The company was incorporated as a private limited company on 9 March 2011 under Corporate Identity Number (CIN) U74120MH2011FTC214516 issued by Ministry of Corporate Affairs. On 4th February 2013, the company obtained its license as Non-Banking Financial Company in non-deposit taking category (NBFC-ND). As an NBFC-ND, the company was first to offer unsecured Instalment Finance Service in mobile phone sector along with other consumer durables. On 5th April 2017, the company launched E-bike finance with an objective to contribute to a clean and green environment. Further, on 16th October 2017, the company launched its Two-Wheeler financing business as part of product diversification. Now the company has two more products i.e. Personal Loan and Used Car Finance in its pipelines to be commenced shortly.