Aye Finance is a new-age finance company providing business loans to small and micro enterprises across India.
Aye Finance offers loans to institutional and small businesses in Northern India.
Aye Finance was founded in 2014 by Sanjay Sharma and Vikram Jetley. The company is headquartered in Gurgaon, Haryana, India.
Aye Finance uses cutting-edge machine learning (ML) and artificial intelligence (AI) solutions in the majority of its crucial business processes. This enables them to asses a client’s willingness to pay, ability to pay and the resilience of their business network.
Aye Finance is dedicated to working with the most relevant technology to facilitate better financial inclusion and to consequently serve micro-enterprises across the country in a more holistic manner.
Aye Finance is backed by SAIF Partners, Accion, LGT Impact, CapitalG, LGT Lightstone, Falcon Edge Capital, Triple Jump BV, Northern Arc, BlueOrchard, Maj Invest, Symbiotics Investments, Elevation Capital, A91 Partners, and others. The company raised Rs 87 crore ($10.7M) in Debt financing on Nov 16, 2022. This brings Aye's total funding to $627.9M to date.