Small NBFC Investment Opportunity in Hyderabad, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 14 thousand |
Run Rate Sales | USD 30 thousand |
EBITDA Margin | Nil |
Industries | FinTech + 1 more |
Locations | Hyderabad |
Local Time | 7:36 AM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Our client is into Peer-to-Peer (P2P) Lending with individuals transacting between themselves for small ticket size personal loans, without the need to go through a financial intermediary such as a bank or any other financial institution.
- They are a registered NBFC P2P lending platform. They have received the Certificate of Registration issued by the Reserve Bank of India.
- Our client's company was formed as an outcome of team’s many years of experience and learning in both the finance and technology world. They have vast experience in BFSI, Microfinance, P2P Lending and the entire gamut of various technologies available today to build web portals, mobile apps, tab-based apps, cloud-based applications.
- Currently, they have 12,000 registrations out of which borrowers are 10,000 and lenders are 2,000.
- To date, our client's platform has disbursed a loan value to the tune of INR 6 Cr. Currently have a capacity to lend out INR 25 Cr on platform through the lenders we have. In the future this amount would increase as more lenders sign up. The total amount of loan requested on the platform is INR 60 Cr presently.
- Our client has a larger vision to support individuals and MSEs and enable financial inclusion and empowerment across India by providing P2P personal loans and business loans to micro-enterprises.
- Company's assets include a deposit of INR 2 Crore for net owned funds which is required to receive NBFC license.
Platform for P2P lending which can be accessed through a Website, Back office application, Tab-Based app for operations and back-office staff, Mobile app for lender and borrower.
Rented office space of 1,200 Sq. Ft.
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Real Estate Construction And Finance, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Chit Funds, Chennai, Corporate Investor / Buyer connected with the Business