
i2ifunding
Ground Floor, A-217, Transport Nagar, Sector 69, Noida, Uttar Pradesh, 201301, India
Overview
Noida-based i2iFunding, founded in 2015, is an RBI-registered peer-to-peer lending platform that verifies and matches unsecured borrowers with interested retail lenders. The company operates as an NBFC offering unsecured loans up to Rs 10 lakh for personal use and business expansion, funded by lenders registered on its platform. i2iFunding reported disbursing more than Rs 36 crore in 2018 and has crossed monthly disbursals of Rs 4 crore this year. To date the company has received Rs 8.5 crore in total capital. Most recently it raised Rs 1.75 crore from SucSEED Venture Partners; SucSEED had earlier infused around Rs 1.2 crore in March 2018 when the startup secured Rs 4.75 crore from multiple investors. Co-founder Vaibhav Kumar Pandey said the company has grown more than 8x since January 2018 and expects 5x growth over the next year and to become profitable on the back of strong unit economics. i2iFunding is also in discussions with marquee fintech investors to raise a Series A.
- Total raised
- $0M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Jun 2019
Industries
- Crowdfunding
- Finance
- Financial Services
- FinTech
- Marketplace
Recent funding
Series A
Jun 2019
$0M