About Loan Granted
Loan Granted is a company based in Hyderabad (India) founded in 2011 by Srinath Kompella, Vijayaraghavan Venugopal, and Anil Kumar Pinapala.. Loan Granted has raised $153.73 thousand across 1 funding round from investors including Anil Kumar Pinapala. The company has 691 employees as of April 06, 2024. Loan Granted offers products and services including Personal Loan, Instant Loan, Cash Advance Loan, and Installment Loan. Loan Granted operates in a competitive market with competitors including Finnable, Kosh, Mirae Asset Financial Services, Phocket and PayU Finance India, among others.
- Headquarter Hyderabad, India
- Employees 691 as on 06 Apr, 2024
- Founders Srinath Kompella, Vijayaraghavan Venugopal, Anil Kumar Pinapala
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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 Vivifi India Finance Private Limited
- Date of Incorporation 09 Jul, 2016
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$28.75 M (USD)47.77as on Mar 31, 2024
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Net Profit
$2.36 M (USD)20.05as on Mar 31, 2024
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EBITDA
$12.81 M (USD)53.24as on Mar 31, 2024
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Total Equity Funding
$153.73 K (USD)
in 1 rounds
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Latest Funding Round
$153.73 K (USD), Seed
Mar 31, 2018
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Investors
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Employee Count
691
as on Apr 06, 2024
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Products & Services of Loan Granted
Loan Granted offers a comprehensive portfolio of products and services, including Personal Loan, Instant Loan, Cash Advance Loan, and Installment Loan. 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.
Unsecured loans for personal needs like emergencies or renovations.
Quick loans without documents for immediate financial requirements.
Short-term advances for urgent cash needs with flexible payments.
Loans repaid in installments for various personal expenditures.
Funding Insights of Loan Granted
Loan Granted has successfully raised a total of $153.73K through 1 strategic funding round. The most recent funding activity was a Seed round of $153.73 thousand completed in March 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $153,725
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First Round
First Round
(31 Mar 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Seed - Loan Granted | 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 Loan Granted
Loan Granted has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Anil Kumar Pinapala. 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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AK
Anil Kumar Pinapala |
Founder of Vivifi India, fintech innovator, and active angel investor
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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 Loan Granted
| 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 - Loan Granted
| 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 |
Loan Granted Comparisons
Competitors of Loan Granted
Loan Granted 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 Finnable, Kosh, Mirae Asset Financial Services, Phocket and PayU Finance India, 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 |
Online personal loans with minimal documentation are offered digitally.
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| domain | founded_year | HQ Location |
Community finance products are offered by Kosh for businesses.
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| domain | founded_year | HQ Location |
Platform offers financial solutions
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| domain | founded_year | HQ Location |
Various consumer loans are offered through an online platform.
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| domain | founded_year | HQ Location |
Personal loans are facilitated via an online lending marketplace.
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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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Frequently Asked Questions about Loan Granted
When was Loan Granted founded?
Loan Granted was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Loan Granted located?
Loan Granted is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Loan Granted?
Anil Kumar Pinapala is the current CEO of Loan Granted. They have also founded this company.
Is Loan Granted a funded company?
Loan Granted is a funded company, having raised a total of $153.73K across 1 funding round to date. The company's 1st funding round was a Seed of $153.73K, raised on Mar 31, 2018.
How many employees does Loan Granted have?
As of Apr 06, 2024, the latest employee count at Loan Granted is 691.
What is the annual revenue of Loan Granted?
Annual revenue of Loan Granted is $28.75M as on Mar 31, 2024.
What does Loan Granted do?
Loan Granted was founded in 2011 in Hyderabad, India, as an online platform in the consumer lending sector. Personal loans, vehicle loans, and loans against property up to 25 lakhs INR are extended for tenures of 3 to 5 years, with interest rates of 12 applied as of December 2017. Business loans up to 50 lakhs INR are offered for a 3-year tenure.
Who are the top competitors of Loan Granted?
Loan Granted's top competitors include Finnable, Mirae Asset Financial Services and PayU Finance India.
What products or services does Loan Granted offer?
Loan Granted offers Personal Loan, Instant Loan, Cash Advance Loan, and Installment Loan.
Who are Loan Granted's investors?
Loan Granted has 1 investor. Key investors include Anil Kumar Pinapala.