
About Aasaan Credits
Aasaan Credits was a Financial Services company based in Delhi (India) by Tilak Chandana. It provides comprehensive online solutions for consumer and business loans. It operates on a B2C model. Its Indian entity Aasaan Credits Private Limited reported revenue of βΉ9.7 Lakh. The company is recorded as dissolved. Its focus areas include Banking, Consumer Lending and Online Loans. Its competitors include L & T Finance Holdings, IIFL Finance and Finnable; 1 of its 3 listed competitors has raised funding.
Company details
Aasaan Credits provides comprehensive online solutions for consumer and business loans, focusing on offering financial products and advice, banking, consumer lending, and online loans. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Delhi, India
- Founders Tilak Chandana
- SectorsFinancial Services
- Website aasaancredits.com
- Legal Name Aasaan Credits Private Limited
- Date of Incorporation 28 May, 2015
- Jurisdiction Delhi, India
- Annual Revenue₹9.7 Lakh
FY 2023 · -74% YoY
- Net Loss-₹3.6 Lakh
FY 2023 · -37% margin
- EBITDA-₹8.1 Lakh
FY 2023 · -83% margin
Associated legal entities of Aasaan Credits
Aasaan Credits operates through Aasaan Credits Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aasaan Credits Private Limited CIN U65100DL2015PTC280925 | Active | 28 May 2015 | Delhi, Delhi | ₹0.1 Cr | 3 | View details |
Board of directors of Aasaan Credits Private Limited (Aasaan Credits)
Aasaan Credits Private Limited is the primary company behind Aasaan Credits. The board of Aasaan Credits Private Limited currently have 3 directors; the longest-serving is Karuna Chandna, appointed in 2019. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karuna Chandna DIN 00030712 | Director | 01 Oct 2019 | 7 yrs | Aasaan Credits Private Limited |
| Krishan Kumar Taneja DIN 09396881 | Director | 12 Nov 2021 | 4 yrs 11 mo | Aasaan Credits Private Limited |
| Sukriti Chandna DIN 05339553 | Additional Director | 02 Sep 2025 | 1 yr 1 mo | Aasaan Credits Private Limited |
People of Aasaan Credits
1 people are tracked at Aasaan Credits (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tilak Chandana | Founder | Leadership |
Complete people profiles for Aasaan Credits
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Financials of Aasaan Credits
Figures of Aasaan Credits Private Limited, the primary company behind Aasaan Credits, for FY 2023. Revenue was ₹9.7 Lakh (-74% year on year). Net loss was -₹3.6 Lakh (-37% margin). EBITDA was -₹8.1 Lakh (-83% margin). Revenue has grown at a compounded annual rate of -28% over three years and +10% over five years.
- ₹9.7 LakhRevenue · FY 2023 · -74% YoY
- -₹3.6 LakhNet loss · -37% margin
- -₹8.1 LakhEBITDA · -83% margin
- ₹4.16 CrPaid-up capital
- -28%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aasaan Credits Private Limited are on its company page.
Detailed financial statements for Aasaan Credits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Aasaan Credits
Aasaan Credits has 3 listed competitors in our database, 1 of them funded. They include L & T Finance Holdings, IIFL Finance and Finnable.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. | ||
| finnable.com | 2015 | Bengaluru, India | $33.9M | 1,409 | Online personal loans with minimal documentation are offered digitally. |
Detailed competitors of Aasaan Credits
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Aasaan Credits (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Frequently Asked Questions about Aasaan Credits
Aasaan Credits is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Aasaan Credits, Aasaan Credits Private Limited, reported revenue of βΉ9.7 Lakh for FY 2023, down 74% year on year.
Aasaan Credits provides comprehensive online solutions for consumer and business loans, focusing on offering financial products and advice, banking, consumer lending, and online loans. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Aasaan Credits's top competitors include L & T Finance Holdings, IIFL Finance and Finnable.
Aasaan Credits operates through Aasaan Credits Private Limited.
The legal entities of Aasaan Credits currently have 3 directors, including Krishan Kumar Taneja, Sukriti Chandna, Karuna Chandna.