Northern Arc: Funding, Investors & Team (Sep 2026)
Northern Arc Capital, previously known as IFMR Capital, is a financial institution that offers debt accessibility to underserved businesses and investors. Its aim is to connect originators to expand their reach and offer financial solutions to millions of underserved households.
Northern Arc has raised $177M across 4 funding rounds on record, the most recent an undisclosed round of $65.0M announced in Nov 2024.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Northern Arc Company Profile and Key Stats
Latest funding round on record: Nov 2024.
Northern Arc Funding Rounds
Northern Arc raised $23.6M in a Debt Financing announced in Aug 2022.
2 months later, a Debt Financing of $48.6M was announced in Oct 2022.
5 months later, an undisclosed round of $39.5M was announced in Mar 2023.
1.7 years later, an undisclosed round of $65.0M was announced in Nov 2024.
Northern Arc Founders and Leadership Team
Contact details for the Northern Arc team: 1 of 4 have an email address on file.
Start 14-day free trial →Northern Arc Funding Compared to Other Financial Services Startups
Northern Arc's latest round of $65.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Northern Arc in Financial Services and Chennai
Companies Similar to Northern Arc
Navi Finserv offers financial services to the underserved rural population of India.
Not "What are the highest returns I can get" but rather "What is the most significant investing question"…
Veriqus Partners is an integrated financial services platform.
Finnovate help families prudently manage personal finance i.e. investments, insurances, budgeting, loans,…
FundsIndia is at the forefront of a generational shift in financial services delivery in India. We are…
Mitigata is a cybersecurity and cyber insurance technology company that provides an integrated cyber…
Infradebt specializes in infrastructure finance and project finance.
CREST Capital is a private investment firm that partners with founders, families, and institutions to build,…
Recur Club is a trading platform for recurring revenue companies to trade their contracts/subscriptions & get…
Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
Rovia is a digital wealth management platform that simplifies cross-border finances, specifically designed…
Dugar Finance and Investments is a financial service firm that offers car loans, property loans, refinance,…
Northern Arc Funding FAQs
What does Northern Arc do?
Northern Arc Capital, previously known as IFMR Capital, is a financial institution that offers debt accessibility to underserved businesses and investors. Its aim is to connect originators to expand their reach and offer financial solutions to millions of underserved households.
How much funding has Northern Arc raised?
Northern Arc has raised $177M across 4 rounds on record. The most recent is an undisclosed round of $65.0M announced in Nov 2024.
When did Northern Arc last raise funding?
Northern Arc's most recent funding round on record is an undisclosed round of $65.0M, announced in Nov 2024.
Who founded Northern Arc?
FundedIQ lists Bhavdeep Bhatt (Founder) at Northern Arc.
Who is the CEO of Northern Arc?
Ashish Mehrotra is listed as CEO at Northern Arc.
Where is Northern Arc headquartered?
Northern Arc is based in Chennai, Tamil Nadu, India.
How many employees does Northern Arc have?
Northern Arc is in the 251-500 employee band.
How does Northern Arc's funding compare to other Financial Services startups?
Northern Arc's latest round of $65.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Northern Arc Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Northern Arc is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.