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Akara

Senior Secured Bond

49% Sold
13.75%
24M
BBB+
1.1x
Sold 49%
0% TDS Available

Reasons to invest

  • Strong Capitalisation: Akara operates as a wholly owned subsidiary of Morus Technology Pvt. Limited (MTPL). Morus Technology has raised INR 750+ Cr in equity capital.

  • Marquee Investors: It is backed by marquee equity investors including Tencent, Fasanara Capital, Altara Ventures, Snow Leopard Global, Henry Kravis Family Office, Abstract Ventures, etc.

  • Lending Platform: Stashfin has an established digital lending platform with a growing presence in the consumer lending segment.

  • Adequate Liquidity: Healthy cash balance of INR 92 Cr and expected collections of INR 1,686 Cr are sufficient to meet upcoming debt repayments of INR 743 Cr over the next 12 months.

Key Lenders & Investors

  • AU Bank
  • Qatar Bank
  • ICICI

Key highlights

  • 1.1x Security Cover

    Every ₹1 you invest is secured by ₹1.1 of pledged assets as collateral

  • Senior Secured Bond

    You get repaid on priority first from pledged assets if the borrower defaults

  • Rating

    High rated bond with 100% on time repayment track record

  • Payout Mechanism

    • Monthly Interest
    • Principal At Maturity

Historic performance on GoldenPi

  • ₹101 Cr

    Repaid

  • 9 K+

    Investors

  • 100% On Time

    Repayments

Returns Calculator

Investment Amount
₹ 29,527.48
Total Returns13.75% YTM
+ ₹ 6,916.77
Total Receivable
₹ 36,444.25

Company Information

About the Issuer

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