AYEFin

Gurugram, India Founded: 2014 • Age: 12 yrs Listed
Organization empowering economic transformation of micro enterprises
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About AYEFin

AYEFin is a publicly listed company based in Gurugram (India) founded in 2014 by Sanjay Sharma and Vikram Jetley. Organization empowering economic transformation of micro enterprises. AYEFin has raised $164.43 million across 37 funding rounds from investors including DCB Bank, Northern Arc Capital and Goldman Sachs. The company has 6,362 employees. AYEFin was last valued at $315.23 million in December 2023. Its chief executive, as recorded, is Sanjay Sharma. Its website ayefin.com draws about 15 thousand monthly visits. Its Indian entity Aye Finance Limited reported revenue of ₹1,863 Cr. Its focus areas include Consumer and SME Loans, SME Loans and Diversified. Its competitors include InCred, Clix Capital and DMI Finance; 3 of its 3 listed competitors have raised funding.

Company details

Aye Finance was established in 2014 in Gurugram, India, within the financial services sector. Loans are offered to micro and small businesses to facilitate their economic development. Operations center on providing accessible funding solutions tailored to these enterprises, supporting their operational needs across India. Key leadership includes roles in finance, technology, and strategy to manage lending activities.

  • Headquarters Gurugram, India
  • Employees 6,362
  • Founders Sanjay Sharma, Vikram Jetley
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ayefin.com
  • Social LinkedIn X Facebook
  • Legal Name Aye Finance Limited
Operational Areas
Financial Services → Consumer and SME Loans
Key Metrics
  • Market Cap
    ₹3,712 Cr

    AYE · NSE

  • Share Price
    ₹158.38

    +5.32% today

  • Revenue
    ₹1,815 Cr

    FY 2025-26 · +24.3% YoY

  • EBITDA
    ₹764 Cr

    Margin 42.1%

  • Net Profit
    ₹194 Cr

    FY 2025-26 · +13.1% YoY

  • P/E (TTM)
    13.0x

    P/B 1.4x

  • ROE
    9.2%

    ROCE 11.4%

  • Debt / Equity
    2.30

    Interest cover 73.0x

  • Total Equity Funding
    $164.43M (USD)

    in 37 rounds

  • Latest Funding Round
    $29.88M (USD), Series G

    Sep 2024

  • Investors
    DCB Bank

    & 43 more

  • Employee Count
    6,362

Funding Insights of AYEFin

AYEFin has successfully raised a total of $164.43M across 37 strategic funding rounds. The most recent funding activity was a Series G round of $29.88 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $164.43M
  • Total Rounds 37
  • Last Round Series G — $29.88M
  • First Round $256,480

    (Dec 2014)

  • Investors Count 44

Latest 10 of 37 funding rounds of AYEFin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$29.88MSeries G–ABC Impact
British International Investment, IMP2 Assets
Aug 2024$25.3MDebt – Conventional––
Goldman Sachs
Jun 2024$29.97MDebt – Conventional––
FMO
Mar 2024$16.44MDebt – Conventional––
Invest in Visions
Dec 2023$37.18MSeries F$315.23MBritish International Investment
Waterfield Advisors, A91 Partners
Jun 2023$214,884Grant––
Transform
Dec 2022$10MDebt – Conventional––
responsAbility
Nov 2022$10.74MDebt – Conventional––
BlueOrchard
Sep 2022$8.16MDebt – Conventional––
Symbiotics Group
Mar 2022$9.85MDebt – Conventional––
Triple Jump, Northern Arc Capital
Valuation history
DateValuationStage
Dec 2023$315.23M••••••••
Jun 2020$254.26M••••••••
Mar 2019$•••••••••••••
Jun 2018$•••••••••••••
Nov 2016$•••••••••••••
Aug 2015$•••••••••••••
Feb 2015$•••••••••••••
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Full valuation and stage history of AYEFin

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Last known valuation $315.23M (Dec 2023). 44 investors in total: 37 institutional and 7 angel.

Investors in AYEFin

AYEFin has secured backing from 44 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DCB Bank, Northern Arc Capital and Goldman Sachs.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
ABC Impact
Infrastructure investments in impact-driven companies are managed.
abcimpact.com.sgSingapore, Singapore
British International Investment
Government agency focused on small and medium-sized businesses
1948bii.co.ukLondon, United Kingdom
Goldman Sachs
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
FMO
Development financing is provided for entrepreneurial ventures in emerging markets.
1970fmo.nlThe Hague, Netherlands
A91 Partners
Investment partnerships and support for founders in software, financial services, and consumer sectors.
2018a91partners.comMumbai, India
responsAbility
Private equity investment firm
2003responsability.comZurich, Switzerland
BlueOrchard
Debt and equity investments are managed by this private fund.
2001blueorchard.comZurich, Switzerland
Symbiotics Group
Impact investing is managed through private equity by Symbiotics Group.
symbioticsgroup.comGeneva, Switzerland
Triple Jump
Investment management firm and venture capital fund focused on multiple sectors
triplejump.euAmsterdam, Netherlands
CapitalG
Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
capitalg.comSan Francisco, United States
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Investor details for AYEFin

