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Aye Finance
4.2
based on 1.2k Reviews
Company Overview
Company Locations
Working at Aye Finance
Company Summary
Money lending company offering loans to small and micro ventures
Overall Rating
4.2/5
based on 1.2k reviews
20% above
industry average
Highly rated for
Salary & Benefits, Work-Life Balance, Company Culture
Work Policy
Work from office
87% employees reported
Monday to Saturday
58% employees reported
Strict timing
53% employees reported
Within city
52% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
70 employees reported
Health insurance
62 employees reported
Office cab/shuttle
22 employees reported
Professional degree assistance
14 employees reported
View all benefits
About Aye Finance
Founded in2013 (11 yrs old)
India Employee Count5k-10k
Global Employee Count--
India HeadquartersDelhi,NCT, India
Office Locations
Websiteayefin.com
Primary Industry
Other Industries
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We are a finance company aiming to provide innovative and customer centered financial services to micro and small businesses through knowledgeable team, effective technology and robust processes, to power their growth into the new-age India. Over 60 million small and micro businesses in India face a huge obstacle to their progress – lack of access to formal banking system and capital. Many of them are in unorganized sectors, do not maintain detailed business accounts, do not have any credit history and loan needs are often very small. We aim to bridge this gap.
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AmbitionBox Best Places to Work in India Awards
Awards 2022
Awards 2021
Awards are based on 2021 reviews and ratings by employees of the company.
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Aye Finance Ratings
based on 1.2k reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
749
4
205
3
100
2
42
1
106
Category Ratings
4.1
Salary & Benefits
4.0
Work-Life Balance
4.0
Company Culture
4.0
Job Security
4.0
Skill Development
3.9
Work Satisfaction
3.8
Promotions/Appraisal
Aye Finance is rated 4.2 out of 5 stars on AmbitionBox, based on 1.2k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Aye Finance
based on 1.1k reviews
4.1
Rated by 51 Women
Rated 4.1 for Job Security and 3.9 for Work-Life Balance
4.2
Rated by 1.1k Men
Rated 4.1 for Salary & Benefits and 4.0 for Company Culture
Work Policy at Aye Finance
based on 150 reviews in last 6 months
Work from office
87%
Hybrid
8%
Permanent work from home
5%
Aye Finance Reviews
Top mentions in Aye Finance Reviews
+ 5 more
Compare Aye Finance with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.2/5 based on 1.2k reviews | 3.2/5 based on 359 reviews | 3.7/5 based on 170 reviews | 3.4/5 based on 303 reviews |
Highly Rated for | Salary & Benefits Work-Life balance Company culture | No highly rated category | No highly rated category | No highly rated category |
Critically Rated for | No critically rated category | Job Security Promotion/Appraisals Work Satisfaction | Promotion/Appraisals | Company culture Job Security Work-Life balance |
Primary Work Policy | Work from office 87% employees reported | Work from office 76% employees reported | Hybrid 46% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 4.1 Good rated by 51 women | 3.2 Average rated by 54 women | 3.7 Good rated by 35 women | 3.5 Good rated by 33 women |
Rating by Men Employees | 4.2 Good rated by 1.1k men | 3.2 Average rated by 281 men | 3.8 Good rated by 124 men | 3.4 Average rated by 253 men |
Job Security | 4.0 Good | 2.7 Poor | 3.5 Good | 3.0 Average |
View more
Aye Finance Salaries
4.1
rated by 1.2k employees for salariesBranch Credit Officer
(161 salaries)
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₹2 L/yr - ₹3.8 L/yr
Branch Manager
(159 salaries)
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₹3.3 L/yr - ₹7.4 L/yr
Credit Officer
(149 salaries)
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₹2.2 L/yr - ₹4 L/yr
Collection Officer
(135 salaries)
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₹1.9 L/yr - ₹3.7 L/yr
Assistant Credit Manager
(126 salaries)
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₹2.9 L/yr - ₹6 L/yr
Loan Advisor
(117 salaries)
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₹1.8 L/yr - ₹3.5 L/yr
Field Credit Officer
(84 salaries)
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₹1.8 L/yr - ₹3.2 L/yr
Branch Operation Officer
(84 salaries)
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₹1.8 L/yr - ₹3 L/yr
Assistant Sales Manager
(70 salaries)
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₹2.3 L/yr - ₹4.8 L/yr
Team Lead
(68 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
Aye Finance Interview Questions
Interview questions by designation
Top interview questions and answers
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Interview Process at Aye Finance
based on 13 interviews in last 1 year
Interview Experience
4.2
Good
Difficulty level
Easy
40%
Moderate
60%
People are getting interviews through
based on 42 Aye Finance interviews
Job Portal
38%
Referral
26%
Walkin
17%
Company Website
7%
*12% candidates got the interview through other sources
High confidence
Aye Finance Jobs
Aye Finance News
View all
Aye Finance’s Profit Zooms 37% To INR 108 Cr in H1 FY25
- NBFC Aye Finance's net profit surged 37% to INR 107.80 Cr in H1 FY25.
