# Aye Finance Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aye-finance-private

- Industry: Financial Services
- Headquarters: West Delhi, India
- Website: www.ayefin.com
- Total disclosed funding: $165M
- Latest round: Series G (Sep 20, 2024)
- Investors on record: 10

## About

Aye Finance Private Limited is a financial technology company based in India, providing advanced solutions aimed at enhancing operational efficiency and financial decision-making for businesses.Aye Finance Private Limited, founded in 2014 in West Delhi, India, is focused on providing financial technological solutions. The company has not undergone any major pivots or changes in its business strategy since its inception. Vikram Jetley is the founder, who has a history in financial services. Aye Finance has raised INR 2500.00 mn through funding rounds, with the latest being a Series G round led by ABC Impact, which occurred in December 2024, marking their 39th deal.Aye Finance delivers a suite of advanced technological solutions in financial software and analytics. Their products enhance financial decision-making and operational efficiency, featuring real-time data processing capabilities. The company targets a diverse client base, including financial institutions and corporate finance departments, particularly in North America and Europe.In the most recent year, Aye Finance reported a revenue of INR 73,758,764.60 and an EBITDA of INR 34,988,595.20 for the year 2023.In December 2024, Aye Finance Private Limited raised INR 1,100 mn in venture debt funding from new investors, including ASK Investment Managers Ltd., MAS Financial Services, and Yubi, along with returning investor Northern Arc Investments. The funding will be utilized to support its Non-Banking Financial Company (NBFC) operations, positioning the company for further business expansion.

## Funding rounds

- Series G, Sep 20, 2024, $30M — British International Investment, ABC Impact
- Series F, Dec 13, 2023, $37M — British International Investment, A91 Partners, Waterfield Advisors
- Series E, Jul 15, 2020, $28M — LGT Capital Partners, Maj Invest, Alpha Wave Global, CapitalG, A91 Partners
- Series D, Mar 6, 2019, $33M — LGT Capital Partners, Maj Invest, Alpha Wave Global, CapitalG
- Series C, Jun 19, 2018, $22M — LGT Capital Partners, CapitalG, Elevation Capital
- Series B, Nov 28, 2016, $10M — LGT Capital Partners, Accion, Elevation Capital
- Series A, Aug 14, 2015, $3.1M — Accion, Elevation Capital
- Series A, Feb 20, 2015, $1M — Accion, Elevation Capital

## Investors

- Accion (https://capitalatlas.ai/funds/accion) — Series A, Series B
- Elevation Capital — Series A, Series B, Series C
- LGT Capital Partners (https://capitalatlas.ai/funds/lgt-capital-partners) — Series B, Series C, Series D, Series E
- CapitalG (https://capitalatlas.ai/funds/capitalg) — Series C, Series D, Series E
- Maj Invest (https://capitalatlas.ai/funds/maj-invest) — Series D, Series E
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series D, Series E
- A91 Partners (https://capitalatlas.ai/funds/a91-partners) — Series E, Series F
- British International Investment — Series F, Series G
- Waterfield Advisors (https://capitalatlas.ai/funds/waterfield-advisors) — Series F
- ABC Impact (https://capitalatlas.ai/funds/abc-impact) — Series G