About IndiaLends
IndiaLends is a company based in Gurugram (India) founded in 2014 by Sangeeta Chopra and Gaurav Chopra was acquired by Freo in May 2026. IndiaLends has raised $30.11 million across 6 funding rounds from investors including American Express, Freo and Indostar Capital Finance. The company has 329 employees as of July 30, 2024. IndiaLends operates in a competitive market with competitors including Tala, i2i, Epimoney, Namaste Credit and TrillionLoans, among others.
- Headquarter Gurugram, India
- Employees 329 as on 30 Jul, 2024
- Founders Sangeeta Chopra, Gaurav Chopra
- 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 Gc Web Ventures Private Limited
- Date of Incorporation 12 Mar, 2013
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.16 M (USD)242.22as on Mar 31, 2022
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Net Profit
-$1.24 M (USD)33.91as on Mar 31, 2022
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EBITDA
-$1.4 M (USD)23.17as on Mar 31, 2022
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Total Equity Funding
$30.11 M (USD)
in 6 rounds
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Latest Funding Round
$5.22 M (USD), Series C
Mar 19, 2021
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Investors
American Express
& 21 more
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Employee Count
329
as on Jul 30, 2024
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Acquired by
Freo
(May 07, 2026)
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People of IndiaLends
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Funding Insights of IndiaLends
IndiaLends has successfully raised a total of $30.11M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $5.22 million completed in March 2021. 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 IndiaLends
IndiaLends has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include American Express, Freo and Indostar Capital Finance.
| Investor | Description | Founded Year | Domain | Location |
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ACP Partners is engaged in providing capital solutions to family businesses.
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Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Venture capital funding and support for mobility and electric vehicle startups in India.
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Investor details for IndiaLends
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Investments & Acquisitions by IndiaLends
Investment portfolio details for IndiaLends
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Financial Statements - IndiaLends
Detailed financials for IndiaLends
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Indialends Comparisons
Peer comparison for IndiaLends
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Competitors of IndiaLends
IndiaLends 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 Tala, i2i, Epimoney, Namaste Credit and TrillionLoans, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fintech services for credit, savings, and payments are delivered globally.
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Borrowers are connected with investors through P2P lending services.
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Consumer and business loans are facilitated via an online platform.
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API-enabled loan automation solutions are provided for banks and lenders.
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Gold loans are facilitated via an online consumer marketplace.
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Detailed competitors of IndiaLends
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Latest news on Indialends
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Frequently Asked Questions about IndiaLends
IndiaLends was founded in 2014 and raised its 1st funding round 1 year after it was founded.
IndiaLends is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Gaurav Chopra is the current CEO of IndiaLends. They have also founded this company.
IndiaLends is a funded company, having raised a total of $30.11M across 6 funding rounds to date.
As of Jul 30, 2024, the latest employee count at IndiaLends is 329.
Annual revenue of IndiaLends is $3.16M as on Mar 31, 2022.
IndiaLends was established in 2014 in Gurugram, India, as a fintech platform in the lending sector. Borrowers are connected with banks and NBFCs for personal loans, business loans, gold loans, and loans against mutual funds. Credit card applications from various banks are enabled, along with credit score tracking and reporting services. Operations focus on simplifying access to financial products through an online interface.
IndiaLends has 22 investors. Key investors include American Express, Freo, Indostar Capital Finance, Motherson, and AdvantEdge.
The valuation of IndiaLends is $27.79M as of Mar 2021.