- Revenue from operations increased by 47% to INR 692.24 Cr in the first half of the fiscal.
- Aye Finance's IPO will comprise a fresh issue of shares worth up to INR 885 Cr and an offer-for-sale (OFS) component of up to INR 565 Cr.
- The company's assets under management (AUM) stood at INR 4,979.76 Cr, up 48% from a year ago.
Inc42 | 17 Dec, 2024
Aye Finance Files DRHP For INR 1,450 Cr IPO
- NBFC Aye Finance has filed its draft red herring prospectus with SEBI for a INR 1,450 Cr IPO.
- The IPO will have a fresh issue of equity shares worth INR 885 Cr and an offer-for-sale (OFS) of INR 565 Cr.
- Institutional investors like LGT Capital, CapitalG, A91 Fund, MAJ Invest, and Alpha Wave are participating in the OFS.
- Proceeds will be used for future capital requirements and existing business activities.
Inc42 | 17 Dec, 2024
NBFC firm Aye Finance plans Rs 1,450 Cr IPO
- Aye Finance, a non-banking financial company, has filed draft papers with SEBI for a Rs 1,450 crore IPO.
- The IPO includes a fresh issue of shares worth Rs 885 crore and an offer for sale of Rs 565 crore.
- Multiple selling shareholders, including Elevation Capital and Alpha Wave India, are offloading shares in the OFS.
- Aye Finance provides micro-scale loans to MSMEs and has a network of 478 branches across 18 states and 3 Union Territories.
Yourstory | 17 Dec, 2024
Alphabet-backed Indian lender files for $171M IPO
- Aye Finance, an Alphabet-backed lender in India, has filed for a $171 million initial public offering (IPO).
- The IPO consists of a $104 million fresh share issue and a $67 million secondary sale by existing investors.
- Proceeds from the IPO will be used to expand Aye Finance's loan portfolio and strengthen its capital base.
- The lender focuses on providing business loans to small businesses in the unorganized sector that are excluded from traditional banking systems.
TechCrunch | 17 Dec, 2024
Aye files DRHP for Rs 1,450 Cr IPO; largest backer Elevation skips OFS
- Aye (formerly Aye Finance) files DRHP for Rs 1,450 Cr IPO.
- The IPO includes a fresh issue of equity shares worth Rs 885 crore and an offer for sale (OFS) amounting to Rs 565 crore.
- Elevation Capital, the largest shareholder, is not participating in the offer for sale.
- Aye Finance offers microloans to micro and small enterprises and has recorded impressive revenue and profits.
Entrackr | 17 Dec, 2024
Alphabet-Backed Aye Finance Files Draft Papers For Rs 1,450 Crore-IPO
- Aye Finance, a non-banking financial company backed by Alphabet, has filed draft papers for its Rs 1,450 crore initial public offering.
- The IPO includes a fresh issue component of up to Rs 885 crore and an offer for sale segment worth Rs 565 crore.
- The funds raised through the IPO will be used to augment the company's capital base.
- Aye Finance focuses on providing loans to micro-scale MSMEs in India.
Bloomberg Quint | 17 Dec, 2024
Today Startup News 13 December 2024 From The Indian Startup Ecosystem
- OneCard has secured $25.5 million funding to enhance technology and develop new products.
- Inkers Technology, an AI-focused startup, has raised $3 million funding for its AI and ML solutions.
- Brookfield India REIT has raised Rs 3,500 crore in funding for long-term wealth building.
- Blinkit introduces 10-minute food delivery service with Bistro App, available for Android and Apple devices.
- Elevation Capital welcomes Krishna Mehra as Partner to strengthen investments in SaaS and AI sectors.
- Aye Finance plans to raise up to INR 1,450 crore through an IPO for small business loans.
- ShrikanthBolla, a blind student, builds a 500 Cr. company after being rejected by IIT.
VIE Stories | 13 Dec, 2024
Aye Finance Sets Stage for Public Listing with INR 1,450 Cr IPO
- Aye Finance, a non-banking financial company, has approved plans for a public listing.
- The company aims to raise up to INR 1,450 Cr through an IPO consisting of a fresh issue of shares and an offer for sale component.
- The IPO is part of Aye Finance's strategy to strengthen its financial position and expand in the lending market.
- The company reported significant growth in net profit and revenue for FY24, with its assets under management reaching INR 4,500 Cr.
VIE Stories | 13 Dec, 2024
Aye Finance Gets Board Approval For INR 1,450 Cr IPO
- NBFC Aye Finance has received board approval for an INR 1,450 Cr IPO.
- The IPO will include a fresh issue of shares worth up to INR 885 Cr and an offer for sale (OFS) component of INR 565 Cr.
- Aye Finance aims to strengthen its financial position and expand operations in the lending market through the IPO.
- The company has made changes to its board and appointed new directors ahead of the IPO.
Inc42 | 13 Dec, 2024
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