About LoanCircle
LoanCircle was a Financial Services company based in Bengaluru (India) founded in 2015 by Mayank Kumar. It operates a peer-to-peer lending marketplace for borrowers and lenders. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Fintech, Lending and Peer-to-Peer Platforms. Its legal entity in India is Moneyvation Technologies Private Limited (U74900KA2015PTC082429). Its competitors include Fibe, Epimoney and IndiaLends; 2 of its 3 listed competitors have raised funding.
Company details
LoanCircle, based in Bengaluru, focuses on offering financial products and advice, fintech, facilitating loans and financing, and peer-to-peer platforms. Operates a peer-to-peer lending marketplace for borrowers and lenders. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Mayank Kumar
- SectorsFinancial Services
- Website loancircle.in
- Social X
- Legal Name Moneyvation Technologies Private Limited
- Date of Incorporation 21 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of LoanCircle
LoanCircle operates through Moneyvation Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Moneyvation Technologies Private Limited CIN U74900KA2015PTC082429 | Strike Off | 21 Aug 2015 | Bangalore, Karnataka | 2 | View details |
Funding Insights of LoanCircle
- Total Rounds 1
All 1 funding rounds of LoanCircle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | Angel Round | – | – | – |
Board of directors of Moneyvation Technologies Private Limited (LoanCircle)
Moneyvation Technologies Private Limited is the primary company behind LoanCircle. The board of Moneyvation Technologies Private Limited currently have 2 directors; the longest-serving is Narendra Dattatri Haldawar, appointed in 2021. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narendra Dattatri Haldawar DIN 01633735 | Director | 19 Apr 2021 | 5 yrs 6 mo | Moneyvation Technologies Private Limited |
| Srilakshmi Purushotham DIN 02909335 | Director | 19 Apr 2021 | 5 yrs 6 mo | Moneyvation Technologies Private Limited |
People of LoanCircle
1 people are tracked at LoanCircle (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CTO | Leadership |
Complete people profiles for LoanCircle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LoanCircle
2 dated milestones of LoanCircle, from founding to its latest funding, stage changes and deals.
- Founded LoanCircle is founded.
- Funding First funding round.
Competitors of LoanCircle
LoanCircle has 3 listed competitors in our database, 2 of them funded. They include Fibe, Epimoney and IndiaLends.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fibe.in | 2015 | Pune, India | $212.38M | 1,856 | Fibe is recognized as India's largest lending platform for instant credit solutions. | |
| epimoney.in | 1995 | Chennai, India | 623 | Consumer and business loans are facilitated via an online platform. | ||
| indialends.com | 2014 | Gurugram, India | $30.11M | 221 | Online platform providing loans and credit cards from various financial institutions |
Detailed competitors of LoanCircle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about LoanCircle
LoanCircle was founded in 2015.
LoanCircle is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
LoanCircle, based in Bengaluru, focuses on offering financial products and advice, fintech, facilitating loans and financing, and peer-to-peer platforms. Operates a peer-to-peer lending marketplace for borrowers and lenders. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
LoanCircle's top competitors include Fibe, Epimoney and IndiaLends.
LoanCircle operates through Moneyvation Technologies Private Limited.
The legal entities of LoanCircle currently have 2 directors, including Narendra Dattatri Haldawar, Srilakshmi Purushotham.