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The Venture Codex

Northern Arc

10th Floor, IIT M Research Park, 1 Kanagam Village, Taramani, Chennai, Tamil Nadu, 600113, India

Overview

Non-banking finance company providing debt access to underserved markets.

Founded

2008

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Debt

Geographic focus

India

Sector focus

Credit
Finance
Financial Services
FinTech

Investment portfolio

16rounds
NAMEDATESIZE
True Balance
Mar 2026Led
$10 MDebt
GPS Renewables
Apr 2024Participated
$49 MDebt
Metalbook
Apr 2024Led
$3 MDebt
LoanKuber
Mar 2024Led
$3 MDebt
Cityfurnish
Nov 2022Led
$3 MDebt
Karbon
May 2022Participated
$7 MDebt
Pahal
Apr 2022Participated
$10 MOther Equity
Aye Finance
Mar 2022Led
$10 MDebt
Kissht
Jan 2022Led
$13 MDebt
Innovist
Sep 2021Participated
$3 MSeries A
Soothe Healthcare
Sep 2021Led
$14 MSeries C
Smartcoin
Jul 2021Participated
$11 MDebt
True Balance
Mar 2026Led
$10 MDebt
GPS Renewables
Apr 2024Participated
$49 MDebt
Metalbook
Apr 2024Led
$3 MDebt
LoanKuber
Mar 2024Led
$3 MDebt
Cityfurnish
Nov 2022Led
$3 MDebt
Karbon
May 2022Participated
$7 MDebt
Pahal
Apr 2022Participated
$10 MOther Equity
Aye Finance
Mar 2022Led
$10 MDebt
Kissht
Jan 2022Led
$13 MDebt
Innovist
Sep 2021Participated
$3 MSeries A
Soothe Healthcare
Sep 2021Led
$14 MSeries C
Smartcoin
Jul 2021Participated
$11 MDebt
16
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Insights

Time horizon

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Deal Distribution

Northern Arc: 16 funding rounds are recorded in the selected participation categories.All available history.
Northern Arc: 16 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01
Series C+10
Other Equity01
Debt94

Monthly Deal Activity

Northern Arc: 16 deals are recorded across 110 months.All available history.
Northern Arc: 16 deals are recorded across 110 months. All available history
MonthDeals
Sep '171
Oct '170
Nov '170
Dec '170
Jan '181
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '191
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '211
Aug '210
Sep '212
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '221
Apr '221
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '242
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Northern Arc: Fintech is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Northern Arc: Fintech is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Fintech11
Consumer & Lifestyle4
Networks, Cloud & Communication4
Enterprise Software3
Education & Workforce2
Clean Energy & Sustainability2
Manufacturing1
Health & Life Sciences1
E-Commerce & Retail1
Real Estate & Construction1
Transportation & Logistics1
Social & Community Platforms1

Deal Size Distribution

Northern Arc: 16 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Northern Arc: 16 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M3
$10M-$25M6
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Northern Arc: India has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Northern Arc: India has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
India16
Northern Arc: 20 co-investors are shown, with Vivriti Capital sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Northern Arc: 20 co-investors are shown, with Vivriti Capital sharing 4 recorded deals. All available history
Co-investorShared deals
Vivriti Capital4
InCred Finance3
Gulf Islamic Investments2
UC Inclusive Credit2
A91 Partners1
AU Small Finance Bank1
Citi1
GAWA Capital1
HDFC1
HSBC1
ICICI Bank1
India SME Investments1
KKR1
Kotak Mahindra Bank1
Magallanes Impacto1
MAS1
Oxyzo Financial Services1
Punjab National Bank1
SIDBI1
Soothe Healthcare1

Investment Strategy

Northern Arc: Led accounts for 63% and participating for 38% of round participation.All available history.
Northern Arc: Led accounts for 63% and participating for 38% of round participation. All available history
CategoryDeals (count)Share (%)
Led1063%
Participating638%
Northern Arc: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Northern Arc: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead550%
Co-led550%

Team

Ashish Mehrotra

MD and CEO

Bama Balakrishnan

CFO

Kshama Fernandes

Chairperson

Pardhasaradhi R

Chief Risk Officer

Salil G Nair

Chief Technology & Information Officer