Mumbai, Feb 26 – EPIC World has launched the Entrepreneurial Households India (EHI) Index to track the performance of 34 publicly listed companies catering to entrepreneurial households (EHs). Developed in collaboration with Morningstar Indexes, the EHI Index will provide calculation services and insights into this rapidly expanding sector.
The index features key financial entities such as Au Small Finance Bank, Bajaj Finance, Shriram Finance, Bandhan Bank Ltd, and Ujjivan Small Finance Bank. According to EPIC World, these companies collectively boast a market capitalization of $115 billion and have achieved a five-year revenue CAGR of 22%.
Unlocking a $100 Trillion Economic Opportunity
EPIC World, backed by impact investor Elevar Equity, aims to build 50 blue-chip companies catering to EHs, which are characterized by multiple income sources and aspirations for socio-economic mobility. The platform envisions a tenfold growth in India's EH sector, estimating it to expand from $10 trillion in FY24 to $100 trillion over the next 20 years."The EHI Index has outperformed the NIFTY 50 and NIFTY Financial Services Index since its base date of January 2017," EPIC World stated, reinforcing the sector’s high-growth potential.
Jyotsna Krishnan, CEO and Co-founder of EPIC World and Managing Partner at Elevar Equity, emphasized the economic significance of EH-focused businesses.
"EH-focused businesses are a high-growth, commercially competitive asset class. The Index challenges the notion that only India's top 10% drive spending power, highlighting entrepreneurial households as key contributors to economic growth," Krishnan stated.
With the launch of the EHI Index, EPIC World aims to provide investors and industry stakeholders with critical insights into a sector poised for exponential growth.
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