S.No.

Particulars Dependencies to start Dependencies to complete

1 FCA registration UK company registration
Check USA time
2 Insurance policies UK company registration
FCA registration (check)
Legal opinion on company
3 structure in UK and India UK company registration
4 India entity registration UK company registration
Factoring legal agreement and
5 offer letter NA UK company registration
FCA registration (check)
HNI/Family office legal
6 agreement documentation NA UK company registration
FCA registration (check)
7 2 Bank Accounts UK company registration
8 Website NA NA
Banking partner for document
9 routing check check
15 sales agreements/offer
10 letter Factoring offer letter UK company registration
11 10 HNI agreements notional HNI offer letter UK company registration
5 HNI agreements with 100%
12 conversion HNI offer letter UK company registration
13 Seed funding
14 Pitch preparation
15 Identify 2-3 recruiters NA NA
Pre-cursor to Total time estimate Cost estimate pre-seed ($) SPOC Jun-20
Starting business 1.5 months $750 AK

Starting business 6 months (check) $0

Hiring employees 2 months $0

Hiring employees 2 months $0

Starting business 2 months TBD

Raising debt 1 months TBD

Raising debt and factoring 15 days $200 ID

Raising debt and factoring $400 ID / AK
Starting Bank to bank
transactions 6 months

Seed funding 2 months ID

Seed funding 3 months MA

Starting business 3 months

Starting business 4 months
Seed funding 2 months
Hiring first 10 employees (tech,2 months
Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21
 Customers
Book size ($m)
Revenue ARR ($m)
Net interest margin ($m)
Per employee revenue ($k)
Per employee NIM($k)

Functions
2022 30lpa+ candidates
Min Max All
1 Public relations
2 Marketing
3 Account manager & Sales ((Influencer partnerships, events,
1 2 lead gen, customers)
1 1 4 Credit risk (u/w, collections)
5 Operations (exporter and buyer onboarding, invoice
processing)
6 Legal (legal agreements, entity legal structure, licensing,
taxation)
7 Finance (payroll, accounting)
8 Partnerships (Insurance Infrastructure and revenue
1 1 partnerships)
9
Banking partnerships (document routing, geography
partners, cost of transactions, ease of transactions like
1 1 Virtual accounts)
1 2 10 Capital markets (debt raising, securitization)
1 3 11 Technology/Product
12 Strategy (New initiatives, market landscape, overall metrics
tracking, funding support, website ownership)
13 HR (recruitment, admin, IT)
6 10

2.1

Strategic partnerships
2.2

Events & Sponsorships

2.3.1 Lead gen for demand and supply side (debt)
2.4 Website

Risk 4.1 exporter and buyer u.w

4.2 Portfolio u.w
4.3 Collections
 5.1 Buyer onboarding

6.1 Legal Agreements

6.3 Licensing

Cap markets 10.1 HNI lending

10.2 PR overseas
10.3 Hedge fund lending

Tech 11.1 Data connections

11.2 Underwriting model
11.3 User interfaces (debt investor and SME)

14.1 Difine Culture - refine difinition

14.2 Organise events, programs to reinforce culture
14.3 Later: Prepare Hiring guidelines/pay sacle/ promotion
guidelines
 50 200 550
10 30 100
1.2 3.6 12
0.5 1.4 4.8 ICICI
70.6 72.0 117.6 117.6 247.1
28.2 28.8 47.1 47.1 129.4

Est workforce
2021 2022 2023 2023 OptimistOWNER
17 50 102 102
0 1 2 2 TBD
0 1 2 2 MA

2 13 37 37 ID
2 4 6 6 AK

2 6 10 10 MA

1 2 4 4 AK
1 2 4 4 MA

1 3 5 5 ID

1 2 2 2 MA
2 4 7 7 MA
3 8 15 15 AK

1 2 4 4 AK
1 2 4 4 ID

Value chain
partners Banking
Export Associations E-commerce such as FF partnerships

Sponsoring
events like
seafood
Buying digital properties on CA festival,
club, etc. Dubai
Inbound Outbound DSA
Signing notification letter, making them aware of collections process

1 for every product, 1 for every type of debt investor

For factoring, reverse factoring, launching new countries, domestic factoring, etc.
Kotak
212.1
127.3

Functional Lead
Skill/Expertise 1 Skill/Expertise 2 Skill/Expertise 3 Behavioral SkilBehavioral Skill 2

