Loansetu

Delhi, India Founded: 2015 • Age: 11 yrs
Provides loans for cars, solar panels, and vehicles with online access facilities.

About Loansetu

Loansetu is a Financial Services company based in Delhi (India) founded in 2015 by Shalabh Singhal. It provides loans for cars, solar panels, and vehicles with online access facilities. It operates on a B2C and B2B model. Its Indian entity Tangent Profin Private Limited reported revenue of β‚Ή91.1 Lakh. Loansetu offers products and services including Car Loan, Solar Panel Loan, E-Rikshaw Loan, Two Wheeler Loan, and Three Wheeler Loan. Its focus areas include FinTech, Lending, Consumer Loans and Solar Energy Loans. Similar companies include Vivriti Capital, Finnov and Market Finance India; 2 of its 3 listed similar companies have raised funding.

Company details

Tangent Profin Private Limited, known as Loansetu, specializes in providing tailored financial loans for cars, solar panels, e-rickshaws, two-wheelers, three-wheelers, and commercial vehicles. They operate through an online platform for easy application and access from anywhere. Based in Nehru Place, Delhi, India, the company focuses on meeting customer needs by considering market conditions and risks. Their services aim to support personal and commercial financing with efficient strategies.

Key Metrics
  • Annual Revenue
    ₹91.1 Lakh

    FY 2025 · +676% YoY

  • Net Profit
    ₹38,780

    FY 2025 · 0% margin

  • EBITDA
    ₹29.8 Lakh

    FY 2025 · 33% margin

Products & Services of Loansetu

Loansetu offers a comprehensive portfolio of products and services, including Car Loan, Solar Panel Loan, E-Rikshaw Loan, Two Wheeler Loan, and Three Wheeler Loan.

Car Loan
Vehicle Financing

Loan for purchasing cars and vehicles.

Solar Panel Loan
Energy Financing

Loan for installing solar panels.

E-Rikshaw Loan
Electric Vehicle Financing

Loan for buying e-rickshaws.

Two Wheeler Loan
Vehicle Financing

Loan for two-wheeler vehicles.

Three Wheeler Loan
Vehicle Financing

Loan for three-wheeler vehicles.

Commercial Vehicle Loan
Commercial Financing

Loan for commercial vehicles.

Board of directors of Tangent Profin Private Limited (Loansetu)

Tangent Profin Private Limited is the primary company behind Loansetu. The board of Tangent Profin Private Limited currently have 5 directors; the longest-serving is Anil Kumar Munjal, appointed in 2007. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anil Kumar Munjal
DIN 00019302
Director14 May 200719 yrs 5 moTangent Profin Private Limited
Kishan Chand Munjal
DIN 01623184
Director01 Jul 200719 yrs 4 moTangent Profin Private Limited
Manish Dhingra
DIN 07359689
Director18 Nov 20241 yr 11 moTangent Profin Private Limited
Mohit Agarwal
DIN 08515725
Director26 Aug 20251 yr 2 moTangent Profin Private Limited
Rohit Mor
DIN 11054618
Director26 Aug 20251 yr 2 moTangent Profin Private Limited

People of Loansetu

1 people are tracked at Loansetu (1 in leadership).

NameRoleGroup
Shalabh Singhal
Co-FounderLeadership
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Financials of Loansetu

Figures of Tangent Profin Private Limited, the primary company behind Loansetu, for FY 2025. Revenue was ₹91.1 Lakh (+676% year on year). Net profit was ₹38,780 (0% margin). EBITDA was ₹29.8 Lakh (33% margin). Revenue has grown at a compounded annual rate of +98% over three years and +42% over five years.

  • ₹91.1 LakhRevenue · FY 2025 · +676% YoY
  • ₹38,780Net profit · 0% margin
  • ₹29.8 LakhEBITDA · 33% margin
  • ₹1.43 CrPaid-up capital
  • +98%Revenue CAGR, 3 years
  • +42%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Tangent Profin Private Limited are on its company page.

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Detailed financial statements for Loansetu

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Similar companies to Loansetu

Loansetu has 3 listed similar companies in our database, 2 of them funded. They include Vivriti Capital, Finnov and Market Finance India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
vivriticapital.com2017Chennai, India$205.2M704
Debt financing solutions are provided to mid-market enterprises.
finnov.in2017Gurugram, India$145M
Operates a digital marketplace for business loans to facilitate financing.
marketfinance.co.in2015Bengaluru, India
Operates a digital marketplace for business term loans to facilitate easy access.
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Detailed similar companies of Loansetu

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Top companies in Consumer and SME Loans

3 companies that operate in the same segment as Loansetu (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Consumer and SME loans are provided by Manappuram Finance.
1992Valapad, Kerala, IndiaUSD 39.98 MUSD 1.01 B51,650
Affordable home loans are extended to low and middle-income groups.
2010Mumbai, Maharashtra, IndiaUSD 209.7 MUSD 203.79 M1,630
Diversified lending services are provided as a non-banking financial institution.
1994Mumbai, Maharashtra, IndiaUSD 1.9 B36,520
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Frequently Asked Questions about Loansetu

Loansetu was founded in 2015.

Loansetu is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind Loansetu, Tangent Profin Private Limited, reported revenue of β‚Ή91.1 Lakh for FY 2025, up 676% year on year.

Tangent Profin Private Limited, known as Loansetu, specializes in providing tailored financial loans for cars, solar panels, e-rickshaws, two-wheelers, three-wheelers, and commercial vehicles. They operate through an online platform for easy application and access from anywhere. Based in Nehru Place, Delhi, India, the company focuses on meeting customer needs by considering market conditions and risks. Their services aim to support personal and commercial financing with efficient strategies.

Loansetu's top competitors include Vivriti Capital, Finnov and Market Finance India.

Loansetu offers Car Loan, Solar Panel Loan, E-Rikshaw Loan, Two Wheeler Loan, and 2 more products and services.

Loansetu operates through Tangent Profin Private Limited.

The legal entities of Loansetu currently have 6 directors, including Kishan Chand Munjal, Manish Dhingra, Mohit Agarwal and others.

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