About Us

The name "Elexa" has its roots in ancient Greece and stands for ‘a defender of mankind’ or ‘born to help mankind’.

True to our name, we help distressed borrowers by providing practical and plausible solutions to unlock their status-quo of default. We assist such borrowers in regaining respect in the financial world, break the shackles of litigation and help attain freedom from disputes. Elexa aims to be a credible and responsible partner working as a catalyst to help distressed borrowers. We encourage progressive thinking borrowers to improve their creditworthiness and scores, to become bankable again. In cases where the business credibility and reputation is severely impacted, we work within the legal framework to salvage value as a fiduciary responsibility.

Elexa Resolution Advisors LLP is an advisory platform created in the niche space of acquiring and servicing distressed debt in India. Backed by eminent PE Firms and working alongside our partner ARC, we acquire pools of stressed assets and NPAs from Banks, NBFCs, HFCs and FIs. We sincerely believe that most borrowers earnestly want to repay their loan obligations and may have suffered circumstantial disruptions in work or personal life as the prime reason for default. Given a choice, borrowers would like to avail of constructive options to save themselves from the stigma of being 'a defaulter' and work progressively to avoid the default quagmire.

Elexa plays the two critical business functions. On the one hand we help lenders by acquiring NPAs pools through conducting detailed due diligence, financial & risk assessment and valuations. On the other we also work alongside distressed borrowers or within the legal framework of the land to help resolve pools/cases and recover value, thus unlocking the default status.

Our Approach

Restructuring

Restructuring akin to rebuilding. We endeavour to work alongside the borrowers by allowing conducive terms, providing more time and innovative loan structuring solutions to enable the borrower to repay the debt. We help the borrowers to salvage pride, clear the default and make them bankable again. We also work alongside credit bureaus and to help recast the loan repayment, hence a chance to improve credit scores and bankability.

Innovative Solutions

While borrowers need to be cognizant and responsible for repaying the debt and the associated time-value-of-money, we help structure pragmatic solutions as an incentive to borrowers, to close loans quicker and cheaper. We keep the overall case facts, collateral, financial health and future prospects in mind, while negotiating responsible and practical settlements. Borrowers are contract bound to pay the total outstanding (TOS) including, but not limited to principal, interest, penalty interest, charges, legal costs. However, we keep a practical approach & suggest innovative structures to help close the loans.

Legal Recoveries

Incase the borrower is not able to repay the debt obligation through their own behest and constructive negotiations, we work within the legal framework of the land to recover the dues.