About Prest Loans
Prest Loans is a Financial Services company based in Delhi (India) founded in 2016 by Ashok Mittal. Financial services are provided to small and medium-sized businesses. Prest Loans has raised $1.11 million across 5 funding rounds from investors including InCred, AU Small Finance Bank and Northern Arc Capital. The company has 90 employees. Prest Loans was last valued at $8.51 million in November 2023. Its chief executive, as recorded, is Ashok Mittal. Its website prestloans.com draws about 67 thousand monthly visits. Its Indian entity Lord Krishna Financial Services Limited reported revenue of ₹15.06 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include Vivriti Capital, Finnov and ePayLater; 3 of its 3 listed competitors have raised funding.
Company details
Prest Loans was founded in 2016 in Delhi, India, focusing on financial services for MSMEs. Various loan products, including business loans, MSME loans, home loans, and EV loans, are offered with minimal documentation and quick disbursement processes. Invoice financing and inventory funding are also available. A technology-enabled platform is utilized for efficient application handling and operations.
- Headquarters Delhi, India
- Employees 90
- Founders Ashok Mittal
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website prestloans.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Lord Krishna Financial Services Limited
- Date of Incorporation 20 Jul, 1992
- Jurisdiction Delhi, India
- Annual Revenue₹15.06 Cr
FY 2025 · +5% YoY
- Net Profit₹22.1 Lakh
FY 2025 · 1% margin
- EBITDA₹3.68 Cr
FY 2025 · 24% margin
- Total Equity Funding$1.11M (USD)
in 5 rounds
- Latest Funding Round$60K (USD), Angel Round
Nov 2023
- InvestorsInCred
& 15 more
- Employee Count90
Associated legal entities of Prest Loans
Prest Loans operates through Lord Krishna Financial Services 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 |
|---|---|---|---|---|---|---|---|
| Lord Krishna Financial Services Limited CIN U65993DL1992PLC049609 | Active | 20 Jul 1992 | New Delhi, Delhi | ₹15.1 Cr | 90 | 3 | View details |
Apps and channels of Prest Loans
its YouTube channel Prest Loans has 265 subscribers and 30 videos.
Videos from Prest Loans
The most watched videos on Prest Loans's YouTube channel, Prest Loans (265 subscribers). Click a video to play it here.
More on Prest Loans.
Funding Insights of Prest Loans
Prest Loans has successfully raised a total of $1.11M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $60 thousand completed in November 2023. 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 $1.11M
- Total Rounds 5
- Last Round Angel Round — $60,000
- First Round $876,805
(Mar 2017)
- Investors Count 16
All 5 funding rounds of Prest Loans 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 |
|---|---|---|---|---|---|
| Nov 2023 | $60,000 | Angel Round | $8.51M | – | – |
| Jul 2021 | $26,909 | Unspecified | $6.61M | Rajender Kumar Goyal | |
| Jul 2019 | $174,421 | Angel Round | $••••• | – | |
| Aug 2018 | $250,000 | Debt – Conventional | – | – | |
| Mar 2017 | $876,805 | Angel Round | $••••• | Gayatri Devi Poddar, Manish Poddar |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2023 | $8.51M | •••••••• |
| Jul 2021 | $6.61M | •••••••• |
| Jul 2019 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of Prest Loans
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $8.51M (Nov 2023). 16 investors in total: 5 institutional and 11 angel.
