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Incorporated in 1993, Credit Analysis & Research Ltd (CARE) India Ltd is the leading agency covering many rating segments comprising manufacturing, infrastructure, a financial sector including banks, non-financial services and many more. Serving the market for over three decades, CARE LTD. has emerged as a pioneer in credit rating agencies in India. Its main corporate office is at Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai, Maharashtra, India. The company has many numerous corporate offices stretching all over the country from New Delhi to Coimbatore and from Ahmedabad to Kolkata.
The credit rating agency aims to provide best-in-class tools, analyses and insights, enabling customers to make informed decisions. CARE India Ltd. is a research and analytics company that provides decision making and risk mitigation services to its clients all over the nation. The company is listed on the Bombay and National Stock Exchange list.
The enterprise, headed by Manoj Gopalakrishna, commenced its operations in the year 1993.
In 1999, the company started its first wholly-owned subsidiary named CARE Risk Solutions Pvt Ltd. The listed subsidiary transpired as one of Asia leading Enterprise Risk Management solutions companies. In 2016, CARE INDIA LTD. established a public wholly-owned subsidiary intending to proffer financial advisory service.
In 2001, Care India was among the founding members of the Association of Credit Rating Agency in Asia. The esteemed company has successfully launched the rating of Real Estate Investment Trusts (REITs).
The credit rating agency has recently signed an MoU with Tresata Inc, the world first 'AI'tomation company.
The company has an expansive range of products which they offer to their clients
2006- Initiated Research Division. In the following year, the company agreed to provide technical assistance to a rating agency in one of the Latin American countries.
During 1997-2000, CARE Ltd. Launched ‘CARE Loan Ratings’ for rating term loans. India’s First Consumer Durable Asset Pool Securitisation Rating was assigned to the company during 2005-2008.
During the year 2008, they received a quality certification ISO(9001).
The company is recognized by the Securities and Exchange Board of India (Sebi), Government of India (GoI), along with Reserve Bank of India (RBI).
During 2005-2008, CARE INDIA Ltd. received External Credit Assessment Institutions (ECAI) recognition. At the same time phase, the company received a mandate from the Ministry of Urban Development under Jawaharlal Nehru National Urban Renewal Mission (JNNURM).
During 2013- 2015, CARE India Ltd. had been rated the first green infrastructure bond. It got enlisted by the Government of Karnataka for a rating of the Tourism sector in the state.
The ace rating company grabbed a trophy for the Financial Express CFO Platinum Award.
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