Trade finance credAnalytical Adaptable to new technology

Banking/fintech exLiasoning Audit Hands on

Finance Understa Problem solving Team ManagemenHands on Hustler rather than perfecti

Analytical Presentation Bias to action

Communication Stakeholder management Initiative

200
Expert input
1 2 3

Ashish Kotiyal, Capital Float S Nagarajan, CRO, LendingKart Shalu Malviya, CRO, Indifi

Atulaa,Legal Associate, Setu Monika Sharma, Head Compliance,Lohitash, AVP Legal, Vayana

Deepesh Goel, Lending Kart (ReImportant Important

Important Important
Important Important
Swapnil, Backend Lead, Setu Naman, CTO Fitso

Leave for later as no hire in next 12 months?

Shravan, Fitso/Asian paints Shireen, Tower Watson
 4

Try to speak to Amanda Moss, Finn Partners (https://www.businesswire.com/news/home/20130403005246/en/

e/20130403005246/en/Victory-Park-Capital-Announces-75M-Credit-Facility)
Ishan
Mohit
Ankur

Public relations

Marketing (Influencer partnerships, events, lead

gen)

Account manager & Sales (India)

Credit risk (u/w, collections)

Operations (exporter and buyer onboarding,
invoice processing)

Legal (legal agreements, entity legal structure,

licensing, taxation)

Finance (payroll, accounting)

Partnerships (Insurance Infrastructure and
revenue partnerships)

Banking partnerships (document routing,

geography partners, speed and cost of
transactions, ease of transactions like Virtual
accounts)

Capital markets (debt raising, securitization)

Technology/Product

Strategy (New initiatives, market landscape,

overall metrics tracking, funding support,
website ownership)

HR (recruitment, admin, IT)

Equity - VC Funding
KPI 1

1. Product - Placement of Reevoy on various

forums to gain industry leader visibility
2. Company - Blogs, newletter for customers
and internal

Smart city
1. Complete list of Exporters shipping to top
graded buyers
2. Identify and shortlist top 3 cities to target 50
customers
3. Channel partner modus operandi framework
to utilise as outbound sales team (discuss)
4. Shortlist associations to partner with to go
deep in the market post Series A
Underwriting model and data sources (who is
responsible for getting new data sources? How
do we assess the person? What are the
capabilities?)

Invoice fund movement

Legal hygiene monitoring register:

1. What all data can we fetch?
2. Trademarks
3. Licenses (FCA)
4. VAT
5. Board resolutions
6. Hiring compliance
7. Office compliance
8. ESOP compliance
9. Employment VISA
10. Directorship

Unit economics monitoring

Insurance partnership:
1. Which market is going to give us insurance
in current ongoing scenario and 6 months
down the line
2. Director for UK Entity is it mandated?
3. Compliant requirements for insurance
4. Country of registration of the company for
ensuring insurance policy is an output
5. Clarity on trade history requirement, AML.

Document Routing
1. B2B transfer

Hiring:
1. Linkedin and secondary research profiling of
candidate landsacpe
2. Reachout linkedin and headhunter
3. Compensation planning
4. Interview panel setup
5. Legal and UK process compliance for hiring
Projects scoping framework (frequency of
prioritization, parameters) and finalizing:
1. Risk model mapping

Database building :
1. Exporters
2. CA's
3. Association
4. Buying house

Training and onboarding

1. Training material framework

2. Training material ready
3. Training program and onboarding
coordination
4. Onbarding goodies (tshirts, LinkedIn post
etc. tbd)
Amount of funding
KPI 2

Marketing collateral
1. Intro decks
2. Media pack (Logo sizes, few photos)
3. Web banners, Standees

Wallet share
1. Map shipment volumes from buyers to exporters so as
to model the expected wallet share output
2. Identify challenges with each exporter signed up which
may lead to churn - this will build a hypothesis on product
launches and signup to churn ratio understanding.
3. Design a QBR framework to be discussed on each
account internally and stakeholders of the customer
company.

Collections framework

Document checking and storage (invoice and agreements)

Onboarding legal partner in UK and India for customers,

debt, adhoc

Payroll provider, taxation

Hiring

Virtual Accounts
1. Set up account which allows multiple vitrual account by
June?

