LiquiLoans
LiquiLoans (operated by NDX P2P Private Limited) is an RBI-registered NBFC-P2P lending platform that matches individual lenders with borrowers, aiming to eliminate the margin charged by banks/NBFCs. Founded by Achal Mittal and Gautam Adukia (former Rentomojo co-founders) in 2018. In September 2022, CRED agreed to invest about $10 million for a minority stake in the company, deepening a partnership that…
LiquiLoans: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 22 Jan 2019 | Pre-Series A | ₹12 Cr ($1.68 Mn) | Z47 Abhishek Dalmia Jitendra Panjabi Kunal Shah | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 17 Sep 2022 | CRED | LiquiLoans | $10 Mn | source |
Recent Signals
News on LiquiLoans
No coverage of LiquiLoans linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on LiquiLoans
Who founded LiquiLoans?
LiquiLoans was founded by Achal Mittal, Gautam Adukia in 2018.
How much funding has LiquiLoans raised?
LiquiLoans has raised $1.68 Mn across 1 tracked funding round(s), most recently on 2019-01-22. Figures are compiled from cited public sources.
Who are the investors in LiquiLoans?
Investors in LiquiLoans include Z47, Abhishek Dalmia, Jitendra Panjabi, Kunal Shah.
What does LiquiLoans do?
LiquiLoans (operated by NDX P2P Private Limited) is an RBI-registered NBFC-P2P lending platform that matches individual lenders with borrowers, aiming to eliminate the margin charged by banks/NBFCs. Founded by Achal Mittal and Gautam Adukia (former Rentomojo co-founders) in 2018. In September 2022, CRED agreed to…
Where is LiquiLoans headquartered?
LiquiLoans is headquartered in Mumbai, Maharashtra, India.
What is LiquiLoans's business model?
LiquiLoans's core value proposition centers on Higher returns for lenders via disintermediation, Cheaper borrowing.
How does LiquiLoans make money?
LiquiLoans's cited revenue streams include Fee income from lenders, Processing charges / subvention from borrowers, Penal charges.