What is LenDenClub's business focus and history?
LenDenClub, founded in 2015 by Bhavin Patel and Dipesh Karki, is a private company based in Mumbai, India. Operating as a peer-to-peer lending platform, it connects investors seeking high returns with creditworthy borrowers, promoting financial inclusion and offering alternative investment opportunities. The company has raised $10 million in Series A funding, valuing it at $51 million. LenDenClub has 251-1000 employees and is recognized as India's largest P2P lending platform.
LenDenClub Corporate Details & Core Services
LenDenClub is India's largest peer-to-peer lending platform, connecting investors seeking high returns with creditworthy borrowers. The platform offers a transparent and hassle-free experience, enabling financial inclusion and providing alternative investment opportunities.
LenDenClub Contact Information & Official Links
What are LenDenClub's Key Business Metrics & Stats?
No of employees
Founded year 2015
Type private
Industry Financial Services
Location Mumbai, Maharashtra, India
Pricing Strategy Fixed-Maturity P2P Plan (FMPP)
LenDenClub
Firmographic Snapshot
2026
2015
Founded Year
Global Employees
India
Headquarters
Financial Services Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has LenDenClub raised to date?
Name
Description
Funding Amount
USD 10 Million
Stage
Series A
Latest Valuation
51 Million (USD)
Investors
Various Investors
What are LenDenClub's Core Products?
Name
Description
Fixed-Maturity P2P Plan (FMPP)
A lending plan that enables members to lend money for a fixed tenure, offering predictable returns.
What are the latest developments at LenDenClub?
Date
Type
Description
February, 2024
Regulatory Action
The RBI fined LenDenClub ₹1.99 crores for violating P2P lending and digital lending norms.
What industry awards and recognitions has LenDenClub received?
Date
Type
Description
,
Industry Recognition
Deloitte Tech Fast 50
What are LenDenClub's official legal and registration details?
Name
Description
Legal Name
Innofin Solutions Pvt. Ltd.
Cin number
U65990MH2022PTC376689
GST number
Registration number
N-13.02267
Who is in LenDenClub's executive leadership team?
Name
Designation
CEO
Bhavin Patel
CTO & Co-founder
Dipesh Karki
Chief Business Officer
Nicky Sehwani
Chief Operating Officer
Mudit Agarwal
Head - Finance
Nirav Doshi
Head - Engineering
Nilay Kothari
Chief Data Science Officer
Virendrakumar Pal
Lead - Human Resources
Sumeet K Bal
Where are LenDenClub's primary office locations?
City
Country
Mumbai
India
What are the current business signals and market intelligence for LenDenClub?
Pain points
Limited access to traditional credit, Need for alternative investment opportunities
Sales motion
Online platform facilitating direct connections between lenders and borrowers
Buyer Persona
Retail investors seeking higher returns, Borrowers needing quick personal loans
Type of customer
Individual Investors, Individual Borrowers
Key customer domain
What are LenDenClub's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
Glassdoor Rating
Saas
No
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
No
Mobile App
Yes
Retail
No
B2B
No
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
