Microfinance Startup Investment Opportunity in Bangalore, India
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Microfinance + 1 more |
| Locations | Bangalore |
| Local Time | 6:33 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
- Hiring - 63%
- Marketing 14%
- Infra 10%
- Others 13%
- Business is a UPI based money lending system focused on college students.
- Business lend money on pre-approved short term credit.
- The student population is huge so the business plan to tap the market to meet credit needs for users at a young age.
- The platform also provides proper analytics of the spending behaviour of the user using algorithms.
- The Android and iOS apps for the same is under construction.
- The business is currently not operational but launching soon.
- Have partnerships with Hyperverge, ICICI, AWS, Cashfree and Paytm.
- The business is licensed by NBFC.
- Other details can be found in the pitch deck.
- UPI-based credit line.
- Analytics and category-wise summary of transactions.
- Loyalty and reward-based programs.
- Underwriting models.
As the business is majorly online, we have assets like laptops, computers, printers, mobiles and app.
Recently taken premise on lease in Bangalore.
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Earlier than 15 daysPromoter, Real Estate, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysManager, Financials, Mumbai, Corporate Investor / Buyer connected with the Business
