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Northern Arc
4.3
based on 5 Reviews
Working at Northern Arc
Company Summary
Debt financing for small businesses and individuals with low income
Overall Rating
4.3/5
based on 5 reviews
13% above
industry average
Highly rated for
Job security, Work-life balance, Work satisfaction
Critically rated for
Salary, Promotions, Skill development
Work Policy
Day shift
100% employees reported
View detailed work policy
About Northern Arc
Founded in2008 (17 yrs old)
India Employee Count51-200
Global Employee Count201-500
India HeadquartersChennai,Tamil Nadu, India
Office Locations
--
Websitenorthernarc.com
Primary Industry
Other Industries
--
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Northern Arc Capital (Formerly known as IFMR Capital) is a Non-Banking Finance Company that provides access to debt for under-banked individuals and businesses in India. Through a combination of our capital, products and partnerships, we have created a platform that connects millions of borrowers to mainstream debt investors. We follow a focused approach of underwriting the credit we best understand.
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Northern Arc Ratings
based on 5 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
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4
1
3
1
2
1
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Category Ratings
4.5
Job security
4.4
Work-life balance
4.3
Work satisfaction
3.3
Company culture
3.0
Skill development
3.0
Promotions
2.9
Salary
Northern Arc is rated 4.3 out of 5 stars on AmbitionBox, based on 5 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
Northern Arc Reviews
Compare Northern Arc with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 5 reviews | 3.2/5 based on 146 reviews | 3.8/5 based on 308 reviews | 3.9/5 based on 231 reviews |
Highly Rated for | Job security Work-life balance Work satisfaction | No highly rated category | Work-life balance Company culture | Work-life balance Job security Company culture |
Critically Rated for | Salary Skill development Promotions | Salary Company culture Promotions | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 100% employees reported | - | Work from office 92% employees reported |
Rating by Women Employees | - no rating available | 2.3 Poor rated by 31 women | 4.0 Good rated by 79 women | 3.4 Average rated by 37 women |
Rating by Men Employees | - no rating available | 3.4 Average rated by 111 men | 3.7 Good rated by 192 men | 3.9 Good rated by 153 men |
Job security | 4.5 Good | 3.0 Average | 3.7 Good | 3.8 Good |
View more
Northern Arc Salaries
Northern Arc salaries have received with an average score of 2.9 out of 5 by 5 employees.
Senior Associate
(16 salaries)
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₹15 L/yr - ₹25 L/yr
Associate Director
(7 salaries)
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₹20 L/yr - ₹47 L/yr
Associate Vice President
(5 salaries)
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₹19 L/yr - ₹36 L/yr
Deputy Vice President
(5 salaries)
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₹25 L/yr - ₹50 L/yr
Assistant Vice President
(4 salaries)
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₹15 L/yr - ₹30 L/yr
Director
(4 salaries)
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₹32 L/yr - ₹50 L/yr
AVP
(4 salaries)
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₹18 L/yr - ₹29 L/yr
Associate Product Manager
(3 salaries)
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₹7 L/yr - ₹20 L/yr
Relationship Manager
(3 salaries)
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₹4 L/yr - ₹6 L/yr
Company Secretary
(3 salaries)
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₹20 L/yr - ₹49 L/yr
Northern Arc Jobs
Popular Designations Northern Arc Hires for
Relationship Manager Sales
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Popular Skills Northern Arc Hires for
Northern Arc News
Exclusive: GIVA Raises INR 102 Cr To Open New Stores
- D2C jewellery brand GIVA has raised INR 102 Cr (about $11.7 Mn) in a mix of equity and debt from Alteria Capital and Northern Arc.
- GIVA plans to use the capital for general corporate purposes and setting up new retail outlets.
- The Premji Invest-backed jewellery startup operates 199 stores across Tier I and II cities in India.
- This is the second fundraise by GIVA in the last five months, following a previous funding round led by Premji Invest.
Inc42 | 10 Mar, 2025
Today Startup News 03 January 2025 From The Indian Startup Ecosystem
- Balmer Lawrie invests Rs 1 crore in NapTapGo, an innovative startup in the hospitality sector.
- EV Financer Mufin Green secures $18 million loan from US DFC with a 10-year repayment term.
- Fintech startup Aye Finance raises INR 110 crore in debt funding from investors like Northern Arc, ASK Financial Holdings, MAS Financial Services, and CredAvenue.
- DPIIT partners with Startup Policy Forum to boost India's innovation landscape.
VIE Stories | 3 Jan, 2025
Northern Arc secures $65M debt commitment for maiden climate fund
- Northern Arc has secured $65 million in debt commitments for its maiden Climate Fund.
- The debt commitments include $50 million from the United States International Development Finance Corp (DFC) and $15 million from the official Development Bank of the Republic of Austria, OeEB.
- The fund aims to address critical funding gaps of growth stage startups in the solar energy, e-mobility, sustainable agriculture, and circular economy spaces.
- Northern Arc has assets under management worth Rs 15,121 crore through its balance sheets and active AIF funds.
Yourstory | 7 Nov, 2024
Northern Arc Secures $65 Mn Debt Commitment from Global Development Banks for Maiden Climate Fund
- Northern Arc has secured $65 million in debt commitments for its maiden Climate Fund.
- The debt commitments include $50 million from the United States International Development Finance Corporation (DFC) and $15 million from OeEB, the official Development Bank of the Republic of Austria.
- The climate fund will provide debt financing to businesses involved in energy efficiency, green buildings, e-mobility, sustainable agriculture, and solar energy.
- The fund aims to promote sustainable development and support climate-driven enterprises in India.
VIE Stories | 7 Nov, 2024
Northern Arc stock ends 6.4% higher on Q2 results
- Northern Arc stock ends 6.4% higher on Q2 results
- NACL reported a 24% increase in consolidated net profit to ₹96 crore
- Total income increased 34% to ₹585 crore
- Gross non-performing assets (NPAs) ratio stood at 0.60%
HinduBusinessLine | 29 Oct, 2024
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Northern Arc FAQs
When was Northern Arc founded?
Northern Arc was founded in 2008. The company has been operating for 17 years primarily in the Financial Services sector.
Where is the Northern Arc headquarters located?
Northern Arc is headquartered in Chennai,Tamil Nadu.
How many employees does Northern Arc have in India?
Northern Arc currently has approximately 100+ employees in India.
What are the pros and cons of working in Northern Arc?
Working at Northern Arc comes with several advantages and disadvantages. It is highly rated for job security, work life balance and work satisfaction. However, it is poorly rated for salary & benefits, skill development and promotions / appraisal, based on 5 employee reviews on AmbitionBox.
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