I am happy to share that UC Inclusive Credit Pvt, Ltd. (UCIC), an NBFC founded by Unitus Capital group, focused on lending to early-stage corporates in the impact sector has approved its audited results for FY 23-24. UCIC closed the year with an AUM of ~Rs.783 crore that translates to a growth of 52.5% vis a vis FY 23. The last 5 years CAGR of AUM is ~15x. The profit after tax stood at Rs. 18 crore resulting in an after-tax ROA of 3.4%. The portfolio quality continues to be strong with both Gross and Net NPA at 0%. .UCIC raised its series A round of ~Rs. 74 crore during FY 24 led by Insitor Impact Asia, taking the networth to just under Rs. 200 Crores as of March 31, 2024. UCIC is blessed to have support of 33 lenders including SIDBI, SBI, Indian Bank, Federal Bank, DCB Bank, Bandhan Bank, IndusInd Bank, IDFC First Bank, RBL Bank, State Bank of Mauritius, AU SFB, Jana SFB, Ujjivan SFB, ESAF SFB and Suryoday SFB, International lenders like DFC (erstwhile OPIC), MSDF, Rabo Foundation, reputed NBFCs like MAS, Maanaveeya, Nabsamruddhi, Nabkisan, Tata Capital, A K Capital, Vivriti, Chola, Credit Saison and Incred. UCIC boasts of a highly professional Board led by Founder Chairman Narayan Ramachandran with other team members being Eric Savage, Abhijit Ray (both Co-Founders of Unitus Capital) alongside two independent directors Ms. Sandhya Vasudevan and Ms. Padmaja Nair. UCIC disbursed ~Rs.2400 crore to 266 early-stage companies over the last 5 years and are categorized as a 2x company. #funding #startups #banking #impactinvesting #ucinclusivecredit #unituscapital #growth #nbfc #venturedebt #debtfunding
UC Inclusive Credit
Financial Services
Bangalore, Karnataka 3,409 followers
We provide creative and timely debt to Companies that seek to maximize positive social and financial value.
About us
UC Inclusive Credit Pvt Ltd. (UCIC), incubated by Unitus Capital, is an impact-focused Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. Based in Bangalore (India), which is considered a leading hub of social innovation and entrepreneurship, UCIC is focused on positively impacting the lives of millions of people by supporting companies with creative and timely debt capital.
- Website
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http://www.ucinclusive.in
External link for UC Inclusive Credit
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Bangalore, Karnataka
- Type
- Privately Held
- Founded
- 2019
Locations
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Primary
Kaiser-E-Hind, 9/3
Richmond Road
Bangalore, Karnataka 560064, IN
Employees at UC Inclusive Credit
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Parjanyadeb Bhattacharyya
Head of Monitoring
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Shrihari Kulkarni
Chief Risk Officer at UC Inclusive Credit
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Swarup Bose
Investment Professional- Venture Debt
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B P Chandan Shri Guru
Senior Investment Analyst at UC Inclusive Credit Pvt Ltd | MBA- Finance, CMS Business School, Jain University
Updates
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At UC Inclusive Credit, we prioritize deepening team connections and crafting unforgettable moments. We kicked off the new financial year with our annual team offsite to Sri Lanka, immersing ourselves in an ocean of historical richness and natural beauty. From dynamic ideation during our strategy sessions, fun team building activities, thrilling bus journey and scuba dives to leisurely beach visits and city explorations in Galle, every activity fostered camaraderie among team members and their families. The trip was a blend of cherished memories, valuable insights, and deepened personal connections beyond the confines of our work environment. Here's to many more enriching journeys ahead!! #AnnualOffsite #SriLanka #Team #UCIC #Memories #TeamBonding #MemorableExperiences #StrategicIdeation #BeyondWork #TravelTogether
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As we celebrate the festival of colors, let's embrace the spirit of joy and unity. May this vibrant occasion fill your life with hues of happiness, success, and prosperity. At UC Inclusive Credit we value the diversity and unity that this festival represents. As we celebrate Holi let's spread love, laughter, and positivity in our workplace and communities. Wishing you and your loved ones a happy and colorful Holi! #Holi2024 #UCIC #Colours #Festival
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We are delighted to announce that our Co-founder and Managing Director Mr. Abhijit Ray would be speaking at the LendTechX'24 on the 15th of March 2024 in Bengaluru. Vikas Sarda Eric Savage Amit Kumar Rathi #B2B #Lending #UCIC #DigitalLending #Payments #LendTechX
