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Aye Fin expects 55% AUM growth in FY24
Mint Mumbai
|February 15, 2024
Eyes IPO in FY26 with AUM expected at ₹5,500 crore by March 2025
New Delhi: Aye Finance, a fintech startup, expects its assets under management (AUM) to escalate to ₹4,200 crore by the end of this year, with an anticipated growth to ₹5,500 crore by the end of fiscal year 2024-25 (FY25). This growth trajectory will help set the stage for the company to consider an initial public offering (IPO), said Sanjay Sharma, the company’s founder and managing director.
“We will look at it (IPO) not in the next financial year, but the year after that. So we're talking about FY26, where we will definitely look at plans where we could come out with an IPO," he said.
This story is from the February 15, 2024 edition of Mint Mumbai.
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