Asian Development Bank

Shriram Finance is an Indian non-banking finance company that specializes in providing financing for pre-owned commercial vehicles and equipment, as well as various types of loans. The company's offerings include personal loans, business loans, bike loans, gold loans, and loans for commercial vehicles. In addition to loan origination and valuation, Shriram Finance also focuses on loan collection, offering ancillary services such as financing for working capital, engine replacement, bill discounting, credit cards, and tire loans. The majority of the company's revenue is generated from interest income on the loans it provides, with its primary market being India.

Vastu Housing Finance Corporation Limited is a non-deposit taking housing finance company based in Mumbai, India, established in 2005. The company focuses on providing long-term housing finance primarily to the middle-income and affordable housing segments. It offers a variety of loan products, including home loans for purchasing, constructing, or improving residential properties, as well as loans for commercial properties and loans against property. Vastu Housing Finance also caters to self-employed individuals, enabling them to secure loans even without extensive documentation or significant credit history. As of March 31, 2020, the company operated 66 branches across India, emphasizing its commitment to socially relevant housing finance solutions.

Shubham Housing Development Finance Company Private Limited, established in 2010 and headquartered in Gurugram, India, specializes in providing housing finance solutions to families with informal incomes. The company aims to assist customers who may not qualify for loans from traditional lending institutions by offering home loans, home improvement loans, and loans against property. Shubham stands out for its innovative operating model, which prioritizes an interview-based approach over conventional document-based underwriting, allowing for a better understanding of each customer's income and expense flows. This focus on urban low-income and informal income families reflects Shubham's commitment to facilitating home ownership through accessible and formal credit options.

Joules Power Limited (JPL) is a privately held energy firm that operates in Bangladesh's power sector. We are the country's first solar IPP, having established Technaf Solartech Energy Limited (TSEL) and completed its implementation within the framework. We are the country's first and foremost renewable energy producers, and we are actively working to contribute significantly to the government's sustainable development target of producing 10% of its energy mix from renewable sources.

State Bank of Pakistan is the central bank of Pakistan that performs both the traditional and developmental functions to achieve macro-economic goals. The State Bank of Pakistan has also been entrusted with the responsibility to carry out monetary and credit policy in accordance with Government targets for growth and inflation with the recommendations of the Monetary and Fiscal Policies Co-ordination Board without trying to effect the macroeconomic policy objectives.

Tata Power Solar Systems is India’s largest integrated solar company, headquartered in Bangalore. The company focuses on harnessing solar energy through three main segments: advanced manufacturing, engineering, procurement, and construction (EPC) services for solar power projects, and the development of innovative solar products. Tata Power Solar specializes in the manufacture and distribution of solar modules, solar cells, and other solar equipment, enabling clients to access a comprehensive range of services. The company is committed to expanding energy access, particularly in remote and off-grid areas of India, positioning itself as a trusted leader in the solar power sector within the country.

Fourth Partner Energy is a Hyderabad-based company that offers turnkey rooftop solar energy solutions in India. Established in 2010, the company specializes in manufacturing solar energy applications, including solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a significant portfolio of decentralized solar power assets. The company is dedicated to promoting sustainable energy solutions by providing high-quality products and services at competitive prices. In addition to its manufacturing capabilities, Fourth Partner Energy also offers financial structuring, design, turnkey execution, and panel cleaning services, enhancing power generation and maintenance for its customers. The company is recognized as an empanelled Channel Partner by the Ministry of New and Renewable Energy and holds ISO 9001:2008 certification, further solidifying its commitment to quality and sustainability.

SAEL is a green energy company based in New Delhi, India, dedicated to advancing sustainable development through renewable energy solutions. The company focuses on innovative projects in solar energy and waste-to-energy generation, aiming to reduce carbon footprints and enhance energy independence. By developing and managing sustainable infrastructure, SAEL provides comprehensive services that encompass design, construction, operation, and maintenance of renewable energy systems. Their mission is to facilitate the transition to a low-carbon economy while contributing to the economic and social development of communities globally. Through the use of cutting-edge technology, SAEL strives to deliver reliable and eco-friendly energy solutions to businesses and communities, promoting a sustainable future.