Get ready for industry insights, networking and the future of #digitallending at LendTechX'24, on 15th March in Bengaluru Our Guest of Honour Satyaki Rastogi, CGM, SIDBI(Small Industries Development Bank of India) Our Keynote Speakers MAHESH THAKKAR, Director General, FIDC India Jiji Mammen, Executive Director & CEO, Sa-Dhan Jatinder HANDOO, CEO, Digital Lenders Association of India (DLAI) Our speakers Vivekanand Salimath,Chairman, IDF Financial Services Pvt/ Ltd CA Vijendra Shekhawat, GPM ,Director & CEO, Choice Pramod Kathuria,Founder & CEO,easiloan.com Anish Kila, Director, Perfect Finance Sumit Sharma, Founder & Director, Radian Finserv Private Limited Gorav Gupta, Co-Founder & Director, DigiMoney Finance Private Limited Rajesh Panda, Co-Founder & Director, Techfino Capital Private Limited Abhijit Ray, MD & CEO, UC Inclusive Credit Dr Kumaran Sampath, MD & CEO, AEGMA Capital Services Private Limited Nagendra Mali, MD & CEO, Navachetana Microfin Services Pon Aananth, MD & CEO, Pinke Capital Anjan Dasgupta,MD, ASA International India Microfinance Ltd. Bonani Roychoudhury, MD, NABSAMRUDDHI Finance Limited Rohit Mehta, MD, Akasa Finance Limited (Formerly known as Pooja Finelease Ltd.) Anil K Pinapala, Founder & CEO, Vivifi India Ashok Mittal, Founder & CEO, PrestLoans #b2bmarketmedia #thefoundermedia #LendTechX #InnovationinFinance #FutureOflending #digitallending
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“Health isn't a goal, it is a way of living” Last week UC Inclusive Credit went to Akshayakalpa Organic for a team outing. Akashayakalpa Organic shares a vision of a healthier and more sustainable food ecosystem through farmer-entrepreneurship initiatives, offering products like milk, curd, ghee, cheese, butter, paneer, buttermilk, honey, etc. The visit began with meeting Mr. Rajesh Babu (COO) sharing about the history and vision of the organization followed by a tour of animal R&D. We did bullock cart riding and team building activity of sowing in a raised plant bed. Post barbeque and dinner we painted on canvas under the moonlight and slept in tents. The next day we participated in a scavenger hunt activity and did the production plant tour followed by tasting all the organic and healthier products of Akshayakalpa Organic. It was a wonderful experience for the UC Inclusive Credit team, bringing back memories. Here are some pictures from the outing. #Akshayakalpa #Farm #Cow #HappyCow #HappyMilk #MilkProducts #Farmers #Natural #Organic #HormoneFree #A2 #Tent #BullockCart #UCInclusiveCredit
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As we bid farewell to an eventful 2023 and welcome the New Year 2024, we at UC Inclusive Credit want to take a moment to express our heartfelt thanks for being our well-wishers and take this opportunity to wish you, your family a Happy New Year 2024. May the coming year bring you an abundance of joy, prosperity, and fulfillment. Here's to new beginnings, renewed energy, and endless possibilities in 2024! Warmest wishes!! Team UCIC
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On the momentous occasion of Series A Equity Closing, we at UC Inclusive Credit celebrated the evening at The Chancery Pavilion, Bengaluru on the 29th of November 2023. The evening was about celebrating each one of our partners, stakeholders and colleagues who have contributed to making the journey, so far, remarkable and exciting! The energy, the laughter, the camaraderie was so highly visible till the end! It was fantastic to see the team come together, unwind, and celebrate the incredible journey with our supportive investors (new and existing) - Insitor, Aarin Capital, individual investors, and family offices – all our lenders, our Board of Directors, law firms, rating agencies, auditors, our Unitus Capital & UC Impower family, and the team that organized all arrangements. Your enthusiasm and positive vibes made the evening truly special. Can't wait for the next chapter of memories. Here's to many more moments of joy, success, and shared laughter at UC Inclusive Credit! #OfficeCelebration #Celebration #UCIC #EquityRaise #Growth #Innovation #Teamwork #SeriesA #Funding #SuccessJourney #CompanyGrowth #Dinner
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We are thrilled to share that UC Inclusive Credit closed a successful Series A equity raise bringing in US$ 8 million in funding from Insitor and existing investors. Article: https://lnkd.in/gS2e7k4S We would like to thank our very supportive lenders, amazing clients, ever-helpful investors, our highly professional Board, and also our hardworking and passionate team of UCIC without whom this milestone would not have been possible. Thanks a lot to the Unitus Capital team for being the exclusive financial advisor to the transaction. Special thanks to Atmadip Ray of the Economic Times for great coverage.. We're excited about the future and the opportunities this equity raise opens up. Abhijit Ray Eric Savage #UCIC #EquityRaise #Growth #Innovation #Teamwork #Thankful #SeriesA #Funding #SuccessJourney #CompanyGrowth
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UC Inclusive Credit wishes everyone a very Happy Diwali! On this auspicious occasion, may the glow of lights brighten up your path to happiness and prosperity. #HappyDiwali #FestivalofLights #Diwali2023 #LightsandLove #UCInclusiveCredit #DiwaliNights
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In this marathon called life, the last laugh is had by the one who knows how to balance work and health. Even high performing individuals, often struggle to balance their relentless drive for achievement and their personal health goals. Hence, we at UC Inclusive Credit conducted Health and Fitness Months which started in the month of June this year. As the last activity in this journey, we went for a 5 km run in Lal Bagh in the beginning of this month followed by Breakfast at Mavalli Tiffin Room (MTR). Here are some pictures we clicked that day. #Run #UCInclusiveCredit #Health #Fitness #Morning #Team #LalBagh #Challenges #Activities #Breakfast
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