i-lend

i-lend

lending | p2p lending
website linkedin address
  • FOUNDING YEAR: 2012
    LOCATION:
    India
    REGION:
    Andhra Pradesh
    Last Update:
    18 Oct, 2019

Description

i-lend is an online peer-to-peer platform that connects borrowers who are in need of money to investors who are ready to invest. Borrowers can apply for small loans between Rs.25k - Rs.1L for 6 Months or 12 month period.
i-lend is an online peer-to-peer platform that connects borrowers who are in need of money to investors who are ready to invest. Borrowers can apply for small loans between Rs.25k - Rs.1L for 6 Months or 12 month period.

FOCUS


PRODUCTS & SERVICES:
A P2P Lending Platform, where one can borrow personal loans from `25,000 - 2 lakh for a duration of 6-24 months or become an investor by lending as low as 10,000.
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Lenddo - credit risk assessment and verification company
COMMENT
It provides quick, hassle-free, unsecured personal loans for its customers
PRODUCTS & SERVICES:
A P2P Lending Platform, where one can borrow personal loans from `25,000 - 5 lakh for a duration of 6-24 months or become an investor by lending as low as 10,000.
REVENUE MODEL:
Viewable by subscribers only
TOP PROBLEM SOLVED:
We are India's leading Alternative Lending , P2P lending company.
PRODUCT DEVELOPMENT STAGE
V2.0 or BEYOND
PRODUCT DEVELOPMENT COMMENT
Viewable by subscribers only
KEY DIFFERENTIATORS
Viewable by subscribers only
PRIMARY CUSTOMER TYPE
Viewable by subscribers only
PRODUCT ATTRIBUTES
Viewable by subscribers only

PEOPLE


FOUNDERS:
Shankar VVSSB, Mukesh Kothari, Niti Gupta
Board Members and Advisors:
Justice C.Y. Somayajulu, Roberto Mariani, Mehul Mukati
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
Angel Investment Network, Angaros Group, Brand Capital, 50k Ventures
FOUNDERS:
Shankara Vaddadi, Niti Gupta
NUMBER OF EMPLOYEES:
11-50
KEY EMPLOYEES:
CEO: Shankara Vaddadi
CTO: BalaRamakrishnan Tanjore
TEAM COMMENT:
Viewable by subscribers only

TRACTION


Insufficient information for accurate analysis
ANNUAL REVENUE:
$0 - $99k in 2017
ACTIVE USERS/ACCOUNTS:
12 K in 2012
LIVE USERS/TRANSACTIONS:
Viewable by subscribers only
CHANNEL STATUS
Viewable by subscribers only
NUMBER OF CLIENTS OR PAYING CUSTOMERS:
Viewable by subscribers only

MOMENTUM


FUNDED:
YES
DATE OF LAST FUNDING:
May 2017
TOTAL FUNDING COMMENT:
The company is planning to use the fund on marketing, scaling up and expanding its core team(May 2017).
SEED CLOSED ON:
May 2017
SEED PRIOR FUNDING COMMENT:
An undisclosed seed fund raised in May 2017.
LISTED:
NO
FUNDING COMPLETED:
Viewable by subscribers only
FUNDED:
YES
TOTAL FUNDING:
$500 K
LISTED:
Viewable by subscribers only
FUNDING SERIES:
Series A
Apr 2017
$500 K
at a $3 valuation

FOR INVESTORS

FUNDING NEEDED
$1
USES OF FUNDS RAISED
Viewable by subscribers only
EXIT STRATEGY
Viewable by subscribers only
MONTHS LEFT WITH CURRENT CASH BURN RATE
Viewable by subscribers only
COMPETITORS
Viewable by subscribers only

LATEST RESEARCH


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