Mumbai, Nov 28: Godrej Capital, a subsidiary of Godrej Industries, announced that its women-focused initiative, Aarohi, has crossed over INR 1,116 crore in total loan bookings as of October 2025. Since its launch in November 2024, Aarohi has built an INR 552 crore asset base and onboarded over 1,600 customers within its first year. The programme has already met its FY26 target of 10 % penetration by customer count, demonstrating strong early-stage growth.
According to National Institution for Transforming India (NITI Aayog), only 3% of loans availed by women nationally are for business purposes, highlighting limited flow of credit towards their entrepreneurial needs. Aarohi, an initiative by Godrej Capital focuses on creating a more inclusive financial ecosystem for women through tailored credit offerings, skill-building initiatives, and opportunities for collaboration. By enabling women across the four C’s – as customers, channel partners, colleagues, and through CSR initiatives, Aarohi aims to deepen their participation and drive broader economic impact.
Speaking on this milestone, Manish Shah, MD and CEO, Godrej Capital, said “For India to unlock its full economic potential, our credit systems must be more inclusive, equitable, and intentionally designed for women. Despite their pivotal role in driving growth, women continue to face structural barriers across the financial ecosystem. Aarohi aims to bridge this gap by offering fair financial access, capability-building support, and a platform that strengthens their long-term economic participation. When women progress, businesses grow and communities thrive, Aarohi embodies our commitment to driving that momentum.”
Godrej Housing Finance Ltd (GHFL)., a subsidiary of Godrej Capital, contributed 56% of total bookings, driven by over INR 600 crore from Prime Home Loans, while Godrej Finance Ltd (GFL)., also a subsidiary, of Godrej Capital, accounted for the remaining 44%, supported by over INR 220 crore from Prime LAP.
Aarohi’s traction spans diverse customer profiles. Salaried customers under Prime Home Loans constitute 36% of the customer base and account for 50% of the booking value. Women entrepreneurs make up 55% of the portfolio across Business Loan and LAP products.
Karnataka accounted for more than a quarter of the customers, with Delhi and Andhra Pradesh emerging as the next largest contributors.
Over the next two financial years, Godrej Capital aims to strengthen Aarohi’s impact by increasing penetration from 10% in FY26 to 16 % in FY27 and 22 % in FY28, with a target of onboarding more than 10,000 customers by FY28.