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Board of directors of Aye Finance Limited (AYEFin)

Aye Finance Limited is the primary company behind AYEFin. The board of Aye Finance Limited currently have 7 directors; the longest-serving is Sanjay Sharma, appointed in 2013. 25 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjay Sharma
DIN 03337545
Managing Director27 Nov 201312 yrs 11 moAye Finance Limited
Kanika Tandon Bhal
DIN 06944916
Director01 Sep 20233 yrs 2 moAye Finance Limited
Sanjaya Gupta
DIN 02939128
Director01 Sep 20233 yrs 2 moAye Finance Limited
Govinda Rajulu Chintala
DIN 03622371
Director01 Sep 20233 yrs 2 moAye Finance Limited
Vinay Baijal
DIN 07516339
Director16 Aug 20242 yrs 2 moAye Finance Limited
Aditya Misra
DIN 09376632
Director28 Sep 20242 yrs 1 moAye Finance Limited
Padmaja Nair
DIN 06841868
Director17 Oct 20242 yrsAye Finance Limited

People of AYEFin

95 people are tracked at AYEFin (41 in leadership, 5 in board & advisors, 49 in team); the tracked headcount is 6,362.

NameRoleGroup
Sanjay Sharma
Co-Founder & CEOLeadership
Vikram Jetley
Co-FounderLeadership
Krishan Gopal
Chief Financial OfficerLeadership
Anand Singh
Head of Information TechnologyLeadership
Jinu Joseph
Chief Technology OfficerLeadership
Sovan Satyaprakash
Vice President, Head - Product & StrategyLeadership
Ashok Kumar
Leadership
Raju Ramachandran
Leadership
Ujual George
Chief Operating OfficerLeadership
Vinay Baijal
Leadership
Niraj Kaushik
Deputy CEOLeadership
Prafull Trivedi
Head-west Zone(mortgage Loan)Leadership
Lakhan Ojha
Branch HeadLeadership
Mukesh Kashyap
Branch HeadLeadership
Kishor Pokiya
State HeadLeadership
Karan Yadav
Assistant Vice PresidentLeadership
Mayank Magwana
Assistant Vice PresidentLeadership
Anup Kumar Chaubey
Zonal Business Head (vice President)Leadership
Janhavi Rai
Assistant Vice President 1Leadership
Tejamoy Ghosh
VP - Head Of Data Science & Artificial IntelligenceLeadership

75 more people are available in the full profile.

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IPO & Listings of AYEFin

AYEFin is a publicly listed company on the BSE with ticker symbol AYE in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date16 Feb 2026
  • Listed onBSE: 544699 · NSE: AYE
  • Listed entityAYE FINANCE LIMITED
  • Exchange sectorFinance
  • ISININE501X01029
  • Share price₹143.05 (-5.01% on the day) · 2026-05-11
  • Market capitalisation₹3,717 Cr
  • Price to earnings15.3
  • EPS (diluted, trailing year)₹9.38
  • Volume (last session)391,252
  • Analyst consensusNo rating

Financials of AYEFin

Exchange-reported figures of Aye Finance Limited, the listed company behind AYEFin (NSE: AYE).

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1,815 Cr
+24.3% YoY
EBITDA
₹764 Cr
+13.4% YoY
Profit After Tax
₹194 Cr
+13.1% YoY
Net Worth
₹2,533 Cr
+52.7% YoY
Total Assets
₹7,598 Cr
+22.3% YoY
Total Debt
₹5,065 Cr
+11.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue1,8151,4601,040623432495
Revenue growth+24.3%+40.4%+66.9%+44.3%-12.8%-
EBITDA76467454026290.54265
EBITDA margin+42.1%+46.2%+51.9%+42.0%+21.0%+53.5%
Profit before tax24722522871.40(67.41)23.28
Net profit19417116153.79(45.70)16.89
Net profit margin+10.7%+11.7%+15.5%+8.6%-10.6%+3.4%
EPS (₹)7.929.06377.35125.97(107.07)39.56
Balance sheet
Total assets7,5986,2134,7593,0892,2502,084
Net worth2,5331,6581,236768706747
Total debt5,0654,5553,5232,3201,5441,337
Cash & bank1,0111,138730394377347
Net working capital1,0581,115666392333326
Cash flow
Cash from operations(1,355)(812)(1,323)(720)(279)125
Cash from investing(125)(38.59)83.0478.2145.60(190)
Cash from financing1,1691,2551,49476220771.82
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue514477515443437405409361
Revenue growth (YoY)+17.8%+17.7%+25.9%+22.7%----
Other income12.7312.2916.8312.1710.349.1710.979.48
Total expenses260256279253266242240219
EBITDA254222237189170163169142
EBITDA margin+49.4%+46.4%+45.9%+42.8%+39.0%+40.2%+41.4%+39.4%
Depreciation6.436.177.967.016.245.106.326.08
Interest145131135141133126123115
Profit before tax11697.1511153.8441.6940.8950.4530.45
Tax29.0822.6524.9711.247.1610.309.757.68