Strategy
1. Debt Amount by phased and timeline
2. Debt sources (paln A, Plan B)

Hiring timelines

Employee benefits (Offer letter, employement contract -

India and UK, insurance, tax savings, PF)
1. Offer letter draft and legal check
2. ESOP quota finalisation and ESOP agreement draft
3. Insurance (tbd)
4. Tax saving ideas handover to CA
KPI 3 KPI 4

Marketing hygiene register:

1. Places (Website, brochures, social
media, letterheads, google maps, website
extra domains, blog, youtube channel)
where we have our presence, addresses
2. Guidelines (Font, color scheme, etc.)
3. Testing on multiple platform for
anything that is going to be public ( ipad,
iphone, windows, Mac etc.)

Geographical partners
1. Map out imp countries (Ranking) Smart City Document

Portfolio monitoring framework

Operations flow framework

Compliance:
1. India entity setup
2. Esop agreement creation
3. Directorship

Expense and reimbursement framework Budget - Cashflow and Variance

SWIFT GPI Integration
Money Tracker

Back up servicing
1. Research Primary and secondary
2. Setup -1 step ready by ? Networking

Admin (Office space, Laptop, Mobile) Interview process (gap identification, skill
1. Office finalisation for ~5 desks (phase 1) mapping, sourcing, interview,
2. Office research for post seed ~15 Compensation)
desks(#desk tbd); Mumbai and London 1. JD farmewok
3. Laptop and mobile shceme finalisation 2. Other branding collateral (Ishaan?)
4. Visiting card 3. Skill mapping
5. Stamp 4. Persona Creation
KPI 5 Dependencies on other functions

1
Debt investors and exporters
payout
 Ishan - which countries to prioritise

Database building Communication modules

1. HNI database 1. Debt deck
2. family office database 2. Debt investors
3. credit fund database reporting/email

Expenses & Payroll

1. Expense quota and frameork
2. Expesning platform/virtual
cards
3. Payroll provider post seed
 Unslotted:

Dependencies on current function Training material?

Who will look at salesforce? It will techni

Similarly, who will look at accounting soft

Who is looking at UK director?

Open a USA bank account

Ishan - B2B bank transfer transactions
cannot be done

Interview
process
(gap
identifica
tion, skill
mapping,
sourcing,
interview,
Compens
ation)
1. JD
farmewok
2. Other
br+J15ion
ook at salesforce? It will technically store data on sales funnel

who will look at accounting software shortlisting to manage movement, etc.?

king at UK director?

A bank account
 LinkedIn
Excel org chart of competitors Average
Cost Count > 20
Median
Total
S.No. Company Name Sales Debt Risk Tech Int. Debt
1 C2FO Y Y
2 Prima Dollar Y Y Y Y Y
3 Stenn Y Y Y Y Y
4 Vayana Network Y Y Y Y
5 PrimeRevenue Y Y Y Y
6 Greensill Y Y Y Y Y
7 Seawise Capital Y Y Y Y Y
8 Modifi Y Y Y Y Y
9 Funding Circle Y Y Y Y Y
10 Ofbusiness Y Y Y Y
11 Tradeshift Y Y Y Y
12 Drip Capital Y Y Y Y Y
13 Five Star Business Finance Y Y Y Y
14 Kredx Y Y Y Y
15 Namaste Credit Y Y Y Y
16 Credit Mantri Y Y Y Y
17 Capital Float Y Y Y Y
18 Indifi Y Y Y Y
19 IntelleGrow Y Y Y Y
20 Neogrowth Y Y Y Y
21 Lending Kart Y Y Y Y
22 Market Finance Y Y Y Y Y
23 Tradewind Y Y Y Y Y
 232
7
160 1067
4865 666
Team Size SPOC Complete (Y/N)
443
43 AK Y
79 ID Y
60 AK Y
Drop; listed as tech company Timeline
537 AK Divided into originations and distribution
6
37 ID
255 Mohit- research
326
Drop; listed as tech company Important
160
161 AK
135 AK
149 ID
131 AK
523
200
98 ID
495
724
134 ID
169 ID
S.No. Particulars Ownership

1 Company - Blogs, newsletter for customers and internal ID, MA

Smart city
1. Complete list of Exporters shipping to top graded buyers
2. Identify and shortlist top 3 cities to target 50 customers
3. Channel partner modus operandi framework to utilise as
outbound sales team (discuss)
4. Shortlist associations to partner with to go deep in the
4 market post Series A ID

