
About People Lend
People Lend was a Financial Services company based in Bengaluru (India) founded in 2016 by Suvranjan Biswas and Nandan Toshniwal. It operates a peer-to-peer lending platform for unsecured loans. It operates on a P2P model. Its chief executive is Suvranjan Biswas. The company is recorded as dissolved. Its focus areas include Lending, P2P Platforms and Unsecured Loans. Its legal entity in India is Fortune And Mast Analytics Private Limited (U74900KA2015PTC084299). Its competitors include Money View, mPokket, MyShubhLife, Olyv and Faircent and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
People Lend, based in Bengaluru, focuses on offering financial products and advice, facilitating loans and financing, p2p platforms, and unsecured loans. Operates a peer-to-peer lending platform for unsecured loans. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Bengaluru, India
- Founders Suvranjan Biswas, Nandan Toshniwal
- SectorsFinancial Services
- Website people-lend.in
- Social Facebook
- Legal Name Fortune And Mast Analytics Private Limited
- Date of Incorporation 24 Nov, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,500
FY 2020 · -70% YoY
- Net Loss-₹1.1 Lakh
FY 2020 · -4523% margin
- EBITDA-₹1.1 Lakh
FY 2020 · -4523% margin
Associated legal entities of People Lend
People Lend operates through Fortune And Mast Analytics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fortune And Mast Analytics Private Limited CIN U74900KA2015PTC084299 | Active | 24 Nov 2015 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Board of directors of Fortune And Mast Analytics Private Limited (People Lend)
Fortune And Mast Analytics Private Limited is the primary company behind People Lend. The board of Fortune And Mast Analytics Private Limited currently have 2 directors; the longest-serving is Suvranjan Biswas, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suvranjan Biswas DIN 07332144 | Director | 24 Nov 2015 | 10 yrs 10 mo | Fortune And Mast Analytics Private Limited |
| Suvarthi Biswas DIN 07332193 | Director | 24 Nov 2015 | 10 yrs 10 mo | Fortune And Mast Analytics Private Limited |
People of People Lend
2 people are tracked at People Lend (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Nandan Toshniwal | Co-Founder | Leadership |
Complete people profiles for People Lend
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- Full employee list
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Financials of People Lend
Figures of Fortune And Mast Analytics Private Limited, the primary company behind People Lend, for FY 2020. Revenue was ₹2,500 (-70% year on year). Net loss was -₹1.1 Lakh (-4523% margin). EBITDA was -₹1.1 Lakh (-4523% margin). Revenue has grown at a compounded annual rate of +30% over three years.
- ₹2,500Revenue · FY 2020 · -70% YoY
- -₹1.1 LakhNet loss · -4523% margin
- -₹1.1 LakhEBITDA · -4523% margin
- ₹1 LakhPaid-up capital
- +30%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Fortune And Mast Analytics Private Limited are on its company page.
Detailed financial statements for People Lend
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of People Lend
People Lend has 9 listed competitors in our database, 9 of them funded. They include Money View, mPokket, MyShubhLife, Olyv and Faircent, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneyview.in | 2014 | Bengaluru, India | $219.84M | 718 | Loans, credit cards, gold investments, insurance, and UPI are provided. | |
| mpokket.in | 2016 | Kolkata, India | $7.77M | 2,226 | Provider of a digital lending platform offering instant personal loans to underserved youth, providing financial solutions through a mobile app | |
| myshubhlife.com | 2016 | Bengaluru, India | $29.01M | 144 | Embedded finance and personal loan solutions for businesses are offered. | |
| olyv.co.in | 2017 | Bengaluru, India | $26.71M | 21 | Personal loans and savings options are provided for users. | |
| faircent.com | 2013 | Gurugram, India | $11.12M | 89 | Peer-to-peer lending platform is provided to connect lenders and borrowers. | |
| liquiloans.com | 2018 | Mumbai, India | $14.13M | 114 | Lenders and borrowers are connected through a peer-to-peer lending platform. | |
| rupeeredee.com | 2018 | Gurugram, India | $5.7M | 218 | Online platform is provided for short-term, unsecured personal loans. | |
| paymeindia.in | 2016 | Noida, India | $2M | 552 | Developer of an online marketplace for personal loans | |
| kreditbee.in | 2017 | Bengaluru, India | $255.74M | 474 | Personal loans are offered via an online lending marketplace. |
Detailed competitors of People Lend
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Crowdfunding
10 companies that operate in the same segment as People Lend (Crowdfunding), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | – | |
Equity crowdfunding is enabled for startups and growing businesses. | 2010 | Exeter, Devon, United Kingdom | USD 62.86 M | USD 18 M | 78 | |
Business loans are provided via a P2P marketplace platform. | 2015 | Singapore, Singapore | USD 241.5 M | – | – | |
An investment platform offering access to private market investments | 2010 | Washington, District Of Columbia, United States | USD 53.73 M | – | – | |
Equity and revenue-based crowdfunding for startups is enabled. | 2012 | Seongnam-si, Gyeonggi-do, South Korea | USD 127.7 M | USD 26.57 M | – | |
Funds are raised online for social causes via crowdfunding platform. | 2008 | San Diego, California, United States | – | – | – | |
Creative projects are crowdfunded via a cloud-based platform. | 2009 | Brooklyn, New York, United States | – | – | – | |
Funds are raised online for charities and personal campaigns. | 2000 | London, England, United Kingdom | USD 18.56 M | USD 65.24 M | 108 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Residential solar financing is provided to homeowners for rooftop installations. | 2011 | Oakland, California, United States | USD 250.46 M | – | – |
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Frequently Asked Questions about People Lend
People Lend was founded in 2016.
People Lend is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Suvranjan Biswas is the current CEO of People Lend. They have also founded this company.
The primary company behind People Lend, Fortune And Mast Analytics Private Limited, reported revenue of βΉ2,500 for FY 2020, down 70% year on year.
People Lend, based in Bengaluru, focuses on offering financial products and advice, facilitating loans and financing, p2p platforms, and unsecured loans. Operates a peer-to-peer lending platform for unsecured loans. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
People Lend's top competitors include Money View, RupeeRedee and mPokket.
People Lend operates through Fortune And Mast Analytics Private Limited.
The legal entities of People Lend currently have 2 directors, including Suvranjan Biswas, Suvarthi Biswas.