MyLoanCare Ventures Pvt is a prominent player in the Indian financial services industry, having been founded in 2013. The startup has secured a significant INR65.00M Series A investment from Ncubate Capital Partners as of 27 April 2018, demonstrating confidence from notable investment entities. MyLoanCare has established itself as the third-largest online loans marketplace for retail loans in India, with an impressive daily visitor count of over 30,000. The company caters to diverse loan needs, including home loans, personal loans, auto loans, loans against property, business loans, gold loans, and education loans. With a remarkable processing rate of a new loan query every 30 seconds, MyLoanCare has successfully partnered with major prime segment banks such as Axis Bank, Bajaj Finserv, Citibank, HDFC Bank, HDFC Limited, ICICI Bank, IDFC Bank, IndusInd Bank, PNB Housing, RBL Bank, SBI, Tata Capital, Yes Bank, and others, enabling loan disbursement in over 300 locations across India. The company's impressive growth and market positioning make it an intriguing prospect for potential investors in the financial technology ecosystem.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | INR65.00M | 1 |
|
27 Apr 2018 |
| Angel Round | INR11.50M | - | 28 Dec 2015 | |
| Seed Round | INR3.50M | - | 30 Mar 2014 |
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