169 indexable Alternative Lending companies headquartered in Delhi, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.5B across 47 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
DMI Finance
Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans |
$1.1B | — | Series E | Series E Aug 2024 | 998 | 2008 | ↑ Active |
| 2 |
Mufin Finance
Provider of consumer and SME loans |
$5.5M | — | Series A | Conventional Debt Jan 2026 | 51 | 2016 | ↑ Active |
| 3 |
RevFin
Digital lending platform providing loans for electric vehicle drivers |
$30.7M | $41.1M as of 2024 |
Series B | Series B May 2025 | 112 | 2018 | ↑ Active |
| 4 |
BillCut
Provider of solutions to reduce credit card interest payments |
$1.5M | — | Seed | Seed Dec 2025 | — | 2022 | ↑ Active |
| 5 |
TransBnk
Provider of open finance infrastructure for transaction banking and related services |
$5M | $5.3M as of 2023 |
Series B | Series B Aug 2025 | 30 | 2022 | ↑ Active |
| 6 |
Recur Club
Provider of debt financing solutions for startups and small to medium enterprises |
$2M | — | Series A | Conventional Debt Sep 2025 | 87 | 2021 | ↑ Active |
| 7 |
AyushPay
Provider of healthcare plans offering medical loans and related health benefits |
$2.2M | $17.6M as of 2023 |
Seed | Seed May 2025 | 14 | 2021 | ↑ Active |
| 8 |
GyanDhan
Provider of education loan marketplace and study abroad admission support |
$1.9M | $4.2M as of 2021 |
Series A | Series A Apr 2025 | 164 | 2015 | ↑ Active |
| 9 |
Arthum
Online platform offering short-term credit to businesses |
$160K | — | Seed | Seed Jan 2026 | — | 2020 | ↑ Active |
| 10 |
ZestMoney
Online platform offering point-of-sale financing |
$140.4M | $450M as of 2023 |
Acquired | Series C Jul 2023 | 142 | 2015 | — |
| 11 |
Livfin
Provider of supply chain finance facilitating invoice and bill discounting |
$13.5M | $11.6M as of 2020 |
Seed | Venture Debt May 2024 | 41 | 2017 | — |
| 12 |
Progcap
Provider of financial and technology solutions for small and medium businesses |
$111.3M | $24.8M as of 2023 |
Series C | Series C Jun 2022 | 97 | 2017 | — |
| 13 |
Embifi
Provider of API-enabled EV financing solutions for financial institutions |
$1.1M | $6.4M as of 2022 |
Seed | Seed Oct 2024 | 20 | 2022 | ↑ Active |
| 14 |
HealthCRED
Provider of financing solutions for healthcare providers and related businesses |
$1.5M | $13M as of 2024 |
Seed | Seed Jun 2024 | — | 2022 | — |
| 15 |
Prest Loans
Provider of financial services for small and medium-sized businesses |
$1.1M | $8.5M as of 2023 |
Seed | Angel Nov 2023 | 148 | 2016 | — |
| 16 |
MyMoneyMantra
Provider of various loan products and credit cards from multiple institutions |
$17.3M | $46.7M as of 2021 |
Early Stage | Unattributed Jul 2021 | 490 | 1989 | — |
| 17 |
Finplex
Online marketplace for business loans |
$4.4M | $22.4M as of 2022 |
Seed | Angel Nov 2022 | 131 | 2019 | — |
| 18 |
Third Unicorn
Developer of a fantasy sports platform and a loan service |
$4.8M | — | Seed | Seed Jan 2023 | — | 2022 | — |
| 19 |
OneNDF
Online marketplace for business debt loans |
$29.6K | — | Seed | Seed Nov 2024 | — | 2021 | ↑ Active |
| 20 |
Lendbox
Provider of peer-to-peer lending platform connecting lenders and borrowers |
$1.5M | $5.6M as of 2021 |
Series A | Series A Feb 2023 | 34 | 2015 | — |
| 21 |
MoNeed Technical Service
Online lending solution for consumer loans |