Ujala Cygnus Healthcare Services is a New Delhi-based operator of a chain of low-budget super-specialty hospitals focused on delivering quality healthcare to Tier 2 and Tier 3 communities in India. The organization provides a range of medical services, including both emergency and elective procedures, with expertise in various surgical specialties such as joint replacement, trauma surgery, neurological and spine surgery, urology, ophthalmology, and fertility. By offering advanced medical options at an affordable cost, Ujala Cygnus aims to enhance healthcare accessibility and address the needs of underserved populations in these regions.

Cygnus Medicare Pvt. Ltd., established in 2011, operates a chain of multi-specialty hospitals in India, primarily in the northern regions. The company specializes in super speciality surgeries, including bone and joint, cardiology, neurology and spine, obstetrics and gynecology, pediatrics, minimal access surgery, eye care, ENT, dental and cosmetic, internal medicine, and diabetology. It also provides intensive care, radiology, and urology services. As of 2019, Cygnus Medicare operates ten state-of-the-art hospitals in Delhi and Haryana, staffed by highly skilled and experienced doctors. The company aims to provide high-quality care using advanced technology, making its hospitals the preferred choice for both emergency and elective procedures.

RevFin, established in 2018, is an Indian digital lending company that provides convenient, accessible loans through its user-friendly platform. It offers a revolving credit line that customers can use and repay at their convenience, along with a rewards program that incentivizes on-time repayments, referrals, and app engagement. As of 2021, RevFin has funded over 12,000 loans with a low non-performing asset (NPA) ratio of less than 2%.

Shriram Transport Finance Company Limited, established in 1979, is India's leading provider of commercial vehicle finance, specializing in the financing of pre-owned trucks for small truck owners. The company commands a significant market presence, holding approximately 25% market share in the pre-owned truck segment and around 5-6% in new truck financing. With a widespread network of 620 branches and 515 rural centers, Shriram Transport also offers a diverse range of financing options, including tractors, small commercial vehicles, three-wheelers, passenger commercial vehicles, and construction equipment. In addition to vehicle financing, the company is involved in loan origination, valuation, and collection services, solidifying its role as an essential player in the asset financing landscape.

VA Tech Wabag, established in 1924, is a global water solutions provider headquartered in Chennai, India. With over 2,000 water professionals and a presence in 20+ countries across India, South East Asia, Middle East, Africa, Europe, and Latin America, the company specializes in water conservation, optimization, recycling, and reuse. VA Tech Wabag designs, constructs, and maintains water treatment plants for both municipal and industrial sectors, offering lifecycle solutions from conceptualization to operations and maintenance.

GreenCell Mobility, founded in 2019 in Mumbai, Maharashtra, focuses on providing clean and cost-effective shared e-mobility solutions in India. The company aims to become a leading player in the pan-India electric mobility sector by leveraging global expertise and advancements in e-mobility technology, alongside the Indian government's commitment to transportation electrification. GreenCell Mobility is developing a connected ecosystem that encompasses various products and service segments, facilitating the implementation of Electric Mobility-as-a-Service (eMaaS). This initiative supports the expansion of green vehicles, contributing to pollution-free development in the country. The company is backed by EverSource Capital, the fund manager of the Green Growth Equity Fund.

GreenCell Mobility, founded in 2019 in Mumbai, Maharashtra, focuses on providing clean and cost-effective shared e-mobility solutions in India. The company aims to become a leading player in the pan-India electric mobility sector by leveraging global expertise and advancements in e-mobility technology, alongside the Indian government's commitment to transportation electrification. GreenCell Mobility is developing a connected ecosystem that encompasses various products and service segments, facilitating the implementation of Electric Mobility-as-a-Service (eMaaS). This initiative supports the expansion of green vehicles, contributing to pollution-free development in the country. The company is backed by EverSource Capital, the fund manager of the Green Growth Equity Fund.

Shubham Housing Development Finance Company Private Limited, established in 2010 and headquartered in Gurugram, India, specializes in providing housing finance solutions to families with informal incomes. The company aims to assist customers who may not qualify for loans from traditional lending institutions by offering home loans, home improvement loans, and loans against property. Shubham stands out for its innovative operating model, which prioritizes an interview-based approach over conventional document-based underwriting, allowing for a better understanding of each customer's income and expense flows. This focus on urban low-income and informal income families reflects Shubham's commitment to facilitating home ownership through accessible and formal credit options.

Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, that focuses on providing access to debt finance for underserved households and businesses. The company offers a diverse range of financial products, including microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, and gold loans. In addition to traditional lending, Northern Arc Capital provides fintech services, structured products, and capital market instruments. The company also engages in debt syndication and guarantee-backed lending, facilitating connections between originators to enhance the delivery of financial services. Established in 1989 and originally named IFMR Capital Finance Private Limited, it rebranded to Northern Arc Capital Limited in March 2018.

Satin Creditcare Network Limited is a non-banking finance company based in Gurugram, India, specializing in microfinance services. Founded in 1990, the company primarily offers collateral-free microcredit facilities to economically active women, particularly in rural and semi-urban areas where access to mainstream financial services is limited. Its services include loans for individual businesses, micro, small, and medium enterprises (MSMEs), as well as financing for solar lamps, bicycles, consumer durables, and the development of water connections and sanitation facilities. Additionally, Satin Creditcare Network has a housing finance subsidiary that caters to the affordable housing segment. The company operates on a Joint Liability Group model, facilitating community-based lending, and serves clients across 23 states and union territories in India. Through its subsidiary, Taraashna Services Limited, it also provides business correspondent services to other financial institutions, further extending its reach within the underserved market segments.

ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

Mytrah Energy Limited is an independent power producer based in Saint Peter Port, Guernsey, with operations primarily in India. The company generates electricity from renewable sources, specifically wind and solar power, with a capacity of 1,000.8 MW derived from 16 wind energy plants across eight states. Mytrah Energy (India) Private Limited, a subsidiary of Mytrah Energy Limited, focuses on selling power to state grids and directly to industrial consumers through short-term agreements. Established in 2009, Mytrah Energy has developed a strong portfolio of renewable energy projects, emphasizing sustainability and ethical business practices. The company aims to expand its renewable energy capacity and enhance its contributions to India’s energy landscape.

SOLshare Ltd. is a company based in Dhaka, Bangladesh, that develops a peer-to-peer solar electricity trading platform aimed at providing sustainable and affordable energy access to low-income rural communities. Founded in 2013, SOLshare utilizes decentralized microgrids that allow households and businesses to trade excess solar power for profit. The company offers innovative products such as the SOLbox, a bi-directional electricity meter that facilitates peer-to-peer trading and integrates mobile money payments, and SOLcontrol, a charge controller for solar home systems. By interconnecting solar home systems in a network, SOLshare empowers communities to monetize their excess solar energy in real-time, promoting a micro-energy transition model that could serve as a model for utilities worldwide. The company has established strategic alliances with various organizations, enhancing its mission to deliver affordable solar electricity across Bangladesh and beyond.

RBL Bank Limited is a private-sector scheduled commercial bank based in Mumbai, India, established in 1943. The bank operates through several segments, including Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. It offers a diverse range of deposit products such as savings and current accounts, as well as fixed deposits. RBL Bank provides various lending options, including personal, home, car, education, and business loans, along with financial services like insurance, wealth management, and online banking. The bank also engages in advisory services for mergers and acquisitions, project finance, and trade services. With a focus on expansion, RBL Bank has developed a network of branches and ATMs across India, servicing over 500,000 customers and maintaining a robust business size. Following a transformational journey initiated in 2010, the bank has strengthened its governance and technology infrastructure to support its growth strategy.

Welspun Renewables Energy Private Limited, based in Mumbai, India, specializes in renewable energy generation, focusing on the development, ownership, and operation of solar and wind power projects. Established in 2009, the company aims to promote environmentally friendly power solutions across India. Currently, it plans to develop 1.7 GW of wind and solar power projects within the next three years, emphasizing green technologies. Welspun Energy is committed to inclusive growth and sustainability, integrating social, economic, and environmental considerations into its operations, with a vision to provide sustainable energy for all by 2030. As of September 2016, it operates as a subsidiary of Tata Power Renewable Energy Limited.

Welspun Renewables Energy Private Limited, based in Mumbai, India, specializes in renewable energy generation, focusing on the development, ownership, and operation of solar and wind power projects. Established in 2009, the company aims to promote environmentally friendly power solutions across India. Currently, it plans to develop 1.7 GW of wind and solar power projects within the next three years, emphasizing green technologies. Welspun Energy is committed to inclusive growth and sustainability, integrating social, economic, and environmental considerations into its operations, with a vision to provide sustainable energy for all by 2030. As of September 2016, it operates as a subsidiary of Tata Power Renewable Energy Limited.

