About OPL
OPL is a Financial Services company based in Ahmedabad (India) founded in 2015 by Ronak Shah and Jinand Vikasbhai Shah. White label solutions for financial institutions. OPL has raised $13.74 million across 4 funding rounds from investors including TransUnion, HDFC Bank and HDFC. The company has 118 employees. OPL was last valued at $74.2 million in December 2021. Its chief executive, as recorded, is Jinand Vikasbhai Shah. Its Indian entity Online Psb Loans Limited reported revenue of ₹69.21 Cr. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its competitors include Perfios, Veefin and FinBox; 3 of its 3 listed competitors have raised funding.
Company details
The company was founded in 2015 in Ahmedabad, India, and operates within the financial sector. White label platforms are provided for loan processing, credit management, and account handling to banks, corporates, and other financial institutions. Digital solutions are offered, including custom white label products and technology-based innovations tailored to sector needs. Operations focus on enabling efficient financial services through these specialized tools.
- Headquarters Ahmedabad, India
- Employees 118
- Founders Ronak Shah, Jinand Vikasbhai Shah
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website oplinnovate.com
- Social LinkedIn X Facebook
- Legal Name Online Psb Loans Limited
- Date of Incorporation 30 Mar, 2015
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹69.21 Cr
FY 2025 · +54% YoY
- Net Profit₹8.18 Cr
FY 2025 · 12% margin
- EBITDA₹11.45 Cr
FY 2025 · 17% margin
- Total Equity Funding$13.74M (USD)
in 4 rounds
- Latest Funding Round$3.85M (USD), Series B
Jun 2025
- InvestorsTransUnion
& 15 more
- Employee Count118
Associated legal entities of OPL
OPL operates through Online Psb Loans 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 |
|---|---|---|---|---|---|---|---|
| Online Psb Loans Limited CIN U74140GJ2015PLC082744 | Active | 30 Mar 2015 | Ahmedabad, Gujarat | ₹69.2 Cr | 118 | 13 | View details |
Funding Insights of OPL
OPL has successfully raised a total of $13.74M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3.85 million completed in June 2025. 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 $13.74M
- Total Rounds 4
- Last Round Series B — $3.85M
- First Round $3.3M
(Jul 2018)
- Investors Count 16
All 4 funding rounds of OPL 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 2025 | $3.85M | Series B | – | – | |
| Apr 2025 | $8.77M | Debt – Conventional | – | – | |
| Dec 2021 | $6.6M | Series B | $74.2M | HDFC, TransUnion | – |
| Jul 2018 | $3.3M | Series A | $6.1M | SIDBI |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $74.2M | •••••••• |
| Jul 2018 | $6.1M | •••••••• |
Last known valuation $74.2M (Dec 2021). 16 investors in total: 16 institutional.
Investors in OPL
OPL has secured backing from 16 investors, including institutional investors. Prominent investors backing the company include TransUnion, HDFC Bank and HDFC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Universal banking and financial advisory services are provided globally. | 1865 | hsbc.com | London, United Kingdom | |
Provides financing and support for agriculture and rural development initiatives. | 1982 | nabard.org | Mumbai, India | |
Financial support is extended to micro, small, and medium enterprises. | 1990 | sidbi.in | Lucknow, India | |
State Bank of India is engaged in providing banking and financial services. | 1955 | onlinesbi.sbi | Mumbai, India | |
Commercial banking services are offered across India since 1908. | 1908 | bankofbaroda.in | Vadodara, India | |
Commercial banking services are offered to individuals and businesses. | 1894 | pnbindia.in | Delhi, India | |
Provides business loans to support enterprise growth. | 2015 | mudra.org.in | Mumbai, India | |
Commercial bank | 1998 | sbicard.com | Gurugram, India | |
Investment banking and wealth management services are provided in India. | 1996 | bobcaps.in | Mumbai, India | |
Commercial banking services are offered to individuals and corporates. | 1907 | indianbank.in | Chennai, India |
Investor details for OPL
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 Online Psb Loans Limited (OPL)
Online Psb Loans Limited is the primary company behind OPL. The board of Online Psb Loans Limited currently have 10 directors; the longest-serving is Jinand Vikasbhai Shah, appointed in 2015. 28 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jinand Vikasbhai Shah DIN 03473622 | Managing Director | 30 Mar 2015 | 11 yrs 7 mo | Online Psb Loans Limited |
| Sandeep Diddi DIN 03391447 | Director | 08 Mar 2018 | 8 yrs 8 mo | Online Psb Loans Limited |
| Upendra Hosdurg Sundar Kamath DIN 02648119 | Director | 14 Dec 2018 | 7 yrs 10 mo | Online Psb Loans Limited |
| Dhrubashish Bhattacharya DIN 09505942 | Nominee Director | 15 Feb 2022 | 4 yrs 8 mo | Online Psb Loans Limited |
| Suresh Natwarlal Patel DIN 07202263 | Additional Director | 21 Mar 2025 | 1 yr 7 mo | Online Psb Loans Limited |
