Introduction to Northern Arc Capital
Northern Arc Capital Limited, founded in March 1989, has established itself as a prominent diversified financial services platform in India. Primarily focusing on the credit needs of underserved households and businesses, the company pursues a clear objective: to create comprehensive credit offerings that cater to the various sectors within the country.
Financial Inclusion and Growth
Since entering the financial inclusion space in 2009, Northern Arc Capital has made significant strides. As of March 31, 2024, it is anticipated that the company will have facilitated financing exceeding ₹ 1.73 trillion, positively impacting over 101.82 million individuals in India. This growth is impressive and highlights the crucial role Northern Arc plays in enhancing access to credit for vulnerable populations.
Core Areas of Expertise
The company has cultivated expertise in several focus sectors, including micro, small, and medium enterprises (MSME), microfinance (MFI), consumer financing, vehicle financing, affordable housing financing, and agricultural financing. Its active engagement in the MSME sector for over 14 years, the MFI sector for 15 years, and the consumer credit sector for nine years exemplifies its commitment to supporting essential financial channels in India.
With innovative digital financing solutions powered by a proprietary technology platform, Northern Arc Capital continues to address the credit demands of India’s underserved population. By enhancing financial access through its three main channels—lending, placement, and fund management—the company remains a vital player in driving India’s financial inclusion agenda forward.