About Loannetwork
Loannetwork is a Financial Services company based in Mumbai (India) founded in 2023 by Ketan Bordia. It operates as a home and business loan solutions are facilitated via lender networks. Loannetwork has raised $3.13 million across 3 funding rounds from investors including Five Rivers Investment, Shailendrasinh N Devdhara and Manish Prakash Vanmali. Loannetwork was last valued at $9.19 million in August 2023. Its Indian entity Loan Network Technologies Private Limited reported revenue of ₹3.67 Cr. Its focus areas include FinTech, Alternative Lending, Lead Generation Platforms and Leads Marketplaces. Its competitors include BankSathi, PaisaGrowth, Mvalu, Creditcode and Offermeloan and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
Loannetwork was founded in 2023 in Mumbai, India, within the financial services sector. Loan applications for homes and businesses are connected to banks and lenders through established partnerships. Mortgages and financing options are secured for borrowers, with personalized support provided during the process. Operations focus on application facilitation, and revenue is derived from commissions earned on successful placements.
- Headquarters Mumbai, India
- Founders Ketan Bordia
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website loannetwork.app
- Social LinkedIn Instagram YouTube
- Legal Name Loan Network Technologies Private Limited
- Date of Incorporation 31 Mar, 2023
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.67 Cr
FY 2025 · +81% YoY
- Net Loss-₹3.11 Cr
FY 2025 · -85% margin
- EBITDA-₹2.90 Cr
FY 2025 · -79% margin
- Total Equity Funding$3.13M (USD)
in 3 rounds
- Latest Funding Round$478.7K (USD), Angel Round
Jun 2024
- InvestorsFive Rivers Investment
& 22 more
Associated legal entities of Loannetwork
Loannetwork operates through Loan Network Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Loan Network Technologies Private Limited CIN U74909MH2023PTC399963 | Active | 31 Mar 2023 | Mumbai, Maharashtra | ₹3.7 Cr | 7 | 3 | View details |
Apps and channels of Loannetwork
Loannetwork publishes 1 mobile app with over 500 downloads; its YouTube channel Loan Network-Quick & Easy Loans has 2 subscribers and 2 videos.
Videos from Loannetwork
The most watched videos on Loannetwork's YouTube channel, Loan Network-Quick & Easy Loans (2 subscribers). Click a video to play it here.
More on Loan Network-Quick & Easy Loans.
Funding Insights of Loannetwork
Loannetwork has successfully raised a total of $3.13M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $478.7 thousand completed in June 2024. 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 $3.13M
- Total Rounds 3
- Last Round Angel Round — $478,701
- First Round $1.68M
(Aug 2023)
- Investors Count 23
All 3 funding rounds of Loannetwork 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 |
|---|---|---|---|---|---|
| Jun 2024 | $478,701 | Angel Round | – | Shailendrasinh N Devdhara | |
| Sep 2023 | $973,922 | Seed | – | Nicolas Daniel Pierre Rigois, Fiveriverinvestments.com | |
| Aug 2023 | $1.68M | Seed | $9.19M | Five Rivers Investment | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $9.19M | •••••••• |
Last known valuation $9.19M (Aug 2023). 23 investors in total: 1 institutional and 22 angel.
Investors in Loannetwork
Loannetwork has secured backing from 23 investors, including institutional and angel investors. Prominent investors backing the company include Five Rivers Investment, Shailendrasinh N Devdhara and Manish Prakash Vanmali.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | fiveriverinvestments.com | - | |
SN Shailendrasinh N Devdhara | - | – | unknown_8ab9f3f54f794f599 | - |
MP Manish Prakash Vanmali | - | – | unknown_8a6cc412b4a64ea0a | - |
VS Vimalkumar Sanmukhbhai Bhakta | - | – | unknown_d7d376d6bad14dbf8 | - |
HD Hina Desai | - | – | unknown_6403e78186af4ca4a | - |
SG Suresh Gangdasbhai Patel | - | – | unknown_10ef6ee3efd840bba | - |
ND Nicolas Daniel Pierre Rigois | - | – | unknown_191aefa1341f40a48 | - |
AO Anthony Oliver Richard Hogg | - | – | unknown_818f4d4257d54e6aa | - |
TN Thirumeni Nathan Chidambaram | - | – | unknown_b34c8ae91d6840689 | - |
HS Harsh Shah | - | – | unknown_a827965308884e158 | - |
Investor details for Loannetwork
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Loan Network Technologies Private Limited (Loannetwork)
Loan Network Technologies Private Limited is the primary company behind Loannetwork. The board of Loan Network Technologies Private Limited currently have 3 directors; the longest-serving is Manish Agrawal, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Agrawal DIN 10265863 | Director | 15 Jul 2023 | 3 yrs 3 mo | Loan Network Technologies Private Limited |
| Ramesh Chand Gupta DIN 10920629 | Additional Director | 24 Jan 2025 | 1 yr 8 mo | Loan Network Technologies Private Limited |
| Prraveen Khumar Namasivayamurthy DIN 07775923 | Additional Director | 13 Oct 2025 | 1 yr | Loan Network Technologies Private Limited |
People of Loannetwork
1 people are tracked at Loannetwork (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ketan Bordia | Co-Founder & CFO | Leadership |
Complete people profiles for Loannetwork
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.
