DiscoverStartupsLoanSimple (Unogrowth Technologies)
LoanSimple (Unogrowth Technologies) company logo
Mobile-first credit line for micro retailers against digital payments51-200 Employees
  • Growth Stage
    Expanding market presence
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LoanSimple (Unogrowth Technologies) careers

Mobile-first credit line for micro retailers against digital payments
LoanSimple is mobile first, credit line for micro retailers, against digital payments. India's micro retailers (mom & pop shops) have leapfrogged from cash to digital payments via UPI. 10 million+ micro retailers are accepting 100 million+ payments via UPI QR code every month

This boom in digital payment volume; coupled with data sharing via smart-phones, has unlocked $100 billion+ lending opportunity to micro retailers for the first time ever

We use machine learning and data science to process loan application instantly and collect daily repayments from micro retailers to align with their daily cash flow. 1 lakh+ daily repayments have been processed on our platform in last 6 months
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Daman Singh Kohli
Avatar for Daman Singh Kohli
Co-Founder, LoanSimple, Past Co-Founder Cook Gourmet • Worked at @Knowlarity, @Merisis Capital • Studied at @Jaypee Institute Of Information Technology
Sanny Chaudhary
Avatar for Sanny Chaudhary
Founder @Cook Gourmet, @LoanSimple (Unogrowth Technologies) • Worked at @Bank of America Merrill Lynch, @Knowlarity
Funded over

1 round

Latest round

Seed (Nov 2017)

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