Wallet share
1. Map shipment volumes from buyers to exporters so as to
model the expected wallet share output
2. Identify challenges with each exporter signed up which
may lead to churn - this will build a hypothesis on product
launches and signup to churn ratio understanding.
3. Design a QBR framework to be discussed on each account
5 internally and stakeholders of the customer company. ID

8 Portfolio monitoring framework AK

Compliance:
1. India entity setup
2. Esop agreement creation
14 3. Directorship AK
Document Routing
23 1. B2B transfer MA
Virtual Accounts
24 1. Set up account which allows multiple virtual accounts MA
SWIFT GPI Integration
25 Money Tracker MA
Strategy
1. Debt Amount by phased and timeline
2. Debt sources (paln A, Plan B)
27 MA
Database building
1. HNI database
2. family office database
30 3. credit fund database MA
33 Tech Hiring AK
Estimated Timeline Actual completion Mar 1 Comments

Apr Discard

Smart City concept (post solving wallet share

through insurance policy)
Conversion rate & wallet share are primary
Dec factors to be proved

V1 - Dec
V2 - March To be revisited post insurance policy

Jun

Mar
Directorship max till
Apr 2

Jun

Jun

Jun

Jan Done

1. Feb
2. Mar
3. May Ongoing
Feb 15-Apr Started; to be completed by Mar 31
Tasks May 14 Comments Variance

Discarded due to low

importance in jan-
march quarter, Shifted timeline basis
eventually function current scenario and
moved to MA importance

1. Done with
knowledge on buyers
that are top graded.
Smart city needs a
platform like panjiva,
short on cash will buy
as soon as Stellaris
volza - panjmoney is in Equity timeline issue

Completed on time;
Partially done where in Tech is missing (Could
a system is set for QBR be solved by tech
capturing. hiring)

Hiring more
Not done; lack of skill aggressive

Equity funding
Esop pending due to timeline missed +
financial constraints Budgeting issue

Time issue Time issue

Time issue Time issue

Time issue Time issue

Unimportant task
given priority Prioritization

Underestimated task Prioritization

 Hiring more
Delayed; late start aggressive
 Hiring

Marketing (Influencer partnerships,

events, lead gen) 0

Account manager & Sales (India) 2

Credit risk (u/w, collections) 2

Operations (Invoice processing) 2

Legal (legal agreements, entity legal
structure, licensing, taxation) 1

Finance (payroll, accounting) 1

Partnerships (Insurance Infrastructure

and revenue partnerships) 1
Banking partnerships (document
routing, geography partners, cost of
transactions, ease of transactions like
Virtual accounts) 1
Capital markets (debt raising,
securitization) 2

Technology/Product 3

Strategy (New initiatives, market

landscape, overall metrics tracking,
funding support, website ownership) 1
HR (recruitment, admin, IT) 1
Marketing collateral (Output by August; blogs on regular
frequency)
1. Intro decks
2. Blogs, LinkedIn posts, News articles
3. Web banners, Standees

Smart city
1. Complete list of Exporters shipping to top graded
buyers
2. Identify and shortlist top 3 cities to target 50
customers
3. Channel partner modus operandi framework to utilise
as outbound sales team (discuss)
4. Shortlist associations to partner with to go deep in the
market post Series A

Data sources (who is responsible for getting new data

sources? How do we assess the person? What are the
capabilities?): Push to after September
Guideline Document on how and when to do data entry -
move knowledge from Anisha onto paper
Trademark, FCA license (Output by August) , ESOP plan,
tax residency certificate

Setting up of Infra : Payroll - Ishan ; Accounting - Ankur.

Mohit to get thresholds (by 14 May)

Insurance partnership:
1. Which market is going to give us insurance in current
ongoing scenario and 6 months down the line
2. Compliant requirements for insurance
3. Country of registration of the company for ensuring
insurance policy is an output
4. Clarity on trade history requirement, AML

Document Routing
1. B2B transfer
London Hiring:
1. Linkedin and secondary research profiling of candidate
landsacpe
2. Reachout linkedin and headhunter
3. Compensation planning
4. Interviews
5. Legal and UK process compliance for hiring
Pricing Module (charges and payments basis paid date
and discounts) (output June end)

Database building :
1. Exporters
2. CA's
3. Association
4. Buying house
Posh, Toilets (August)
Marketing hygiene register:
1. Places (Website, brochures, social media,
letterheads, google maps, website extra
domains, blog, youtube channel) where we
have our presence, addresses
2. Guidelines (Font, color scheme, etc.)
3. Testing on multiple platform for anything
that is going to be public ( ipad, iphone,
windows, Mac etc.)

