Azure Architect

Every institution has a starting point. For Northern Arc Capital, that journey began in 1989 in Madras (now Chennai) as Highland Leasing & Finance Private Limited.

Over the years, the company underwent a significant transformation. Following its acquisition by IFMR Trust in 2008, it became IFMR Capital Finance Private Limited. In 2018, as part of a strategic rebranding, it was renamed Northern Arc Capital Limited reflecting its evolution into a forward-looking financial services platform.

Northern Arc Capital is a diversified financial services platform dedicated to meeting the credit needs of underserved households and businesses across India. Operating at the intersection of lending, investments, and technology, the company has built a model designed to enable efficient and scalable credit delivery.

This model is anchored in a dual-channel approach:

• Direct-to-Customer (D2C) lending across core sectors such as MSMEs, consumer finance, and rural finance
• Credit Solutions for Originator Partners, including fund management, structured debt placements, intermediate retail lending, and SaaS offerings

Together, these channels enable Northern Arc to address critical credit gaps with a focus on inclusion, scale, and sustainability.

The impact of this approach is reflected in the company’s reach and ecosystem.

Since 2009, Northern Arc has facilitated over INR 2.2 trillion in financing, reaching more than 130 million lives across 28 states, 7 union territories, and 680 districts.

Its wide distribution network includes 360+ branches, 50+ digital and retail lending partners, 350 originator partners, and 1,300+ investors, making Northern Arc one of the most extensive players in India’s retail credit ecosystem.

Over time, the company has strengthened its capital base and investor participation. Alongside other marquee investors, institutions such as IFC have contributed to its growth journey.

FY 2024–25 marked a landmark year in Northern Arc’s journey. The company successfully completed its Initial Public Offering in September 2024, raising INR 777 crore (including INR 500 crore of primary capital). These milestones further strengthen its capital base and position the company for the next phase of growth.