- 1,85,000 registered traders drive ~150% quantity development in FY24
altGraaf, another fixed-income platform providing fixed-income merchandise, at this time introduced a milestone achievement of 3300+ crores of investments from greater than 1,85,000 registered traders, crediting their success to their invaluable clients, companions and purchasers.
The 3300+ crore investments signify a 153% quantity development and 146% development in new person addition in FY24.
By way of its intense deal with modern merchandise, good risk-adjusted returns, robust due diligence course of, easy-to-use digital platform, and buyer focus, the FinTech platform has processed 2700+ Crores in Reimbursement to this point and supplies traders with alternatives that had been beforehand restricted solely to high-net-worth people.
AI Development is the mother or father firm of altGraaf model, based in September 2021 with the imaginative and prescient of democratizing the fixed-income funding area in India. altGraaf provides traders curated fixed-income investments together with unlisted high-yield bonds, Bill Discounting, Asset Leasing, and Enterprise Debt/Income-based financing.
Commenting on the corporate’s unimaginable development journey, Mr. Jayaprakash Okay, Chief Development Officer of AI Development Pvt Ltd (mother or father firm of altGraaf), mentioned: “In an exterior setting the place excessive inflation and rates of interest proceed to dampen the efficient yields on conventional mounted revenue devices, altGraaf helps Indian traders uncover various funding alternatives. Our robust tech-enabled platform, customer-first mentality, and stringent credit score danger framework will proceed to drive our development as we deal with reaching new milestones in FY25. We stay grateful for his or her belief by means of our journey and proceed to convey high-quality alternatives to the platform.”
All alternatives endure due diligence and credit score analysis course of earlier than being introduced on to the platform. The method doesn’t finish post-onboarding of a shopper and continues with asset monitoring till the maturity of an funding. This meticulous funding strategy has helped the corporate keep Gross Non-Performing Property lower than 0.50%, with greater than 2,700 crores value of funding repayments being accomplished on time.
The platform goals to assist traders construct a various fixed-income funding portfolio by collaborating in alternatives throughout tenures, dangers, yields, merchandise, and sectors. This allows the shoppers to keep away from market volatility, have a secure yield portfolio, and have well-planned cashflows. The alternatives sourced span numerous sectors together with manufacturing, trend, chemical substances, e-commerce, actual property, NBFC, meals, agriculture, microfinance, photo voltaic, provide chain, and even fintech area. Alternatives on the platform vary from 30 days to three years, annual yields 10% – 18%, and danger between very low to very excessive.
Prospects can simply make investments, monitor, and monitor all their investments by way of their web site or by means of a handy cellular app that’s accessible each in Android and apple shops.
Backed by main VC funds like Accel and Concord Companions in addition to marquee traders and reputed household places of work, the skilled group at Bengaluru-based altGraaf is focussed over the subsequent yr when it comes to increasing their product choices, constructing on their digital & expertise capabilities and increasing accessibility of their curated choices to extra clients.
About AltGraaf
AltGraaf is the primary horizontal distribution platform for high-yield mounted Revenue investments in India. It’s a part of AI Development Non-public Restricted, led by an exceptionally seasoned and well-experienced group with over 100 years of expertise in Banking and Monetary Companies. They’re backed by main VC funds like Accel and Concord Companions in addition to marquee traders and reputed household places of work. altGraaf is on a mission to simplify and democratize entry to new-age investments for particular person traders. They provide solely curated alternatives with their robust due diligence course of.
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