Fourth Partner Energy is a Hyderabad-based company that offers turnkey rooftop solar energy solutions in India. Established in 2010, the company specializes in manufacturing solar energy applications, including solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a significant portfolio of decentralized solar power assets. The company is dedicated to promoting sustainable energy solutions by providing high-quality products and services at competitive prices. In addition to its manufacturing capabilities, Fourth Partner Energy also offers financial structuring, design, turnkey execution, and panel cleaning services, enhancing power generation and maintenance for its customers. The company is recognized as an empanelled Channel Partner by the Ministry of New and Renewable Energy and holds ISO 9001:2008 certification, further solidifying its commitment to quality and sustainability.

Yes Bank Limited is a private sector bank based in Mumbai, India, providing a wide range of banking and financial services primarily within the Indian market. The bank operates through various segments, including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers corporate banking services such as working capital finance, term loans, trade finance, and cash management. Retail banking products include personal loans, home loans, and vehicle financing, as well as services tailored for micro, small, and medium enterprises. Additionally, Yes Bank provides financial advisory services to government entities and various financial institutions, along with transaction banking services like foreign exchange and supply chain finance. The bank also focuses on investment banking, offering mergers and acquisitions advisory and capital advisory services. As of March 2020, Yes Bank operated 1,135 branches and had 1,423 ATMs across the country. Founded in 2004, it has established itself as a significant player in the Indian banking sector.

ReNew is a leading decarbonization solutions company in India, focused on developing and operating clean energy projects to meet the country's growing energy demands sustainably and responsibly. As of March 31, 2023, ReNew's clean energy portfolio encompasses approximately 13.7 GW, making it one of the largest globally. The company offers comprehensive solutions that include wind and solar power, hydro power, and transmission lines, with a significant portion of its revenue generated from the wind power segment. Additionally, ReNew emphasizes the importance of digitalization, energy storage, and carbon markets in its operations, aiming to address climate change in an inclusive manner while contributing to the transition towards a cleaner energy future.

Hippocampus Learning Centres Private Limited, established in 2010 and based in Bengaluru, India, is an educational institution focused on enhancing learning opportunities in rural areas. The organization operates learning centers that provide preschool and after-school programs, aiming to meet the increasing demand for quality education in the country. Hippocampus Learning Centres offers a specialized curriculum designed to prepare children for future academic and employment success. The institution recruits, trains, and manages a network of teachers who deliver quality educational services in rented village centers, charging an affordable monthly fee. The programs emphasize self-learning, enabling preschoolers to achieve personal standards of excellence in both academic and non-academic areas, thus helping them recognize and maximize their full potential.

Welspun Renewables Energy Private Limited, based in Mumbai, India, specializes in renewable energy generation, focusing on the development, ownership, and operation of solar and wind power projects. Established in 2009, the company aims to promote environmentally friendly power solutions across India. Currently, it plans to develop 1.7 GW of wind and solar power projects within the next three years, emphasizing green technologies. Welspun Energy is committed to inclusive growth and sustainability, integrating social, economic, and environmental considerations into its operations, with a vision to provide sustainable energy for all by 2030. As of September 2016, it operates as a subsidiary of Tata Power Renewable Energy Limited.

NSL Renewable Power Private Limited is engaged in the development, operation, and management of a diverse portfolio of renewable energy projects in India. Founded in 1985 and based in Hyderabad, the company focuses on various energy sources, including wind, solar, biomass, hydel, and thermal power. As a subsidiary of NSL Group of Companies Pvt Ltd, it has established itself as a significant player in the renewable energy sector, combining expertise in implementation and operation to serve both commercial interests and societal needs. NSL Renewable Power Private Limited's approach aims to create sustainable energy solutions while delivering returns on investment.

India Mortgage Guarantee Company is a financial services firm based in Noida, India, specializing in mortgage guarantee services. The company provides essential support to lenders by offering guarantees that facilitate homeownership, making it more accessible for individuals. By leveraging these services, the firm aims to promote and enhance the home buying process, particularly in markets where such guarantees are commonly utilized. Through its innovative approach, India Mortgage Guarantee Company plays a significant role in the advancement of homeownership opportunities in the region.