Authum Invstmnt

Authum is a registered Non-Banking Financial Company that specialises in investing and lending as its core business operations, acquired by its promoters in fiscal year 2019-20. The company is driven by a vision of building an institution that extends across generations, economic cycles, and time, focusing on long-term sustainable value. Its strategy involves a unique 'double-barrelled' engine, using gains from its equity business to create an internal resource pipeline for its credit business. It has diversified its investments across various instruments, including publicly listed and unlisted companies, private equity, real estate, and structured financing for emerging companies. A key strategic move was the acquisition of Reliance Commercial Finance Limited and Reliance Housing Finance Limited, where Authum emerged as the highest bidder. As a result of its focused strategy, the company's assets under management for the fiscal year 2023-24 grew by 176.43% to stand at ₹10,682.22 Crores.;