Company Overview - Akara Capital Advisors Private Limited

Key Highlights:

• Incorporated in 2016, registered as an NBFC (Non-Banking Financial Company) headquartered in Delhi.
• Provides digital unsecured personal loans to salaried individuals, primarily through its fintech partner StashFin.
• Wholly owned subsidiary of a Singapore-based fintech group, backed by investors such as Tencent, Kravis Partners, Fasanara Capital, Altara Ventures, Uncorrelated etc.
• Comfortable capitalization levels with CRAR of 31.33% as of Mar'25
• Reported strong financials in FY25 with ₹1,731.26 crore AUM and ₹88.77 crore PAT

Overview:

Akara Capital Advisors Private Limited is a Delhi-based non-deposit taking NBFC registered with the Reserve Bank of India (RBI) since 2016. It started operations in 2017. The company primarily provides unsecured short-term personal loans to salaried individuals through web and mobile platforms. ACAPL is currently owned by MTPL, a Singapore-based neo banking start-up backed by investors like Blowfish Ventures, Divine Blessing Investments, Altara Ventures, Positive Moves Consulting, Fasanara Capital, Tencent Group, Uncorrelated Ventures etc.

Akara Capital Advisors Private Limited is a 100% subsidiary of MTPL (holding company incorporated in Singapore). The Group has another wholly owned subsidiary, EQX Analytics Private Limited (EQXAPL), which houses the technology platform known as StashFin and sources leads. The technology platform is used by ACAPL and other co-lenders for lending to customers.

Promoter/ Management:

Shruti Aggarwal (Director and Co-Founder)

Shruti Aggarwal is the Co-Founder of Akara Capital Advisors Private Limited, with more than 20 years of experience across finance, investment banking, and entrepreneurship. She began her career at PwC in India, followed by a role at Merrill Lynch in New York, where she built a strong foundation in global finance. She later launched Secret Caché, a luxury boutique in New York, gaining valuable experience in brand building and retail operations. At Akara, Shruti leverages her diverse background to build inclusive financial products that empower underserved and underbanked segments in India.

She is a Chartered Accountant and holds a bachelor’s degree in commerce from Shri Ram College of Commerce (SRCC) and a master’s degree from Columbia University.

Mr Tushar Aggarwal (Founder and Managing Director)

Mr. Tushar Aggarwal is a promoter Director in all the three companies namely Morus (Singapore), Akara (NBFC) and EQX (technology). Tushar Aggarwal has over 13 years of work experience in Investment Banking and Private Equity space in India and United States. Before founding Akara Capital, Tushar served as Executive Director at Everstone Capital, where he led investments across Northern India in sectors such as retail and financial services. While working with General Atlantic in New York, focusing on high-growth, technology-enabled businesses, and began his career in investment banking at Goldman Sachs and Lehman Brothers.

Tushar holds a BE in Electrical Engineering from Stony Brook University (Magna Cum Laude), an MBA from The Wharton School at the University of Pennsylvania and is a CFA Charter holder. He is also a Fellow of the Aspen Institute, a member of the Aspen Global Leadership Network, and the Young Presidents' Organization (YPO).

Key Financials- FY25:

All figures in INR crore

Lenders:

The prominent lenders in Akara capital Advisors Private Limited are:

Banks/FI:

·       ICICI Bank Limited

·       SBM Bank (Mauritius) Limited

·       Western Capital Advisors Private Limited

·       Blacksoil Cpital Private Limited

·       Hinduja Leyland Finance Limited

·       Tata Capital Financial Services Limited

Equity

·       Tencent

·       Kravis Partners

·       Fasanara Capital

·       Altara Ventures

·       Uncorrelated Ventures

Explore corporate bonds below for Akara Capital Advisors Private Limited

Above mentioned corporate bond details are as of Date: 20.08.2025.

Disclaimer:

Investments in debt securities/municipal debt securities/securitized debt instruments are subject to risks including delay and/or default in payment. Read all the offer-related documents carefully.