IndiaMoneyMart

Mumbai, India Founded: 2015 • Age: 11 yrs
IndiaMoneyMart is operated as a peer-to-peer lending platform in India.
Annual revenue $19,418 Latest available
Total funding $416,795 2 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About IndiaMoneyMart

IndiaMoneyMart is a company based in Mumbai (India) founded in 2015 by Amit Saxena. It operates as a Peer-to-Peer (P2P), FinTech, and Commission-Based. IndiaMoneyMart has raised $416.8 thousand across 2 funding rounds from investors including Red Fort Systems, EPIC Marketing and Madhav Prasad Jalan. IndiaMoneyMart offers products and services including P2P Lending Platform and Supply Chain Loans. IndiaMoneyMart operates in a competitive market with competitors including Money View, mPokket, LendenClub, MyShubhLife and Olyv, among others.

  • Headquarter Mumbai, India
  • Founders Amit Saxena
  • Sectors
    Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Fair Vinimay Services Private Limited
  • Date of Incorporation 13 Jul, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $19.42 K (USD)
    47.93
    as on Mar 31, 2023
  • Net Profit
    -$4.03 K (USD)
    80.57
    as on Mar 31, 2023
  • EBITDA
    -$8.28 K (USD)
    68.6
    as on Mar 31, 2023
  • Total Equity Funding
    $416.8 K (USD)

    in 2 rounds

  • Latest Funding Round
    $239.73 K (USD), Seed

    Apr 02, 2018

  • Investors
  • Employee Count
    Not available
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Products & Services of IndiaMoneyMart

IndiaMoneyMart offers a comprehensive portfolio of products and services, including P2P Lending Platform and Supply Chain Loans.

Product name locked
Category locked
Primary

A platform connecting lenders with small business borrowers.

Product name locked
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Short-term loans provided for small business inventory needs.

Funding Insights of IndiaMoneyMart

IndiaMoneyMart has successfully raised a total of $416.8K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $239.73 thousand completed in April 2018. 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 IndiaMoneyMart

IndiaMoneyMart has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Red Fort Systems, EPIC Marketing and Madhav Prasad Jalan.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Provider of wireless telecommunication infrastructures
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Provides security and remote monitoring solutions.
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Madhav Prasad Jalan

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Investor details for IndiaMoneyMart

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Investments & Acquisitions by IndiaMoneyMart

Investments
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Investment portfolio details for IndiaMoneyMart

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Financial Statements - IndiaMoneyMart

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Detailed financials for IndiaMoneyMart

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Indiamoneymart Comparisons

IndiaMoneyMart Primary company
Description
IndiaMoneyMart is operated as a peer-to-peer lending platfor...
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$19.42 K (USD)
Net Profit
-$4.03 K (USD)
EBITDA
-$8.28 K (USD)
Employees
Not available
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Peer comparison for IndiaMoneyMart

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Competitors of IndiaMoneyMart

IndiaMoneyMart 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 Money View, mPokket, LendenClub, MyShubhLife and Olyv, among others.

Company Name Domain Founded year HQ Location Description
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Loans, credit cards, gold investments, insurance, and UPI are provided.
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Provider of a digital lending platform offering instant personal loans to underserved youth, providing financial solutions through a mobile app
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Developer of a P2P lending platform for personal loans
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Embedded finance and personal loan solutions for businesses are offered.
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Personal loans and savings options are provided for users.
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Peer-to-peer lending platform is provided to connect lenders and borrowers.
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Detailed competitors of IndiaMoneyMart

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Latest news on Indiamoneymart

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Complete news archive for IndiaMoneyMart

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Frequently Asked Questions about IndiaMoneyMart

IndiaMoneyMart was founded in 2015 and raised its 1st funding round 1 year after it was founded.

IndiaMoneyMart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

IndiaMoneyMart is a funded company, having raised a total of $416.8K across 2 funding rounds to date.

Annual revenue of IndiaMoneyMart is $19.42K as on Mar 31, 2023.

IndiaMoneyMart is managed as a leading peer-to-peer (P2P) lending platform in India, registered as an NBFC-P2P with the Reserve Bank of India. It is focused on connecting creditworthy small business borrowers with lenders seeking higher returns. The platform is specialized in supply chain loans for working capital, particularly for inventory purchases with terms ranging from 1 to 6 months. Operations are supported by a strong fintech infrastructure, on-ground assessments, and proprietary credit algorithms to ensure transparency and risk mitigation. Lenders are provided with diversified lending options and online tracking tools, while small businesses are empowered with access to critical capital for growth. The platform is recognized for fostering direct relationships and supporting women entrepreneurs.

IndiaMoneyMart's top competitors include Money View, LendenClub and RupeeRedee.

IndiaMoneyMart offers P2P Lending Platform and Supply Chain Loans.

IndiaMoneyMart has 10 investors. Key investors include Red Fort Systems, EPIC Marketing, Madhav Prasad Jalan, Santosh Agrawal, and Shraddhanand Agarwal.

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