Financial Company, Aye Finance, is tailored for micro and small enterprises, ushering them into the new era of commerce. Offering crucial elements such as credit access, seamless connectivity to competitive suppliers, an expanding product range, and a growth opportunity in the evolving Indian marketplace, SwitchPe empowers small businesses. Providing unsecured credit lines through a modern and user-friendly platform enables shop owners to efficiently connect with suppliers, manage monthly bills, and earn cashback on timely repayments, fostering financial flexibility and confidence.

Leadership Team

  • Sanjay Sharma

    Co-Founder and Managing Director

  • Ujual George

    Chief Operating Officer

  • Krishan Gopal

    Chief Financial Officer

  • Niraj Kaushik

    Deputy CEO

  • Sanjay Gupta

    Independent Director

Demographics & Structure

  • Organisation Strength

    None

Registration Details

  • Registration Number

    U65921DL1993PTC283660

  • CSR Form 1

    Not Available

  • FCRA

    Not Available

About

  • Headquarters

    Gurgaon, Haryana

  • Since

    2014

Impact

Aye Finance has provided loans to over 9.8 lakh micro-enterprises across India, helping drive financial inclusion and economic growth at the grassroots level.

Vision and Mission

To be the most admired finance company catering to micro businesses in India by providing innovative and customer-centered financial services through knowledgeable teams, effective technology and robust processes.

Political & Religious Declarations

  • Political Affiliation

  • Religious Affiliation

Location

  • Headquarters

    8th Floor, Vipul Square, B-Block, Sushant Lok-1, Gurgaon, Haryana

    Directions
  • Offices in Cities

    Gurgaon

Other Details

  • Type

    For-profit

  • Sub Type

    Non-Banking Financial Company

Technology Adoption

  • SOC 2 Compliant

    No

  • Financial Management

  • Beneficiary Management