Cookie Consent: We use cookies to give you the best online experience, for analytics, performance, and to tailor the experience towards your interests.

Skip to content
Pic of DealMakers: Entrepreneur | Startups | Venture Capital

Sanjay Sharma On Raising $300 Million To Fund Microenterprises

September 20, 2020
0 comments

DealMakers: Entrepreneur | Startups | Venture Capital

Description

Sanjay Sharma is the cofounder of Aye Finance which is a finance company that provides business loans to micro and small businesses. The company has raised $300 million from top tier investors such as CapitalG, FMO, Accion Venture Lab, and Aspada to name a few.
In this episode you will learn:

How microenterprises and their loans are performing after COVID-19
How to beat averages
What he’s learned from recruiting and hiring 3,200 employees
Why you shouldn’t wait to learn or gain more experience before starting your first startup




SUBSCRIBE ON:



For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash.
Moreover, I also provided a commentary on a pitch deck from an Uber competitor that has raised over $400 million (see it here).
Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below.




About Sanjay Sharma:
Sanjay Sharma is the Managing Director and the co-founder of Aye Finance, a leader in providing working capital loans to micro enterprises in India that are new to credit.
Over 60mn micro-scale businesses in India are considered ‘un-lendable’ by banks and finance companies due to underwriting and servicing challenges.
Under his vision and leadership Aye has innovated on alternate methods of underwriting based on industry-cluster insights, data sciences and digitalized workflows to fill this huge gap in lending. Aye has been conferred with numerous industry awards and Sanjay is a regular speaker at national industry forums on solving problems of micro enterprises. 
Sanjay Sharma is alumnus of IIT-Bombay and IIM-Bangalore. During his 25 years in consumer lending, he has helped pioneer initiatives at in HDFC Bank, ICICI Bank and StanChart, that have defined the evolution of consumer banking in India.
Connect with Sanjay Sharma:




* Linkedin
* Crunchbase




* * *



FULL TRANSCRIPTION OF THE INTERVIEW:



Alejandro: Alrighty. Hello everyone, and welcome to the DealMakers show. Today we have an entrepreneur that I think is going to tell us quite a bit of what he’s up to and the incredible innovation that is happening also in India. So, without further ado,