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Bottomline: PremjiInvest-backed TVS Credit sustains healthy AUM growth in FY24

VCCircle · 11m

TVS Credit Services, the non-banking finance subsidiary of TVS Motor Company, achieved a 24% increase in assets under management (AUM) for FY24. With support from PremjiInvest, the company's AUM reached Rs 25,900 crore as of March 31st, up from Rs 20,900 crore the previous year. This growth can be attributed to expansion across various product categories.