Genesis

Some of the major events

in the history of Arohan

2020
2019
2018
2017
2016
2015
2014
2012
2011
2010
2008
2007
2006
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01 Enabled digital repayment using digital wallets such as PayTM and PayU which make use of Aadhaar Pay Enabled Software platform, Bharat Bill Payment System platform, UPI and debit card
02 CARE MFI 1 grading from CARE
03 Social performance grading of the highest-rating SP1 from ICRA
04 Dual Credit Rating of A- with stable outlook from CARE & ICRA
05 On boarded Trackwizz, an anti-money laundering and compliance software
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01 Number of customers reached 2,000,000
02 Launched the ApnaBazaar application for cross-selling of products
03 Securitization deal of non-qualifying assets completed
04 Commenced operations in Manipur
05 Implementation of Diligent – a board management software
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01 Inorganic business portfolio reached INR 1,000 million
02 Number of customers reached 1,000,000
03 Intellecash merged with and into our Company pursuant to the Scheme
04 Commenced operations in Madhya Pradesh
05 Launched Adrenalin, the HRMS portal
06 Raised INR 990 million of external commercial borrowing from IFC
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01 Launch of "Arohan e-Bazaar" mobile application and "Bazaar 2.0" product
02 Gross loan portfolio reached INR 10,000 million
03 Completion of implementation of "PROFILE"
04 Commenced operations in Tripura and Uttar Pradesh
05 Undertook first disbursement through PayTM payments bank
06 Launch of “Perdix”, a centralized digital audit platform for internal audit
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01 Launched mobility solution which captures operational transactions on a real time basis through a mobile application
02 Commenced operations in Meghalaya and Chhattisgarh
03 Launched sanitation, mobile and bicycle loans
04 Undertook first cashless disbursement
05 Overall score of 8 out of 10 indicating “High Level of Adherence” in Code of Conduct Assessment Report conducted by ICRA Management Consulting Services Limited
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01 Commenced operations in Odisha
02 Number of operational branches reached 180
03 Achieved AUM of over INR 5,000 million
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01 Endorsement of status as an NBFC-MFI by the RBI
02 Commenced operations in Jharkhand
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01 Acquisition of controlling interest in our Company by Intellecash and AVMS
02 Acquisition of Intellecash’s microfinance portfolio in Bihar
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01 Number of customers crossed 200,000
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01 Number of customers crossed 100,000
02 Commenced operations in Assam
03 Launch of 'Pragati' loan product
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01 Launch of ‘Bazaar’ loan product
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01 Number of customers reached 10,000
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01 Commenced microfinance operations and disbursed its first microfinance loan in Kolkata