About Easiloan
Easiloan is a company based in Mumbai (India) founded in 2020 by Pramod Kathuria.. Easiloan has raised $3.53 million across 4 funding rounds from investors including Housing.com and Tomorrow Capital. The company has 41 employees as of April 05, 2024. Easiloan offers products and services including New Home Loan, Transfer Home Loan, and Loan Against Property. Easiloan operates in a competitive market with competitors including Better Mortgage, BASIC Home Loan, Unico Housing Finance, SimplyForHomes and Hinduja Housing Finance, among others.
- Headquarter Mumbai, India
- Employees 41 as on 05 Apr, 2024
- Founders Pramod Kathuria
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Easiloan Techno Solutions Private Limited
- Date of Incorporation 23 Nov, 2020
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$420.17 K (USD)136.65as on Mar 31, 2023
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Net Profit
$-460.93 K (USD)26.11as on Mar 31, 2023
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EBITDA
$-383.81 K (USD)32.42as on Mar 31, 2023
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Total Equity Funding
$3.53 M (USD)
in 4 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Nov 01, 2023
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Investors
Housing.com
& 1 more
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Employee Count
41
as on Apr 05, 2024
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Products & Services of Easiloan
Easiloan offers a comprehensive portfolio of products and services, including New Home Loan, Transfer Home Loan, and Loan Against Property. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides loans for new home purchases with competitive rates.
Enables shifting existing loans to better interest rates.
Offers secured loans using property as collateral.
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Funding Insights of Easiloan
Easiloan has successfully raised a total of $3.53M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.6 million completed in November 2023. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $1.6M
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First Round
First Round
(24 Feb 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Easiloan | Valuation | Housing |
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| Nov, 2022 | Amount | Seed - Easiloan | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - Easiloan | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Easiloan
Easiloan has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Housing.com and Tomorrow Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are directed toward consumer brands by the firm.
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Founded Year | Domain | Location | |
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Online platform for buying, renting, and selling residential and commercial properties
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Easiloan
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Easiloan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Easiloan Comparisons
Competitors of Easiloan
Easiloan 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 Better Mortgage, BASIC Home Loan, Unico Housing Finance, SimplyForHomes and Hinduja Housing Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential mortgage loans are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Home loan products are compared and applications supported via platform.
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| domain | founded_year | HQ Location |
Operates an online platform for mortgage loans to consumers.
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| domain | founded_year | HQ Location |
Operates a digital platform for home improvement loans.
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| domain | founded_year | HQ Location |
Diversified residential mortgage loans are offered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Easiloan
Frequently Asked Questions about Easiloan
When was Easiloan founded?
Easiloan was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Easiloan located?
Easiloan is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Easiloan?
Pramod Kathuria is the current CEO of Easiloan. They have also founded this company.
Is Easiloan a funded company?
Easiloan is a funded company, having raised a total of $3.53M across 4 funding rounds to date. The company's 1st funding round was a Seed of $479.82K, raised on Feb 24, 2021.
How many employees does Easiloan have?
As of Apr 05, 2024, the latest employee count at Easiloan is 41.
What is the annual revenue of Easiloan?
Annual revenue of Easiloan is $420.17K as on Mar 31, 2023.
What does Easiloan do?
Founded in 2020 and based in Mumbai, India, Easiloan operates as a digital marketplace in the fintech sector focused on home loans. AI-based technology is utilized for online end-to-end loan processing. Access is provided to customer profiles spanning various segments, loan values, and geographies, enabling tailored solutions for users.
Who are the top competitors of Easiloan?
Easiloan's top competitors include Better Mortgage, BASIC Home Loan and SimplyForHomes.
What products or services does Easiloan offer?
Easiloan offers New Home Loan, Transfer Home Loan, and Loan Against Property.
Who are Easiloan's investors?
Easiloan has 2 investors. Key investors include Housing.com, and Tomorrow Capital.
What is Easiloan's valuation?
The valuation of Easiloan is $6.41M as of Nov 2023.
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