Investors in Prest Loans
Prest Loans has secured backing from 16 investors, including institutional and angel investors. Prominent investors backing the company include InCred, AU Small Finance Bank and Northern Arc Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| avyamconsultants.tcc.mode | ||||
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | aubank.in | Jaipur, India | |
Financial services are provided, specializing in personal and business loans. | 2016 | incred.com | Mumbai, India | |
Financial services and loans are provided to individuals and businesses. | 1988 | mas.co.in | Ahmedabad, India | |
Household and business loans are provided with risk management support. | 2006 | northernarc.com | Chennai, India | |
RK Rajender Kumar Goyal | unknown_32322734039c42049 | |||
MP Manish Poddar | unknown_27c67acf17d84e27a | |||
SP Seema Poddar | unknown_38deb3c64c9240f0b | |||
GD Gayatri Devi Poddar | unknown_8c189da528324ee7a | |||
AG Arun Garg | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_237ed1e7bb0a4aeda |
Investor details for Prest Loans
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Lord Krishna Financial Services Limited (Prest Loans)
Lord Krishna Financial Services Limited is the primary company behind Prest Loans. The board of Lord Krishna Financial Services Limited currently have 3 directors; the longest-serving is Mamta Mittal, appointed in 2016. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mamta Mittal DIN 03169796 | Managing Director | 26 Oct 2016 | 10 yrs | Lord Krishna Financial Services Limited |
| Manish Poddar DIN 00588844 | Director | 08 Jul 2017 | 9 yrs 3 mo | Lord Krishna Financial Services Limited |
| Ashok Kumar Mittal DIN 01332017 | Director | 08 Jul 2017 | 9 yrs 3 mo | Lord Krishna Financial Services Limited |
People of Prest Loans
4 people are tracked at Prest Loans (3 in leadership, 1 in team); the tracked headcount is 90.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| Managing Director | Leadership | |
Aashima Mittal | Head Of Strategy & Alliances | Leadership |
Harsh Dadhich | BDM | Team |
Complete people profiles for Prest Loans
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Prest Loans
Figures of Lord Krishna Financial Services Limited, the primary company behind Prest Loans, for FY 2025. Revenue was ₹15.06 Cr (+5% year on year). Net profit was ₹22.1 Lakh (1% margin). EBITDA was ₹3.68 Cr (24% margin). Revenue has grown at a compounded annual rate of +38% over three years and +15% over five years.
- ₹15.06 CrRevenue · FY 2025 · +5% YoY
- ₹22.1 LakhNet profit · 1% margin
- ₹3.68 CrEBITDA · 24% margin
- ₹7.78 CrPaid-up capital
- 90Employees (provident fund records)
- +38%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lord Krishna Financial Services Limited are on its company page.
Detailed financial statements for Prest Loans
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Prest Loans
4 dated milestones of Prest Loans across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Prest Loans is founded.
- Funding First funding round of $877K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $60K.
Competitors of Prest Loans
Prest Loans has 3 listed competitors in our database, 3 of them funded. They include Vivriti Capital, Finnov and ePayLater.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vivriticapital.com | 2017 | Chennai, India | $205.2M | 704 | Debt financing solutions are provided to mid-market enterprises. | |
| finnov.in | 2017 | Gurugram, India | $145M | Operates a digital marketplace for business loans to facilitate financing. | ||
| epaylater.in | 2015 | Mumbai, India | $18.09M | 62 | Digital credit is extended to SMEs for deferred inventory payments. |
Detailed competitors of Prest Loans
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 Prest Loans
The website of Prest Loans (prestloans.com) receives about 66.8K visits a month.
- Monthly visits66.8K
▲ 112.9% vs previous month
Websites whose visitors overlap most with Prest Loans. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rupeestation.com | 100% | 9.1K | #2,007,301 | View details | |
| mobicred.in | 93% | 13.8K | #1,341,339 | View details | |
| saralcredit.com | 87% | View details | |||
| trillionloans.com | 84% | 14.2K | #1,277,102 | View details | |
| moneywide.com | 81% | 6.4K | #2,603,245 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Prest Loans
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as Prest Loans (Alternative Lending) in India, 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 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Prest Loans
Complete news archive for Prest Loans
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about Prest Loans
Prest Loans was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Prest Loans is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Ashok Mittal is the CEO of Prest Loans, as recorded in our data. They have also founded this company.
Prest Loans is a funded company, having raised a total of $1.11M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $876.81K, raised on Mar 2017.
Prest Loans has 90 employees.
The primary company behind Prest Loans, Lord Krishna Financial Services Limited, reported revenue of ₹15.06 Cr for FY 2025, up 5% year on year.
Prest Loans was founded in 2016 in Delhi, India, focusing on financial services for MSMEs. Various loan products, including business loans, MSME loans, home loans, and EV loans, are offered with minimal documentation and quick disbursement processes. Invoice financing and inventory funding are also available. A technology-enabled platform is utilized for efficient application handling and operations.
Prest Loans's top competitors include Vivriti Capital, Finnov and ePayLater.
Prest Loans has 16 investors. Key investors include InCred, AU Small Finance Bank, Northern Arc Capital, Mas Financial Services, and Avyamconsultants.
The valuation of Prest Loans is $8.51M as of Nov 2023.
Prest Loans operates through Lord Krishna Financial Services Limited.
The legal entities of Prest Loans currently have 3 directors, including Manish Poddar, Mamta Mittal, Ashok Kumar Mittal.