As Aye goes public today, we feel immense pride in what Sanjay, Vikram and the team have built. Not just the scale - though the scale is remarkable - but the choices that created it: the conviction to serve customers everyone else ignored, the patience to build cluster expertise over a decade, the resilience to navigate crises that would have broken a lesser institution.

This IPO is a milestone. But knowing this team, we expect it will be treated like every other milestone: acknowledged briefly, and then used as fuel to go back to the mission.

Thank you, Sanjay, Vikram, and every member of the Aye Finance team, for letting us be part of this journey. It has been a privilege.

The mission is still just getting started.