Financials of Loannetwork
Figures of Loan Network Technologies Private Limited, the primary company behind Loannetwork, for FY 2025. Revenue was ₹3.67 Cr (+81% year on year). Net loss was -₹3.11 Cr (-85% margin). EBITDA was -₹2.90 Cr (-79% margin).
- ₹3.67 CrRevenue · FY 2025 · +81% YoY
- -₹3.11 CrNet loss · -85% margin
- -₹2.90 CrEBITDA · -79% margin
- ₹1.3 LakhPaid-up capital
- 7Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Loan Network Technologies Private Limited are on its company page.
Detailed financial statements for Loannetwork
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Loannetwork
4 dated milestones of Loannetwork across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Loannetwork is founded.
- Funding First funding round of $1.7M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $479K.
Competitors of Loannetwork
Loannetwork has 8 listed competitors in our database, 3 of them funded. They include BankSathi, PaisaGrowth, Mvalu, Creditcode and Offermeloan, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| banksathi.com | 2020 | Bengaluru, India | $7.63M | 27 | BankSathi is engaged in simplifying financial services for customers. | |
| paisagrowth.in | 2020 | Gurugram, India | $250,000 | – | Leads for loan intermediaries are generated via an online marketplace. | |
| mvalu.ml | 2018 | Mumbai, India | $5.09M | 61 | Blockchain-based leads marketplace network for loan brokers is facilitated. | |
| creditcode.in | 2020 | Gurugram, India | – | 31 | App for referring financial services, educating customers, and earning commissions. | |
| offermeloan.com | 2018 | Nashik, India | – | – | Platform connects borrowers with agents for loan applications and services in India. | |
| firstmangroup.in | 2018 | Vijayawada, India | – | – | App-based platform for lead generation services. | |
| referaloan.com | 2015 | Ahmedabad, India | – | – | A platform for lead generation and management to help businesses acquire and nurture prospects. | |
| leadworkx.com | 2020 | Thane, India | – | – | A platform for lead generation and management to streamline sales processes. |
Detailed competitors of Loannetwork
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.
Top companies in Alternative Lending
10 companies that operate in the same segment as Loannetwork (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Frequently Asked Questions about Loannetwork
Loannetwork was founded in 2023.
Loannetwork is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Loannetwork is a funded company, having raised a total of $3.13M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.68M, raised on Aug 2023.
The primary company behind Loannetwork, Loan Network Technologies Private Limited, reported revenue of ₹3.67 Cr for FY 2025, up 81% year on year.
Loannetwork was founded in 2023 in Mumbai, India, within the financial services sector. Loan applications for homes and businesses are connected to banks and lenders through established partnerships. Mortgages and financing options are secured for borrowers, with personalized support provided during the process. Operations focus on application facilitation, and revenue is derived from commissions earned on successful placements.
Loannetwork's top competitors include BankSathi, Mvalu and PaisaGrowth.
Loannetwork has 23 investors. Key investors include Five Rivers Investment, Shailendrasinh N Devdhara, Manish Prakash Vanmali, Vimalkumar Sanmukhbhai Bhakta, and Hina Desai.
The valuation of Loannetwork is $9.19M as of Aug 2023.
Loannetwork operates through Loan Network Technologies Private Limited.
The legal entities of Loannetwork currently have 3 directors, including Manish Agrawal, Ramesh Chand Gupta, Prraveen Khumar Namasivayamurthy.
Yes. Loannetwork publishes LN App, with over 500 downloads.