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Northern Arc
3.9
based on 5 Reviews
Working at Northern Arc
Company Summary
Debt financing for small businesses and individuals with low income
Overall Rating
3.9/5
based on 5 reviews
3% above
industry average
Highly rated for
Job security, Work-life balance, Work satisfaction
Critically rated for
Salary, Skill development, Promotions
Work Policy
Day shift
100% employees reported
View detailed work policy
About Northern Arc
Founded in2008 (17 yrs old)
India Employee Count51-200
Global Employee Count201-500
India HeadquartersChennai,Tamil Nadu, India
Office Locations
--
Websitenorthernarc.com
Primary Industry
Other Industries
--
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Northern Arc Capital (Formerly known as IFMR Capital) is a Non-Banking Finance Company that provides access to debt for under-banked individuals and businesses in India. Through a combination of our capital, products and partnerships, we have created a platform that connects millions of borrowers to mainstream debt investors. We follow a focused approach of underwriting the credit we best understand.
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Northern Arc Ratings
based on 5 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
1
4
1
3
1
2
1
1
1
Category Ratings
4.2
Job security
4.0
Work-life balance
3.9
Work satisfaction
3.4
Company culture
3.1
Promotions
3.0
Skill development
2.9
Salary
Northern Arc is rated 3.9 out of 5 stars on AmbitionBox, based on 5 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Northern Arc Reviews
Compare Northern Arc with Similar Companies
|  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 5 reviews | 3.8/5 based on 309 reviews | 3.9/5 based on 247 reviews | 4.1/5 based on 172 reviews |
Highly Rated for | Job security Work-life balance Work satisfaction | Work-life balance Company culture | Work-life balance Job security Company culture | Work-life balance Company culture Skill development |
Critically Rated for | Salary Skill development Promotions |  No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | - | - | Work from office 86% employees reported | Work from office 70% employees reported |
Rating by Women Employees | - no rating available | 4.0 Good rated by 79 women | 3.4 Average rated by 43 women | 4.0 Good rated by 35 women |
Rating by Men Employees | - no rating available | 3.7 Good rated by 193 men | 4.0 Good rated by 163 men | 4.1 Good rated by 131 men |
Job security | 4.2 Good | 3.7 Good | 3.9 Good | 3.9 Good |
View more
Northern Arc Salaries
Northern Arc salaries have received with an average score of 2.9 out of 5 by 5 employees.
Senior Associate
(18 salaries)
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₹15 L/yr - ₹27 L/yr
Deputy Vice President
(8 salaries)
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₹23 L/yr - ₹50 L/yr
Associate Director
(6 salaries)
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₹20 L/yr - ₹40 L/yr
Associate Vice President
(6 salaries)
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₹19 L/yr - ₹36 L/yr
Assistant Vice President
(4 salaries)
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₹15 L/yr - ₹30 L/yr
Director
(4 salaries)
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₹32 L/yr - ₹50 L/yr
AVP
(4 salaries)
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₹18 L/yr - ₹29 L/yr
Associate Product Manager
(3 salaries)
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₹7 L/yr - ₹20 L/yr
Relationship Manager
(3 salaries)
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₹4 L/yr - ₹6 L/yr
Product Manager
(3 salaries)
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₹14 L/yr - ₹29 L/yr
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Northern Arc News
[Update] D2C Jewellery Startup GIVA Nets INR 530 Cr From Creaegis, Others
- D2C jewellery startup GIVA raised INR 530 Cr in its latest funding round led by Creaegis.
- Existing investors like Premji Invest, Epiq Capital, and Edelweiss Discovery Fund also participated.
- The funds will be used to enhance retail and digital presence, upgrade supply chain tech, and expand product offerings.
- GIVA plans to open 145-150 stores targeting tier II cities, adding to its current 240+ stores.
- COO Aditya Labroo has been promoted as a co-founder of the Bengaluru-based startup.
- GIVA is valued at $374 Mn, up from $254 Mn in its last funding round.
- A resolution was passed to issue Series C CCPS to raise INR 450 Cr, with Creaegis leading the investment.
- Premji Invest and Epiq Capital are among the backers injecting funds.
- GIVA widened its product range to include gold and lab-grown diamond jewellery alongside silver.
