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Overview
FlexiLoans is a lending platform for SMEs to access quick, flexible, and adequate funds to grow their businesses.
Over 80% of loan proposals from SMEs currently are rejected by institutional channels on account of inadequate financial history or collaterals. With the fast and ubiquitous digital adoption in India and increased avenues to leverage data analytics, they are standing on the verge of banking transformation in this country which will help in efficiently catering to the large untapped and unserved demand. They wish to make the ‘social and alternative scoring’ of SMEs and individuals a big opportunity for the economy that will far out place the limited insights that financial bureau provide. They believe their technology-powered online marketplace is the best model to meet the financial requirements of SME’s who do not have credit history and hence cannot avail loans from traditional banking channels.
Founded in 2016, FlexiLoans has its headquarters in Mumbai, Maharashtra, India.
About
Information Technology, Financial Services, Venture Capital, FinTech, Banking, Lending, Payments
2016
251-500
Headquarters locations
India, Asia
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FlexiLoans headquartered in India, Asia, operates in the Information Technology, Financial Services, Venture Capital, FinTech, Banking, Lending, Payments sector. The company focuses on Information Technology and has secured $27.3B in funding across 196 round(s). With a team of 251-500 employees, FlexiLoans is actively contributing to advancements in Information Technology. Their latest funding round, Venture Round - FlexiLoans, raised $15.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
8
4
0
$139.4M
Details
1
FlexiLoans has raised a total of $139.4M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2022 | Early Stage Venture | 28.0M |
Investors
FlexiLoans is funded by 21 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Vikram Sud | - | FUNDING ROUND - Vikram Sud | 15.0M |
Anil Jaggia | - | FUNDING ROUND - Anil Jaggia | 15.0M |
FlexiLoans | - | FUNDING ROUND - FlexiLoans | 15.0M |
Narayan Seshadri | - | FUNDING ROUND - Narayan Seshadri | 15.0M |
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