IndiaLends' mission is to transform the Indian financial sector by using innovative data sources and cutting-edge technology. We are a marketplace that connects borrowers with lenders and also provide value-add services such as big-data analytics, credit risk assessment and verification and automated work-flows for loan origination and management.
A personal loan is a collateral-free credit facility extended by Banks and NBFCs to salaried and self-employed individuals. IndiaLends is the largest online personal loan provider in the country, having helped over a hundred and fifty thousand customers. Over 35 Banks and NBFCs have tied-up with IndiaLends to provide personal loans to varying customer profiles. Below, we've mentioned some of the key features of an easy personal loan you can get through IndiaLends.
Personal Loan Interest Rate:
Interest rates can vary based on the customer profile. Loan rates start at about 11.49%. To increase your chances of getting a low- interest rate loan, an individual should have a good credit history. Ideally, a CIBIL score greater than 750 is considered a good score.
Personal Loan Tenure:
The tenure period of a Personal Loan starts from 3 months and goes all the way up to 6 years. The choice of tenure is usually left up to the borrower. Depending on his need – short-term or long-term - borrower can ask for a tenure that suits his needs. The only thing to keep in mind is that the EMI (Equated Monthly Instalment) should be an amount which you can pay back easily every month.
A personal loan is a collateral-free credit facility extended by Banks and NBFCs to salaried and self-employed individuals. IndiaLends is the largest online personal loan provider in the country, having helped over a hundred and fifty thousand customers. Over 35 Banks and NBFCs have tied-up with IndiaLends to provide personal loans to varying customer profiles. Below, we've mentioned some of the key features of an easy personal loan you can get through IndiaLends.
Personal Loan Interest Rate:
Interest rates can vary based on the customer profile. Loan rates start at about 11.49%. To increase your chances of getting a low- interest rate loan, an individual should have a good credit history. Ideally, a CIBIL score greater than 750 is considered a good score.
Personal Loan Tenure:
The tenure period of a Personal Loan starts from 3 months and goes all the way up to 6 years. The choice of tenure is usually left up to the borrower. Depending on his need – short-term or long-term - borrower can ask for a tenure that suits his needs. The only thing to keep in mind is that the EMI (Equated Monthly Instalment) should be an amount which you can pay back easily every month.
Location: India, Delhi, New Delhi
Employees: 201-500
Total raised: $10.1M
Founded date: 2014
Investors 1
| Date | Name | Website |
| - | DSG Consum... | dsgcp.com |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 20.03.2021 | Series A | $5.1M | - |
| 01.12.2016 | Series A | $4M | - |
| 05.10.2015 | - | $1M | - |
Mentions in press and media 16
| Date | Title | Description |
| 22.03.2021 | IndiaLends Raises $5.1 Mn From Existing Investors | March 22, 2021 3 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Gurugram-based digital lending platform IndiaLends announced to ha... |
| 20.03.2021 | IndiaLends raises $5.1m from DSG, others and 8 more deal updates | ResearchPremium Digital lending platform IndiaLends has raised $5.1 million in a financing round led by existing investors ACP Partners and DSG Consumer Partners. The startup will use the funds to expand its technology platform, increase it... |
| 19.03.2021 | IndiaLends raises $5.1 mn from existing investors ACP Partners, DSG Consumer Partners | Funds to be used to expand tech platform, widen market footprint, amplify product offerings to meet pent-up demand in the post-Covid economic recovery Digital lending platform IndiaLends has raised $5.1 million in a funding round led by exi... |
| 09.07.2018 | IndiaLends raises $10m led by London’s ACPI Investment, Ganesh Ventures | Premium Delhi-based consumer lending startup IndiaLends has raised $10 million in a series B round of funding led by London-headquartered asset management firm ACPI Investment Managers and India-focused venture capital firm Ganesh Ventures.... |
| 09.07.2018 | AmEx Ventures-backed financial marketplace IndiaLends secures $10 Mn Series B round | Fintech startup IndiaLends has raised $10 million in its Series B round of funding led by London-based ACPI Investment Managers and India-focused Ganesh Ventures. The funding round also saw participation from existing investors such as Amer... |
| 02.12.2016 | IndiaLends.com Raises $4M in Series A Funding | IndiaLends.com, a New Delhi, India-based financial services startup, raised $4m in Series A funding. Backers included American Express Ventures, Cyber Carrier VC, DSG Consumer Partners, and AdvantEdge Partners. The company intends to use th... |
| 01.12.2016 | American Express Ventures leads $4m funding in fintech startup IndiaLends | Premium Delhi-based financial technology platform IndiaLends has raised $4 million (Rs 26.6 crore) in Series A round of funding led by American Express Ventures, the corporate venture investment arm of American Express Co., according to a p... |
| 23.09.2016 | Exclusive: 1mg founders, others back fin-tech startup InMotion | Fin-tech startup InMotion Media Ventures Pvt. Ltd has received an undisclosed amount of funding from online drug marketplace 1mg’s founders Prashant Tandon and Gaurav Agarwal, a top executive at the Noida-based startup told VCCircle. Gaurav... |
| 18.11.2015 | Startup assisting Airbnb hosts gets $2M from DN Capital and others | Hostmaker.co, a startup that provides housekeeping and concierge services to Airbnb hosts, has secured $2 million in seed funding from European VC firm DN Capital and other investors. DSG Consumer Partners, Avala Capital, Nikita Fahrenholz ... |
| 05.10.2015 | IndiaLends gets $1M more from DSG Consumer Partners, others | IndiaLends, an online marketplace that connects lenders and borrowers for unsecured loans, has raised $1 million in a bridge investment round led by existing investors DSG Consumer Partners, Siddharth Parekh and Gautham Radhakrishnan. The N... |
Show more