郑重声明:斯道资本从没有通过微信、APP、网站或任何其他渠道以斯道资本名义进行任何此类活动,也没有授权任何实体或个人以斯道资本名义进行任何此类活动。斯道资本进一步声明其从不对外集资或募资,也不直接或间接销售任何投资理财产品,更不接受个人投资。

Northern Arc Capital is now a Public Company

Our partner company, Northern Arc Capital, a diversified financial services platform catering to the credit requirements of under-served small businesses and households in India, made its debut on the Indian National Stock Exchange earlier this week.

The issue of Northern Arc achieved an impressive IPO response with a subscription rate of 117.19 times. The raised funds will be used to meet future capital requirements towards onward lending.

Northern Arc Capital, founded in 2009, operates a diversified financial services platform designed to meet the diverse retail credit needs of under-served households and businesses across India. With a broad base of lenders, including banks, offshore financial institutions, and NBFCs, along with a variety of investors, the company enjoys a solid foundation for enhanced funding.

Eight Roads Ventures India first invested in Northern Arc in 2016 – our nearly decade long partnership is testament to the incredible growth, performance of the business and the strength of the management team.

Read about the IPO here

null
分享

The information on these pages is intended solely for the benefit of entrepreneurs and businesses seeking venture capital investment. Eight Roads does not offer and is not offering to provide investment advisory services nor is it offering to engage in any transactions in securities.