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue514477515443437405409361
Revenue growth (YoY)+17.8%+17.7%+25.9%+22.7%----
Other income12.7312.2916.8312.1710.349.1710.979.48
Total expenses260256279253266242240219
EBITDA254222237189170163169142
EBITDA margin+49.4%+46.4%+45.9%+42.8%+39.0%+40.2%+41.4%+39.4%
Depreciation6.436.177.967.016.245.106.326.08
Interest145131135141133126123115
Profit before tax11697.1511153.8441.6940.8950.4530.45
Tax29.0822.6524.9711.247.1610.309.757.68
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue1,8151,4601,040623432495
Revenue growth+24.3%+40.4%+66.9%+44.3%-12.8%-
Other income48.2444.7631.5319.9111.574.15
Total expenses1,051786501361341230
Employee cost495380275212176141
EBITDA76467454026290.54265
EBITDA margin+42.1%+46.2%+51.9%+42.0%+21.0%+53.5%
Depreciation26.3122.1614.5411.459.979.29
Interest539472329199160236
Profit before tax24722522871.40(67.41)23.28
Tax53.6753.7466.7317.61(21.69)6.39
Net profit19417116153.79(45.70)16.89
Net profit margin+10.7%+11.7%+15.5%+8.6%-10.6%+3.4%
EPS (₹)7.929.06377.35125.97(107.07)39.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital48.9037.7939.9330.4530.4530.45
Reserves & surplus2,4841,6211,196738676716
Shareholders' funds (net worth)2,5331,6581,236768706747
Secured loans4,8734,3473,2522,0601,2661,259
Unsecured loans19220827126027878.19
Total debt5,0654,5553,5232,3201,5441,337
Total liabilities7,5986,2134,7593,0892,2502,084
Assets
Gross block11683.3763.1351.6645.7236.42
Net block61.7340.6231.7127.1626.7327.24
Capital work in progress0.004.132.950.470.060.01
Investments15841.7610.6184.46155198
Inventories0.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.00
Cash & bank balances1,0111,138730394377347
Loans & advances22210350.4649.0922.2621.75
Total current assets1,2331,240781443399369
Total current liabilities17512511451.0666.1643.27
Net working capital1,0581,115666392333326
Total assets7,5986,2134,7593,0892,2502,084
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash931527273153179172
Net cash from operating activities(1,355)(812)(1,323)(720)(279)125
Net cash from investing activities(125)(38.59)83.0478.2145.60(190)
Net cash from financing activities1,1691,2551,49476220771.82
Net change in cash(311)405254120(26.61)7.27
Closing cash1,0111,138730394377347
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+24.3%+40.4%+66.9%+44.3%-12.8%-
EBITDA growth+13.4%+24.9%+105.9%+189.5%-65.8%-
PBT growth+9.9%-1.3%+219.1%+9998.0%-+9997.0%
Net income growth+13.1%+6.2%+199.6%+217.7%-370.6%-
Revenue CAGR (3Y)+42.8%+50.1%+28.1%---
EBITDA CAGR (3Y)+42.9%+95.3%+26.8%---
Profitability & leverage
Net income margin+10.7%+11.7%+15.5%+8.6%-10.6%+3.4%
Return on capital employed+11.4%+12.7%+14.2%+10.1%0.0%+13.0%
Return on net worth+9.2%+12.0%+16.6%+7.6%0.0%+2.8%
Debt / equity2.302.792.912.621.982.17
Long-term debt / equity2.302.792.892.511.862.11
Interest cover73.0272.3562.6279.45198.0392.51
Efficiency & per share
Fixed asset turnover18.6720.5518.6713.2110.8015.53
Inventory turnover0.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.00
EPS (₹)7.929.06377.35125.97(107.07)39.56
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)103.5887.772,811.151,738.451,592.111,687.40

Timeline of AYEFin

5 dated milestones of AYEFin across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded AYEFin is founded.
  2. Funding First funding round of $256K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series G, of $29.9M.
  5. IPO Lists on the stock exchange (IPO).