- Currently, GIVA operates 199 stores across tier I & II cities and sells through various channels including its website and shop-in-shop setups.
- The company raised funding from Alteria Capital and Northern Arc earlier to expand its retail presence.
- GIVA's operating revenue increased by 66% YoY to INR 273.6 Cr, but its net loss widened due to increased metal procurement costs.
- The Indian online jewellery market sees GIVA competing with various players like Palmonas, Voylla, and BlueStone.
- BlueStone, GIVA's competitor, is preparing for a public listing in 2025 after receiving SEBI approval.
Inc42 | 25 Jun, 2025
![[Update] D2C Jewellery Startup GIVA Nets INR 530 Cr From Creaegis, Others](https://inc42.com/cdn-cgi/image/quality=75/https://asset.inc42.com/2025/06/Giva-Social.png)
Exclusive: Stashfin Raises INR 79 Cr Debt From Northern Arc, Others
- Digital lending startup Stashfin raises INR 78.8 Cr debt from investors, including Northern Arc and Coinmen Special Opportunities Fund, in multiple tranches since January.
- Stashfin plans to use the fresh capital to meet its capital expenditure requirements and extend credit to borrowers.
- Stashfin eyes entry into UPI market by offering UPI-based credit and payment solutions and has seen substantial revenue and profit growth.
- The funding for Stashfin comes amid increased investor interest in fintech NBFCs in India's digital lending market.
Inc42 | 13 May, 2025
Metafin Bags $10 Mn To Finance Clean Energy Adoption
- Cleantech-focussed NBFC Metafin has raised $10 Mn in Series A funding.
- The funding round was led by Temasek’s subsidiary and saw participation from Northern Arc, AU Small Finance Bank, and existing investors.
- Metafin plans to use the funds to expand its business and achieve 10,000 solar installations in rural areas.
- The company aims to expand its footprint to new states and strengthen its tech stack and leadership team.
Inc42 | 30 Apr, 2025
Exclusive: GIVA Raises INR 102 Cr To Open New Stores
- D2C jewellery brand GIVA has raised INR 102 Cr (about $11.7 Mn) in a mix of equity and debt from Alteria Capital and Northern Arc.
- GIVA plans to use the capital for general corporate purposes and setting up new retail outlets.
- The Premji Invest-backed jewellery startup operates 199 stores across Tier I and II cities in India.
- This is the second fundraise by GIVA in the last five months, following a previous funding round led by Premji Invest.
Inc42 | 10 Mar, 2025
Today Startup News 03 January 2025 From The Indian Startup Ecosystem
- Balmer Lawrie invests Rs 1 crore in NapTapGo, an innovative startup in the hospitality sector.
- EV Financer Mufin Green secures $18 million loan from US DFC with a 10-year repayment term.
- Fintech startup Aye Finance raises INR 110 crore in debt funding from investors like Northern Arc, ASK Financial Holdings, MAS Financial Services, and CredAvenue.
- DPIIT partners with Startup Policy Forum to boost India's innovation landscape.
VIE Stories | 3 Jan, 2025
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Northern Arc FAQs
When was Northern Arc founded?
Northern Arc was founded in 2008. The company has been operating for 17 years primarily in the Financial Services sector.
Where is the Northern Arc headquarters located?
Northern Arc is headquartered in Chennai,Tamil Nadu.
How many employees does Northern Arc have in India?
Northern Arc currently has approximately 100+ employees in India.
Does Northern Arc have good work-life balance?
Northern Arc has a work-life balance rating of 4.0 out of 5 based on 5 employee reviews on AmbitionBox. 40% employees rated Northern Arc 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Northern Arc reviews for more details.
Is Northern Arc good for career growth?
Career growth at Northern Arc is rated as moderate, with a promotions and appraisal rating of 3.1. 60% employees rated Northern Arc 3 or below, while 40% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Northern Arc reviews for more detailed insights.
What are the pros and cons of working in Northern Arc?
Working at Northern Arc comes with several advantages and disadvantages. It is highly rated for job security, work life balance and work satisfaction. However, it is poorly rated for salary & benefits, skill development and promotions / appraisal, based on 5 employee reviews on AmbitionBox.
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