About PhoneParLoan
PhoneParLoan is a company based in Delhi (India) founded in 2015 by Ashwin Bhambri.. PhoneParLoan has raised $611.17 thousand across 9 funding rounds from investors including Lead Angels, Incubate Fund India and CashBus. PhoneParLoan operates in a competitive market with competitors including Yaper, Blink Card, UrgentCash, Fiddo Loans and BadaBro, among others.
- Headquarter Delhi, India
- Founders Ashwin Bhambri
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Millennial Card Technologies Private Limited
- Date of Incorporation 17 May, 2017
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$41.74 K (USD)8375.57as on Mar 31, 2020
-
Net Profit
$-148.26 K (USD)36.92as on Mar 31, 2020
-
EBITDA
$-147.82 K (USD)36.5as on Mar 31, 2020
-
Total Equity Funding
$611.17 K (USD)
in 9 rounds
-
Latest Funding Round
-
Investors
Lead Angels
& 29 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of PhoneParLoan
PhoneParLoan has successfully raised a total of $611.17K across 9 strategic funding rounds. 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 Total Funding
- Total Rounds 9
- Last Round Last Round
- First Round First Round
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - PhoneParLoan | Valuation | Orbit Startups |
|
| Feb, 2020 | Amount | Seed - PhoneParLoan | Valuation |
investors |
|
| Feb, 2019 | Amount | Seed - PhoneParLoan | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PhoneParLoan
PhoneParLoan has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lead Angels, Incubate Fund India and CashBus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Startups are incubated across sectors without restrictions.
|
Founded Year | Domain | Location | |
|
Venture capital and accelerator services are provided across multiple sectors.
|
Founded Year | Domain | Location | |
|
Investment in high-growth startups and angel funding services in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by PhoneParLoan
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - PhoneParLoan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Phoneparloan Comparisons
Competitors of PhoneParLoan
PhoneParLoan 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 Yaper, Blink Card, UrgentCash, Fiddo Loans and BadaBro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Delivers app-based personal credit lines to individuals for flexible financial solutions.
|
|
| domain | founded_year | HQ Location |
Offers virtual prepaid debit cards for online and NFC payments with security features.
|
|
| domain | founded_year | HQ Location |
Offers an app-based platform for personal credit lines.
|
|
| domain | founded_year | HQ Location |
Offers an online platform for personal credit lines and comprehensive financial solutions.
|
|
| domain | founded_year | HQ Location |
Instant loans via app for professionals and students in India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Phoneparloan
Frequently Asked Questions about PhoneParLoan
When was PhoneParLoan founded?
PhoneParLoan was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is PhoneParLoan located?
PhoneParLoan is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of PhoneParLoan?
Ashwin Bhambri is the current CEO of PhoneParLoan. They have also founded this company.
Is PhoneParLoan a funded company?
PhoneParLoan is a funded company, having raised a total of $611.17K across 9 funding rounds to date. The company's 1st funding round was a Seed of $74.76K, raised on Jun 01, 2016.
What is the annual revenue of PhoneParLoan?
Annual revenue of PhoneParLoan is $41.74K as on Mar 31, 2020.
What does PhoneParLoan do?
PhoneParLoan was established in 2015 in Delhi, India, as an online platform in the fintech sector. Short-term personal loans are facilitated for users through a digital application process. Applicants submit personal details, income verification, banking information, and related documents entirely online. Operations focus on connecting consumers with loan options in the Indian market.
Who are the top competitors of PhoneParLoan?
PhoneParLoan's top competitors include Yaper, BadaBro and Fiddo Loans.
Who are PhoneParLoan's investors?
PhoneParLoan has 30 investors. Key investors include Lead Angels, Incubate Fund India, CashBus, PitchRight Ventures, and Satin Neo Dimensions.
What is PhoneParLoan's valuation?
The valuation of PhoneParLoan is $5.65M as of Feb 2020.