Northern Arc

Northern Arc

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Investment Firm

Overview

Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households.

Northern Arc Capital formerly Known as IFMR Capital.

Highlights

Founded

2008

Industry

Financial Services

Employees

251-500

Investment

56

Lead Investment

31

Exits

4

Stages

Early Stage Venture, Late Stage Venture

Investor Type

Venture Debt

Location

India, Asia

Contact Information

Social

Profile Resume

Northern Arc, established in 2008 and headquartered in India, Asia., specializes in Early Stage Venture, Late Stage Venture investments across Financial Services, Finance, FinTech, Lending, Small and Medium Businesses, B2B, Software, Venture Capital, Personal Finance, Apps. The organization boasts a portfolio of 56 investments, with an average round size of $11.6M and 4 successful exits. Their recent investments include Jana Small Finance Bank, axio, LoanTap, India Quotient, Kae Capital. The highest investment round they participated in was $23.9B. Among their most notable exits are Jana Small Finance Bank and axio. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Kshama Fernandes

Kshama Fernandes

Chairperson

imagePlace Bama Balakrishnan

Bama Balakrishnan

COO

imagePlace Pardhasaradhi R

Pardhasaradhi R

Chief Risk Officer

Investment portfolio

Northern Arc has made 56 investments. Their most recent investment was on Apr 16, 2024, when GPS Renewables raised $49.2M.

investments

56

Diversity investments

0

Lead investments

31

Number of exits

4

Investments

56

Annouced DateOrganization NameIndustryMoney Raised
Mar 26, 2024--2.4M
Apr 03, 2024
Metalbook Metalbook
Online Portals3.0M
Apr 16, 2024
GPS Renewables GPS Renewables
Waste Management49.2M
May 17, 2024
Edgro Edgro
-25.0M

Exits

4

Funding Timeline

Funding rounds

56

Investors

17

Funds

2

Funding Rounds

56

Northern Arc has raised 56 rounds. Their latest funding was raised on May 17, 2024 from a Debt Financing - Edgro round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Mar 26, 2024
Debt Financing - Adonmo Debt Financing - Adonmo
-2.4M-
Apr 03, 2024
Debt Financing - Metalbook Debt Financing - Metalbook
-3.0M-
Apr 16, 2024
Debt Financing - GPS Renewables Debt Financing - GPS Renewables
-49.2M-
May 17, 2024
Debt Financing - Edgro Debt Financing - Edgro
-25.0M-

Investors

22

Northern Arc is funded by 22 investor(s). FMO and International Finance Corporation Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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