With 5 New Hubs and 25 Branches, Karnataka—We Got You Covered!
Naresh Naik
Founder and CEO at IREP Credit Capital I Former Managing Director Morgan Stanley
As IREP grows out of Andhra Pradesh and Telangana, we are proud to have a strong start in Karnataka. We are growing at a rapid pace, achieving significant milestones in just 6 ? years. Our expansion into Karnataka marks a critical step in our mission to empower local MSME entrepreneurs, providing them with the financial support needed to grow their businesses.
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With a total of 25 branches set to open by the end of August, we are committed to serving businesses not only in city centers but also in more remote areas. We've already inaugurated branches in Tumkur, Davangere, Mudhol, and Belagavi, and the opening of these branches was graced by the presence of key leaders from their respective localities. The remaining branches will be operational soon, further extending our reach across the state and ensuring that businesses from all corners of Karnataka have access to our services.
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At IREP, we offer quick loans ranging from ?3 to ?15 lakhs, tailored to meet the unique needs of MSMEs. Unlike many other financial institutions, our focus extends beyond businesses in the heart of cities. We aim to cater to all, even those operating from the back and beyond. Our goal is simple—empower local businesses to thrive and, in turn, strengthen communities across the state.
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Looking ahead, our vision is ambitious yet clear. IREP aims to become a 5,000-crore enterprise with the support of 2,500+ employees and 350+ branches by 2028, driving better productivity and profitability across the regions we serve. Karnataka is just the beginning, and we are excited to play a pivotal role in the state's economic growth by offering tailored credit solutions to its vibrant MSME sector.
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A special thanks to Dr Sachin Sabnis for gracing the inauguration in Belgavi
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Sanjeev Verma Sudiip Bhataacharya Srimoyee Kar Manmohan Shetty Kaustubh Tallur Dipika Nandy Mohit Dandekar Rachana Bajaj Gavin Aguiar
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#financialinclusion #womenentreprenuers #viksitbharat
Finance at Fincare Small Finance Bank
1 个月I hope more branches will open and build a good healthy portfolio, may God also give good growth, congratulations Sanjeev sir and Rachana madam
Open to Work @HFC / NBFC / Banking - 14+Years Experience
2 个月Congrats Naresh Sir !
Managing Partner & Founder - BEGUR & PARTNERS (formerly ARA Law) | Solicitor of Supreme Court, England and Wales | Keynote Speaker
2 个月Congratulations Naresh Naik
Sr. Customer Solutions Architect at TELUS Business Solutions
2 个月Congrats Naresh! Wishing you continued success
Owner Sakshi enterprises
2 个月Congrats Naresh!