ELECTRONICA FINANCE LIMITED
ISIN: INE612U08066
About The Issuer
Electronica Finance Limited (EFL), established in 1990, is a leading Non-Banking Financial Company (NBFC) in India, specializing in providing financial solutions to Micro, Small, and Medium Enterprises (MSMEs). As a part of the SRP Electronica Group, EFL offers a diverse range of products, including machinery loans, business loans, rooftop solar loans, and loans against property. With over 200 branches across India and a customer base exceeding 50,000, EFL has an Assets Under Management (AUM) of more than INR 5,000 crore. In April 2024, the company secured $48 million in Series B funding, led by LeapFrog Investments and supported by Aavishkaar Capital, to bolster its MSME financing initiatives, particularly in India's manufacturing sector.