Wallet share
1. Map shipment volumes from buyers to
exporters so as to model the expected wallet
share output

September (20-25 hours of

research)
August end (ready) Study Ofbusiness books
1. Collections framework (MCA/Probe42) and credit model;
2. Portfolio monitoring framework figure out how to get ratings in UK

Virtual Accounts
1. Set up account which allows multiple virtual SWIFT GPI Integration
accounts Money Tracker

Back up servicing
1. Research Primary and secondary
2. Setup -1 step ready by ?
Customer UI (Output July mid)
Insurance, PF
Database building
1. HNI database
2. family office database
3. credit fund database
Integrations with credit agencies,
insurance, other softwares
London & US office space
(TBD)
Pre-approved list
framework
Cap markets strategy
(Output by 15th May)
- how will you raise next
$5m
-Org sturcutre

Scrapping data for invoice underwriting (BL, etc.)

Zoho People Plus (done on 9th may)

Issues Resolution

Equity timeline

Ignorance Time Knowledge

Hiring

Time & prioritization

S.No. Employee Name Company Name Job title Department Country
10 Kalpana Poonia PrimaDollar Team Lead Operations India
18 Ramesh Wankhede PrimaDollar Manager Operations India
23 Anna Beker PrimaDollar Manager Operations UK
27 Mathilde de NantoisPrimaDollar Asst. Manager Operations UK
28 Jane PrimaDollar Manager Operations China
30 Joanna Lech-Burda PrimaDollar Asst. Manager Operations UK
31 Li Jun PrimaDollar Asst. Manager Operations UK
35 Syed Adnan PrimaDollar Operations Pakistan
36 Nishita Ashraf PrimaDollar Manager Operations Bangladesh
48 Sanjay Phadke Vayana EVP Partnerships India
50 Mukesh Vayana AVP Partnerships India
53 Anand Singh Vayana AVP Partnerships India
55 Camillus Vayana Vice President Partnerships India
61 Zoed Shaikh Vayana Manager Operations India
69 Madhura Deshpand Vayana Associate Operations India
70 Vikram Sawant Vayana Customer ManagOperations India
87 Travis Vayana Client Services Operations India
89 Suvidha Vayana Associate Operations India
102 Jill Godde Greensill SVP Partnerships UK
110 Sameer D Greensill MD Operations UK
111 Daniel Greensill Portfolio IntegratOperations UK
112 Zara Greensill Director Operations UK
120 Anthony Howe Greensill Director Partnerships Singapore
124 Sebastian Greensill Global Head Operations Switzerland
149 Harry Charles Greensill MD ? Australia
167 Swinda Greensill Director Partnerships USA
190 Rob Hough Greensill Head Operations UK
193 Ran Tao Greensill Manager Operations China
195 Darren Bolton Greensill Head Operations UK
 141 77
Total yrs. of work eBanking exp? Trade Fin exp? Undergrad year Other Notes LinkedIn profile
13 Y Y 2007 https://www.linkedin.com/i
6Y N 2014 https://www.linkedin.com/i
20 Y Y 2000 https://www.linkedin.com/i
4N N 2016 Interned at bank https://www.linkedin.com/i
26 Y Y 1994 https://www.linkedin.com/i
N N https://www.linkedin.com/i
11 N N 2009 https://www.linkedin.com/i
11 Y Y 2009 https://www.linkedin.com/i
5N N 2015 https://www.linkedin.com/i
26 N N 1994 https://www.linkedin.com/i
10 Y N 2010 https://www.linkedin.com/i
6Y N 2014 https://www.linkedin.com/i
12 Y Y 2008 https://www.linkedin.com/i
9Y Y 2011 https://www.linkedin.com/i
4N N 2016 https://www.linkedin.com/i
17 N N 2003 https://www.linkedin.com/i
6Y N 2014 https://www.linkedin.com/i
16 Y N 2004 https://www.linkedin.com/i
26 Y N 1994 joined in last 12 https://www.linkedin.com/i
21 Y Y 1999 joined in last 12 https://www.linkedin.com/i
17 Y Y 2003 https://www.linkedin.com/i
31 Y Y 1989 https://www.linkedin.com/i
21 N N 1999 https://www.linkedin.com/i
21 Y Y 1999 Shipping Line workhttps://www.linkedin.com/i
21 Y Y 1999 Asset distribution https://www.linkedin.com/i
20 N Y 2000 https://www.linkedin.com/i
18 Y N 2002 https://www.linkedin.com/i
9Y N 2011 joined in last 12 https://www.linkedin.com/i
14 Y N 2006 https://www.linkedin.com/i
LinkedIn profile
https://www.linkedin.com/in/kalpana-poonia-9541a3a9/
https://www.linkedin.com/in/ramesh-wankhede-6b466561/
https://www.linkedin.com/in/anna-beker-15979819/
https://www.linkedin.com/in/mathildedenantois/
https://www.linkedin.com/in/jane-%E5%AD%99%E6%B5%B7%E7%BA%A2-5b3045184/
https://www.linkedin.com/in/joanna-lech-burda-017443195/
https://www.linkedin.com/in/li-jun-%E6%9D%8E%E5%90%9B-uk-639328137/
https://www.linkedin.com/in/syed-adnan-murtuza-trade-finance-fintech-supply-chain-finance-971a8919/
https://www.linkedin.com/in/nishita-ashraf-402175146/
https://www.linkedin.com/in/sanjaybphadke/
https://www.linkedin.com/in/mukesh-b-3b3021161/
https://www.linkedin.com/in/anand-singh-86431216b/
https://www.linkedin.com/in/camillus-carvalho-7b080735/
https://www.linkedin.com/in/zoeb-shaikh-545859134/
https://www.linkedin.com/in/madhura-deshpande-908b20135/
https://www.linkedin.com/in/vikram-sawant-4799a039/
https://www.linkedin.com/in/travispadilla/
https://www.linkedin.com/in/suvidha-korgaonkar-623341105/
https://www.linkedin.com/in/jillhenry/
https://www.linkedin.com/in/sameerd/
https://www.linkedin.com/in/deshuttleworth/
https://www.linkedin.com/in/zara-hayes-b99822179/
https://www.linkedin.com/in/anthony-howe-647981/
https://www.linkedin.com/in/sebastian-wittgenstein-2b382815/
https://www.linkedin.com/in/harry-charles-b29ab22/
https://www.linkedin.com/in/swindasp/
https://www.linkedin.com/in/rob-hough-319286103/
https://www.linkedin.com/in/ran-tao-5a80858b/
https://www.linkedin.com/in/darren-bolton-41846a40/
 Funding Circle Greensill
Source Annual report
Year 2019 2018 2017 2016 2017
Book ($m) 4810 2739.1
Revenue 217.1 122.85
Fund composition
Retail 23%
Bonds 16%
Institutions 50%
Funds 7%
National entities 4%

