OUR PORTFOLIO
Northern Arc Capital
33m
PEOPLE REACHED
$10bn
DEBT FINANCING
540
INDIAN DISTRICTS REACHED
Northern Arc Capital
Northern Arc Capital provides a bridge between debt capital markets and high-quality debt originators in India. By providing efficient and reliable access to debt for such lenders, the company is enabling a steady supply of finance for financially-excluded families and businesses in this emerging economy.
Since its inception in 2008, Northern Arc Capital, formerly IFMR Capital, has enabled debt financing using a variety of structures, such as direct loans, securitisation, guarantees, arrangement and placement of commercial paper, bonds, debentures, and other capital markets products, across sectors like microfinance, small business loans, affordable housing finance, vehicle finance and agri-finance.
The LeapFrog Difference
LeapFrog invested in Northern Arc Capital (then called IFMR Capital) in 2014. Our investment has assisted the company on its rapid growth trajectory, expanding its customer base, broadening into new regions of India and deepening its access to a wider class of international investors.
Since our investment, we have partially sold down our stake in Northern Arc Capital in exits to IIFL Special Opportunities Fund, Standard Chartered Private Equity, Affirma Capital and Eight Roads Ventures, however we retain a shareholding and remain bullish about the future of this market innovator as it works to digitise its business and forge strategic alliances across new markets for further diversification.
Financial Services
Northern Arc Capital is one of many financial services companies we have invested in. Learn more about the other innovative and impactful businesses LeapFrog has partnered with.
