LoanMeet

Bengaluru, India Founded: 2015 • Age: 11 yrs
P2P lending platform for consumer and business loans is operated.
Annual revenue - Latest available
Total funding $123,298 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About LoanMeet

LoanMeet is a company based in Bengaluru (India) founded in 2015. LoanMeet has raised $123.3 thousand across 1 funding round from investors including Cao Yibin, Huang Wei and Madhusudan E. LoanMeet operates in a competitive market with competitors including KoinWorks, Lufax, CreditEase, Mintos and Bondora, among others.

  • Headquarter Bengaluru, India
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Strivers Solutions Private Limited
  • Date of Incorporation 28 Jun, 2016
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.2 K (USD)
    32.99
    as on Mar 31, 2021
  • EBITDA
    -$1.2 K (USD)
    36.57
    as on Mar 31, 2021
  • Total Equity Funding
    $123.3 K (USD)

    in 1 rounds

  • Latest Funding Round
    $123.3 K (USD), Angel Round

    Jun 09, 2017

  • Investors

    & 4 more

  • Employee Count
    Not available
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Funding Insights of LoanMeet

LoanMeet has successfully raised a total of $123.3K through 1 strategic funding round. The most recent funding activity was a Angel Round of $123.3 thousand completed in June 2017. 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 LoanMeet

LoanMeet has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Cao Yibin, Huang Wei and Madhusudan E.

All
Angel
Investor Description Founded Year Domain Location

Cao Yibin

-
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Huang Wei

-
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Madhusudan E

Co-founder of KreditBee, prominent angel investor in Indian startups
Locked Locked Locked
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Investor details for LoanMeet

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by LoanMeet

Investments
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Investment portfolio details for LoanMeet

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - LoanMeet

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Detailed financials for LoanMeet

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  • Historical revenue
  • Profit trends
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Loanmeet Comparisons

LoanMeet Primary company
Description
P2P lending platform for consumer and business loans is oper...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
Not available
Net Profit
-$1.2 K (USD)
EBITDA
-$1.2 K (USD)
Employees
Not available
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Peer comparison for LoanMeet

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of LoanMeet

LoanMeet 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 KoinWorks, Lufax, CreditEase, Mintos and Bondora, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Developer of a P2P lending platform
Locked Locked Locked
Personal loans are connected via an online P2P lending platform.
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Financial services in wealth management and microcredit loans are offered.
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P2P marketplace for consumer and business loans
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Online P2P marketplace for consumer and business loans
Locked Locked Locked
Developer of online P2P marketplace for commercial real estate and business loans
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Detailed competitors of LoanMeet

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Latest news on Loanmeet

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Complete news archive for LoanMeet

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  • Brand-specific news history

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Frequently Asked Questions about LoanMeet

LoanMeet was founded in 2015 and raised its 1st funding round 2 years after it was founded.

LoanMeet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

LoanMeet is a funded company, having raised a total of $123.3K across 1 funding round to date.

LoanMeet was established in 2015 in Bengaluru, India, as a peer-to-peer lending platform within the fintech sector. Various loan types, including personal, home, SME, and working capital loans, are facilitated for consumers and businesses. Operations encompass loan documentation, payment scheduling, and reminder notifications to support the lending process. The platform connects borrowers and lenders efficiently in the Indian market.

LoanMeet's top competitors include Bondora, Lufax and CreditEase.

LoanMeet has 5 investors. Key investors include Cao Yibin, Huang Wei, Madhusudan E, Cao Yibin, and Huang Wei.

The valuation of LoanMeet is $653.25K as of Jun 2017.

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