Competitors of AYEFin

AYEFin has 3 listed competitors in our database, 3 of them funded. They include InCred, Clix Capital and DMI Finance.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
InCred
incred.com2016Mumbai, India$320.39M2,161
Financial services are provided, specializing in personal and business loans.
Clix Capital
clix.capital2016Gurugram, India$69.52M1,742
Lending platform for consumers and businesses is provided.
DMI Finance
dmifinance.in2008Delhi, India$734M1,054
Personal, MSME, consumption, and EV loans are provided digitally.
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Web traffic of AYEFin

The website of AYEFin (ayefin.com) receives about 14.7K visits a month.

  • Monthly visits
    14.7K

    ▲ 20% vs previous month

Similar websites

Websites whose visitors overlap most with AYEFin. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Pay with Ring
paywithring.com
100%
207.6K#137,029View details
Lendbox
lendbox.in
85%
81.8K#382,961View details
Kissht
kissht.com
85%
236.4K#204,416View details
AAVAS
aavas.in
85%
62.4K#558,229View details
DMI Finance
dmifinance.in
85%
682.3K#51,856View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Consumer and SME Loans

3 companies that operate in the same segment as AYEFin (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manappuram Finance
Consumer and SME loans are provided by Manappuram Finance.
1992Valapad, Kerala, IndiaUSD 39.98 MUSD 1.01 B51,650
HomeFirst Finance
Affordable home loans are extended to low and middle-income groups.
2010Mumbai, Maharashtra, IndiaUSD 209.7 MUSD 204.93 M1,634
L & T Finance Holdings
Diversified lending services are provided as a non-banking financial institution.
1994Mumbai, Maharashtra, IndiaUSD 1.9 B167
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Related news about Ayefin

AYE: Q2 SL NET PROFIT 867M RUPEES VS 345M (YOY); EST 840M
Exchange Update • 22 days ago
AYE: Q2 REVENUE 5.14B RUPEES VS 4.34B (YOY)
Exchange Update • 22 days ago
Aye Finance: Aims For 28-33% AUM Growth In Three Years With 4.0-4.5% Return On Assets And 17-20% Return On Equity
Exchange Update • 22 days ago
Aye Finance: Reports 26% Increase In AUM YoY; GNPA Improved By 0.57% YoY; Disbursements Grew By 10% YoY.
Exchange Update • 1 month ago
Aye Finance: New Chief Technology Officer Nishit Shrivastava Joins From Muthoot Fincorp.
Exchange Update • 1 month ago
Aye Finance: Appoints Nishit Shrivastava As New Chief Technology Officer To Lead Technology Changes.
Exchange Update • 1 month ago
Aye Finance expects loan growth to stay strong even if RBI hikes rates - CNBC TV18
CNBCTV18 • 1 month ago
Top stocks in news: ICICI Pru AMC, Vedanta, BEL, Aye Finance, IRB Infra, Foseco, Juniper Green, PFC - BusinessToday
Business Today • 2 months ago
Aye Finance Block Deal: Alpha Wave India may sell entire 7.8% stake; Rs 320 crore deal at 5.5% discount
ZEE Business • 2 months ago
Alpha Wave pares Aye Finance stake; Singularity, F3 Advisors among key buyers - CNBC TV18
CNBCTV18 • 2 months ago
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Articles about AYEFin on our blog

Frequently Asked Questions about AYEFin

AYEFin was founded in 2014.

AYEFin is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Sanjay Sharma is the CEO of AYEFin, as recorded in our data. They have also founded this company.

AYEFin is a funded company, having raised a total of $164.43M across 37 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $9.85M, raised on Dec 2014.

AYEFin has 6,362 employees.

The primary company behind AYEFin, Aye Finance Limited, reported revenue of ₹1,863 Cr for FY 2026, up 24% year on year.

Aye Finance was established in 2014 in Gurugram, India, within the financial services sector. Loans are offered to micro and small businesses to facilitate their economic development. Operations center on providing accessible funding solutions tailored to these enterprises, supporting their operational needs across India. Key leadership includes roles in finance, technology, and strategy to manage lending activities.

AYEFin's top competitors include InCred, Clix Capital and DMI Finance.

Yes, AYEFin is publicly traded on BSE under the ticker symbol AYE.

AYEFin has 44 investors. Key investors include DCB Bank, Northern Arc Capital, Goldman Sachs, Hinduja Leyland Finance, and State Bank of India.

The valuation of AYEFin is $315.23M as of Dec 2023.

AYEFin operates through Aye Finance Limited.

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