Northern Arc is a financial services platform operating in India, with a primary focus on providing credit to underserved households and businesses. The company is registered with the Reserve Bank of India (RBI) as a non-banking finance company (NBFC), which means it can offer financial services without accepting deposits from the public. Northern Arc has been active in the financial inclusion space for over a decade, offering a diverse range of products and services across various sectors and geographies.

The company's business model is centered around providing reliable and efficient access to debt finance. This is achieved directly and indirectly through partnerships with originators, who are typically other financial institutions or lenders. Northern Arc uses a combination of proprietary data analytics and field-level insights to manage risk and assess creditworthiness. This process is facilitated by their integrated technology system, Nimbus, which allows for efficient operations at scale.

Northern Arc operates in several sectors including vehicle finance, agricultural supply chain finance, microfinance, MSME finance, and consumer finance. These sectors have seen significant growth rates ranging from 9% to 31% between Fiscal 2018 and Fiscal 2021. The company's target market is largely composed of underserved businesses and households, which often face difficulties in obtaining credit due to factors such as lack of credit history or collateral.

In summary, Northern Arc is a financial services platform that provides credit to underserved sectors in India, using a combination of technology and data analytics to manage risk and assess creditworthiness.

Keywords: Financial Services, Credit Provision, Underserved Markets, Non-Banking Finance Company, Risk Management, Data Analytics, Technology Integration, Vehicle Finance, Agricultural Supply Chain Finance, Financial Inclusion.