Nikhil Date

Northern Arc Capital Limited (NACL) is a diversified financial services platform focused on expanding the flow of credit to individuals and businesses across India. The Company operates a differentiated credit model that combines Direct-to-Customer (D2C) lending with Credit Solutions for Origination Partners. Under its D2C lending business, NACL lends directly from its balance sheet to end customers across the MSME, consumer, & rural segments through a nationwide network of 432 branches & 57 digital partnerships. Complementing this, the Credit Solutions business enables 368 Origination Partners to access capital through Northern Arc’s fund management platform, placements from external investors, & the Company’s own balance sheet. Together, this integrated approach has facilitated financing of approximately INR 2.5 trillion to date, impacting about 140 million lives. As a platform, NACL manages assets aggregating INR 19,686 crore, comprising a lending balance sheet of INR 16,594 crore & assets under management of INR 3,092 crore within its fund business. In addition, the Company has facilitated credit placements of INR 1.3 trillion to external investors. The platform is powered by technology, data-driven underwriting, & deep sectoral expertise, positioning Northern Arc as a distinctive and scalable credit solutions franchise within the financial services ecosystem. It is backed by leading global investors including LeapFrog Investments, Affirma Capital, Eight Roads, the International Finance Corporation (IFC) and SMBC, & is guided by an experienced & highly regarded Board of Directors. The Northern Arc group comprises NACL which is the holding & operating company; Northern Arc Investment Managers Limited, which houses the fund management business; Northern Arc Securities Private Limited, which operates the online bond platform; Pragati Finserv Private Limited, exclusive rural distribution arm; & Northern Arc Foundation, the Company’s CSR arm. Data as of March 31