Godrej Capital’s Aarohi Empowers 1,600 Women, Crosses ₹1,116 Crore in First-Year Bookings

Bangalore: Godrej Capital, a subsidiary of Godrej Industries, announced that its women-focused lending initiative Aarohi has achieved loan bookings worth ₹1,116 crore within its first year of operations. Launched in November 2024, Aarohi has built an asset base of ₹552 crore and onboarded over 1,600 women customers across India.

Karnataka has emerged as the largest contributor, accounting for 26% of Aarohi’s customer base with 424 women borrowers from Bengaluru, Mangaluru, and Mysore. Maharashtra follows as the second-largest contributor, with Tamil Nadu, Andhra Pradesh, and Telangana also showing strong traction.

According to NITI Aayog, only 3% of loans availed by women nationally are for business purposes, underscoring the limited flow of credit toward entrepreneurial needs. Aarohi aims to bridge this gap by offering tailored credit products, skill-building initiatives, and collaboration opportunities. The program focuses on empowering women across the “four C’s” — as customers, channel partners, colleagues, and through CSR initiatives.

Manish Shah, MD & CEO of Godrej Capital, said: “For India to unlock its full economic potential, our credit systems must be more inclusive, equitable, and intentionally designed for women. Aarohi aims to bridge this gap by offering fair financial access, capability-building support, and a platform that strengthens long-term economic participation. When women progress, businesses grow and communities thrive.”

Business Performance Highlights

• Godrej Housing Finance Ltd (GHFL) contributed 56% of total bookings, led by over ₹600 crore from Prime Home Loans.
• Godrej Finance Ltd (GFL) accounted for 44%, supported by ₹220 crore from Prime LAP.
• Salaried customers under Prime Home Loans make up 36% of the customer base, contributing 50% of booking value.
• Women entrepreneurs represent 55% of the portfolio across Business Loan and LAP products.

Growth Outlook

Godrej Capital plans to expand Aarohi’s reach significantly over the next three years. The company aims to increase penetration from 10% in FY26 to 16% in FY27 and 22% in FY28, targeting over 10,000 customers by FY28.