Latest Articles in AYE Finance
Aye Finance Profitability Streak Continues, Posts Rs38cr Profit In Q1 FY24
In FY23, Aye Finance generated a profit of Rs 60 crore.The company is backed by leading investors such as CapitalG, Elevation Capital, Light Rock, Alpha Wave, A91 Partners
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Five Startups Solving Business Requirements For MSMEs In India
According to the India Brand Equity Foundation (IBEF), India has over 6.3 crore MSMEs, which account for around 29 per cent of the country's GDP. In addition, the industry creates a number of job prospects in tier 2 and tier 3 industries
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In FY 2021-22, We've Opened 100 New Centers In 20 States Taking Its Presence To 311 Branches: Sanjay Sharma, MD, Aye Finance.
We will continue on this trajectory in the coming year as well strengthening our presence and bringing a larger number of micro entrepreneurs into the folds of formal economy.
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Microfinance Platform Enabling MSMEs
New-age financial technology firms have devised novel ways to bridge the gap between these two vital sectors of the economy, whether by developing a platform to assist banks in faster data verification or by offering a full suite of services, including a savings account, to provide an end-to-end one-stop solution
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Aye Finance Appoints Mayank Thatte as CFO
He brings to Aye a comprehensive perspective on all the corporate finance, treasury, MIS and accounting functions and will be responsible for strengthening the financial and regulatory reporting and driving operational and digital transformation.
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Aye Finance Appoints Ujual George As Chief Risk Officer
Aye has been transforming the micro enterprise lending landscape since its inception in 2014 has designed innovative credit assessment methods.
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Significance Of AI And Machine Learning In MSME Lending
Delving a little deeper into some of the major areas of application of AI and Machine Learning that the MSME lenders are focusing on first. Two of the major aspects that stand out and we’ll talk about here are credit underwriting and process automation.
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Aye Finance Appoints Hero Fincorp's Samir Mehta As Deputy CEO
In his new role as Deputy CEO, Samir will focus on scaling up Aye’s business and will implement strategies to further enhance the MSME lenders’ performance and capability.
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We Have Maintained Contact With Our Customers Through Our In House Customer Service Tele Calling Team: Sanjay Sharma, Aye Finance
In an exclusive interaction with BW Businessworld, Sanjay Sharma, MD, Aye Finance talks about the company and more.
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Aye Finance Raises Over Rs 125 Crore
Aye will be utilizing these funds to lend to the disadvantageous micro-enterprise sector and facilitate job creation and their inclusion into the folds of organized lending.
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