Unlike the usual path-to-IPO stories of many unicorn startups, Arpwood-backed SBFCs journey had a few differences — this company had a buyout private-equity firm at the board with experienced professionals driving the companys growth instead of promoter founders.
They included Abu Dhabi Investment Authority, Carmignac Portfolio, Loomis Sayles, and Neuberger Berman. Domestic investors such as Axis MF Aditya Birla Sun Life MF, ICICI Prudential MF, SBI MF and HDFC MF also participated
SBFC is a non-deposit taking NBFC that offers secured micro, small, and medium enterprises (MSME) and gold loans. Its 87% of the assets under management (AUM) consists of the loans with ticket size between Rs 5 lakh and Rs 30 lakh