About DhanLAP
DhanLAP is a company based in Chennai (India) founded in 2020 by C R Chandrasekar. DhanLAP has raised $1.15 million across 2 funding rounds from investors including Quantum Advis, Ravi Sundararajan and Swaminath Rajagopal. DhanLAP operates in a competitive market with competitors including Yuanbao, Weidai, Ocean Finance, Mnzl and FundingSecure, among others.
- Headquarter Chennai, India
- Founders C R Chandrasekar
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Ark Neo Financial Services Private Limited
- Date of Incorporation 30 Mar, 2020
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$38.89 K (USD)54.77as on Mar 31, 2024
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Net Profit
-$237.04 K (USD)-78.26as on Mar 31, 2024
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EBITDA
-$190.02 K (USD)-32.81as on Mar 31, 2024
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Total Equity Funding
$1.15 M (USD)
in 2 rounds
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Latest Funding Round
$877.05 K (USD), Seed
Jul 26, 2022
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Investors
Quantum Advis
& 2 more
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Employee Count
Not available
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Funding Insights of DhanLAP
DhanLAP has successfully raised a total of $1.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $877.05 thousand completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in DhanLAP
DhanLAP has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Quantum Advis, Ravi Sundararajan and Swaminath Rajagopal.
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Ravi Sundararajan |
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Swaminath Rajagopal |
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Investor details for DhanLAP
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Investments & Acquisitions by DhanLAP
Investment portfolio details for DhanLAP
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Financial Statements - DhanLAP
Detailed financials for DhanLAP
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Dhanlap Comparisons
Peer comparison for DhanLAP
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Competitors of DhanLAP
DhanLAP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yuanbao, Weidai, Ocean Finance, Mnzl and FundingSecure, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online digital currency as a collateral-based P2P lending platform
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P2P lending secured by automobiles is offered in China.
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| Locked | Locked | Locked |
Personal and homeowner loans are brokered online for UK residents.
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Digital wallet platform offering asset-backed loans
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Asset-backed personal loans are funded via an online P2P platform.
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Detailed competitors of DhanLAP
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Latest news on Dhanlap
Complete news archive for DhanLAP
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Frequently Asked Questions about DhanLAP
DhanLAP was founded in 2020 and raised its 1st funding round 1 year after it was founded.
DhanLAP is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
C R Chandrasekar is the current CEO of DhanLAP. They have also founded this company.
DhanLAP is a funded company, having raised a total of $1.15M across 2 funding rounds to date.
Annual revenue of DhanLAP is $38.89K as on Mar 31, 2024.
DhanLAP was founded in 2020 in Chennai, India, within the fintech sector. A digital marketplace is operated to facilitate asset-backed loans. Collateral options such as gold, mutual fund investments, insurance policies, and stocks are accepted from users. Loan applications are processed after details and supporting documents are submitted, enabling access to credit based on provided assets.
DhanLAP's top competitors include Yuanbao, Weidai and Ocean Finance.
DhanLAP has 3 investors. Key investors include Quantum Advis, Ravi Sundararajan, and Swaminath Rajagopal.
The valuation of DhanLAP is $3.39M as of Jul 2022.