| Suresh Shanker Menon DIN 00737329 | Additional Director | 21 Mar 2025 | 1 yr 7 mo | Online Psb Loans Limited |
| Vivek Kumar Malhotra DIN 02210254 | Nominee Director | 07 Apr 2025 | 1 yr 7 mo | Online Psb Loans Limited |
| Venugopal Rao Yalangi DIN 06376002 | Nominee Director | 08 Apr 2025 | 1 yr 7 mo | Online Psb Loans Limited |
| Gopal Jha DIN 11362455 | Nominee Director | 31 Oct 2025 | 1 yr | Online Psb Loans Limited |
| Vattekat Balasubramanian DIN 11376600 | Nominee Director | 11 Nov 2025 | 11 mo | Online Psb Loans Limited |
People of OPL
45 people are tracked at OPL (12 in leadership, 33 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
Ronak Shah | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Sharon Almeida | Associate Vice President - Sales & Marketing | Leadership |
| Managing Director | Leadership | |
Maulik Shah | Deputy CTO | Leadership |
Jignesh Mirani | Vice President - IT | Leadership |
Chidrup Shah | Vice President - Product | Leadership |
Gaurav Vipani | Associate Vice President | Leadership |
Rajaganapathy Singanallur Venkatachalam | Chief Risk Officer | Leadership |
Gurpreet Pant | Vice President Human Resources | Leadership |
Jayesh Bhatt | Head Of Business Development | Leadership |
Jainik Shah | Project Head - Products At Online PSB Loans - India's Largest Online Lending Fintech | Leadership |
Navjyot Singh | Product Executive | Team |
Balram Kevat | Java Developer | Team |
Vishal Asrani | Product Exceutive | Team |
Disha Mehta | Business Analyst | Team |
Ca Sneha Bohra | Sr. Executive Product Manager | Team |
Manish Patel | Sr. Ios Developer | Team |
Dhaval Panchal | Senior Team Lead IT | Team |
Prachi Gandhi | Senior Human Resources Manager | Team |
25 more people are available in the full profile.
Complete people profiles for OPL
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 OPL
Figures of Online Psb Loans Limited, the primary company behind OPL, for FY 2025. Revenue was ₹69.21 Cr (+54% year on year). Net profit was ₹8.18 Cr (12% margin). EBITDA was ₹11.45 Cr (17% margin). Revenue has grown at a compounded annual rate of +40% over three years and +41% over five years.
- ₹69.21 CrRevenue · FY 2025 · +54% YoY
- ₹8.18 CrNet profit · 12% margin
- ₹11.45 CrEBITDA · 17% margin
- ₹4.13 CrPaid-up capital
- 118Employees (provident fund records)
- +40%Revenue CAGR, 3 years
- +41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Online Psb Loans Limited are on its company page.
Detailed financial statements for OPL
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 OPL
4 dated milestones of OPL across 10 years, from founding to its latest funding, stage changes and deals.
- Founded OPL is founded.
- Funding First funding round of $3.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $3.8M.
Competitors of OPL
OPL has 3 listed competitors in our database, 3 of them funded. They include Perfios, Veefin and FinBox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| veefin.com | 2020 | Mumbai, India | $3M | 25 | SaaS-based supply chain financing solutions are delivered globally. | |
| finbox.in | 2015 | Bengaluru, India | $51.09M | 215 | Developer of digital credit infrastructure and risk intelligence suite |
Detailed competitors of OPL
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.
Web traffic of OPL
The website of OPL (oplinnovate.com) receives about 4K visits a month.
- Monthly visits4K
▼ 1.3% vs previous month
Websites whose visitors overlap most with OPL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
gstsahay.com | gstsahay.com | 100% | #11,410,282 | – | |
gstsahay.in | gstsahay.in | 98% | – |
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Related news about Opl
Complete news archive for OPL
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Frequently Asked Questions about OPL
OPL was founded in 2015 and raised its 1st funding round 3 years after it was founded.
OPL is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Jinand Vikasbhai Shah is the CEO of OPL, as recorded in our data. They have also founded this company.
OPL is a funded company, having raised a total of $13.74M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.3M, raised on Jul 2018.
OPL has 118 employees.
The primary company behind OPL, Online Psb Loans Limited, reported revenue of ₹69.21 Cr for FY 2025, up 54% year on year.
The company was founded in 2015 in Ahmedabad, India, and operates within the financial sector. White label platforms are provided for loan processing, credit management, and account handling to banks, corporates, and other financial institutions. Digital solutions are offered, including custom white label products and technology-based innovations tailored to sector needs. Operations focus on enabling efficient financial services through these specialized tools.
OPL has 16 investors. Key investors include TransUnion, HDFC Bank, HDFC, HSBC, and Punjab National Bank.
The valuation of OPL is $74.2M as of Dec 2021.
OPL operates through Online Psb Loans Limited.
The legal entities of OPL currently have 13 directors, including Vivek Kumar Malhotra, Jinand Vikasbhai Shah, Suresh Natwarlal Patel and others.