LoanKuber funding, investors and company details
LoanKuber is an emerging Financial Services - Fintech - Lending startup from New Delhi, working in the space of Operates an online mortgage lending platform targeting low-income communities and MSMEs with loans from ₹3-10 lakhs against residential/commercial properties. Founded by Saurabh Nagpal, Gaurav Balhara, Shobha Sridhar.
- Company: SocialLending Technologies and Holdings Private Limiited
- Sector: Financial Services - Fintech - Lending
- Location: New Delhi
- Founders: Saurabh Nagpal, Gaurav Balhara, Shobha Sridhar
- Total funding raised: ₹45.88 Cr
Company overview
LoanKuber operates an online mortgage lending platform targeting low-income communities and MSMEs with loans from ₹3-10 lakhs against residential/commercial properties. Core activities include data-driven property valuation using analytics, automated borrower onboarding via online applications, matching with financial partners like Janasha, dedicated RM support, and rapid disbursal within 1-2 weeks. The platform serves segments like daily wage workers, kirana stores, small traders, and vendors with tenures up to 7 years at 24-26% ROI, emphasizing encryption-secured data, transparent EMI calculations, and end-to-end process management for business expansion/working capital.
Funding rounds
- Latest round: $ 3.50 Mn (₹29.35 Cr.), 2024-08-23. Investors: TRTL Ventures, Inflection Point Ventures (IPV)
- Past round (Series A): $ 2.00 Mn (₹16.53 Cr.), 2023-02-16. Investors: LetsVenture, Prashant Tandon (1Mg), Pankaj Vermani (Clovia), Vishal Gupta (TA Associates)