Equity 380 35 99
Debt 910 117 270

D/E 2.40 3.34 2.73

100m 10m 2016 150

Greensill 3 1 2015 60
LendingKart 3 1 2014 24
Neogrowth 3 1 2013 9.6
Indifi 3 1 2012 3.84
2011 1.536
Special Purpose Veh 10

Investors 8
Reevoy 2

Vasco 25 Total 100

20% Debt 50 1 1.4
Drip 5 Equity Equity 50
Investors 20 Senior Debt Off B/S debt 20

Overall book 10%

Good book 6%
Risky book 15%
Kabbage

2011 2012 2013 2014 2015 2016

25.7 55.7 50.7 95.7 225.7 215.7

92 362 900
This debt came before VC round
1.81 3.78 3.99
7.14
 Lending Kart
Tracxn
2017 2014-15 2015-16 2016-17 2017-18 2018-19

Cr Cr Cr Cr Cr
455.7 2.7 32.7 124 141 632
0 30 102 455 1050

- 0.92 0.82 3.23 1.66

Indifi Shubh Loans

2015-16 2016-17 2017-18 2018-19 2016-17 2017-18

30 92.5 78 59 0.67 4.8

0 6 25 105 0.08 5.7

- 0.06 0.32 1.78 0.12 1.19

 Neogrowth

2018-19 2014-15 2015-16 2016-17 2017-18 2018-19

16.4 40 156 426 432

19.9 39 463 739 819

1.21 0.98 2.97 1.73 1.90