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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
12% above
industry average
Highly rated for
Job Security, Work-Life Balance, Work Satisfaction
Critically rated for
Salary & Benefits, Skill Development, Promotions/Appraisal
Work Policy
Alternate Saturday off
67% employees reported
Strict timing
67% employees reported
Within country
100% employees reported
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?
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3
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Category Ratings
4.5
Job Security
4.4
Work-Life Balance
4.4
Work Satisfaction
3.3
Company Culture
3.0
Promotions/Appraisal
3.0
Skill Development
2.9
Salary & Benefits
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 | 4.2/5 based on 1.2k reviews | 3.4/5 based on 5 reviews | 3.4/5 based on 309 reviews |
Highly Rated for | Job Security Work-Life balance Work Satisfaction | Salary & Benefits Work-Life balance Job Security | No highly rated category | No highly rated category |
Critically Rated for | Salary & Benefits Skill development Promotion/Appraisals | No critically rated category | Company culture Work-Life balance Promotion/Appraisals | Job Security Company culture Work-Life balance |
Primary Work Policy | - | Work from office 89% employees reported | - | Work from office 76% employees reported |
Rating by Women Employees | - no rating available | 4.0 Good rated by 52 women | - no rating available | 3.6 Good rated by 34 women |
Rating by Men Employees | - no rating available | 4.2 Good rated by 1.1k men | - no rating available | 3.4 Average rated by 258 men |
Job Security | 4.5 Good | 4.0 Good | 3.2 Average | 3.0 Average |
View more
Northern Arc Salaries
2.9
rated by 5 employees for salariesSenior Associate
(16 salaries)
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₹13 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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₹16 L/yr - ₹25 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
Deputy Vice President
(4 salaries)
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₹25 L/yr - ₹50 L/yr
AVP
(4 salaries)
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₹18 L/yr - ₹29 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
Credit Manager
(2 salaries)
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₹16.7 L/yr - ₹21.3 L/yr
Northern Arc News
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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