$10M | — | Series A | Series A Jul 2019 | 125 | 2017 | — |
| 22 |
Ruptok
Fintech platform offering gold loans with doorstep delivery to customers |
$3.5M | $25.2M as of 2021 |
Seed | Seed Oct 2021 | 1 | 2020 | — |
| 23 |
Clime Finance
Financing solutions for renewable energy project development |
$1.4M | $11.6M as of 2022 |
Seed | Seed Dec 2022 | — | 2020 | — |
| 24 |
LegalPay
Provider of non-recourse litigation funding for businesses |
$382.1K | $1.5M as of 2021 |
Seed | Conventional Debt Sep 2023 | 39 | 2019 | — |
| 25 |
Bona Fide
Platform offering multiple financial services including lending, insurance, investments, and bill payments through a single mobile application |
$318K | — | Seed | Seed Nov 2023 | — | 2019 | — |
| 26 |
Finworks360
Provider of receivable financing and invoice discounting solutions to businesses |
$216.9K | — | Seed | Seed Feb 2024 | — | 2019 | — |
| 27 |
cKers Finance
Provider of specialized debt financing to climate and sustainable energy focused startups |
$5M | — | Series A | Series A Mar 2020 | 46 | 2017 | — |
| 28 |
Paytail
Provider of fintech platform enabling instant equated monthly installment solutions for consumers |
$1.8M | $8.1M as of 2021 |
Seed | Seed Sep 2021 | 3 | 2020 | — |
| 29 |
PhoneParLoan
Online marketplace offering personal loans for consumers |
$611.2K | $5.6M as of 2020 |
Seed | Seed 2022 | 4 | 2015 | — |
| 30 |
Bridge2capital
Online platform for inventory financing |
$1.6M | $8.3M as of 2021 |
Acquired | Angel May 2021 | 147 | 2017 | — |
| 31 |
IntelleCash
Working capital loans for MSMEs |
$5.1M | $349.4M as of 2021 |
Deadpooled | Series A Sep 2012 | 10,408 | 2007 | — |
| 32 |
Rupee Circle
P2P based loans platform |
$1.3M | $8.5M as of 2020 |
Seed | Angel Nov 2019 | 9 | 2017 | — |
| 33 |
LetsMD
Platform offering medical financing solutions |
$1.9M | $4.1M as of 2018 |
Seed | Seed Sep 2018 | 46 | 2015 | — |
| 34 |
Flyhi Finance
Provider of an online platform offering diversified education loans for students |
$814K | $6.6M as of 2022 |
Seed | Seed Nov 2021 | 7 | 2021 | — |
| 35 |
Florence Capital
An app-based platform for personal loans |
$1.3M | $4.5M as of 2020 |
Seed | Seed May 2020 | 8 | 2016 | — |
| 36 |
FinBucket
Provider of a comparison platform for consumer and business loans |
$1.9M | — | Seed | Seed Dec 2017 | 10 | 2017 | — |
| 37 |
XtracapNeo
App-based platform for invoice financing |
$603.9K | $8.2M as of 2021 |
Seed | Angel May 2021 | 147 | 2017 | — |
| 38 |
Phocket
Provider of an online platform for consumer loans |
$736.1K | $1M as of 2020 |
Series A | Series A Nov 2020 | 12 | 2018 | — |
| 39 |
Healthfront
Online marketplace for healthcare loans |
$818.4K | $2.6M as of 2019 |
Deadpooled | Angel Jul 2020 | 2 | 2017 | — |
| 40 |
Afinoz
Financial product comparison platform for consumers and businesses |
$865.3K | $2M as of 2019 |
Seed | Seed Apr 2019 | 24 | 2015 | — |
| 41 |
ClearMyDues
Web platform that enables customers to directly make settlement offers to their creditors |
$878.3K | $2.8M as of 2018 |
Seed | Angel Jan 2018 | 463 | 2014 | — |
| 42 |
Vitto Money
Provider of digital business loans for small and medium enterprises |
$300K | $3.1M as of 2022 |
Seed | Seed Nov 2021 | 15 | 2019 | — |
| 43 |
Rupyo
Provider of an app-based platform for payday loans |
$144.5K | $1.1M as of 2021 |
Seed | Seed Dec 2021 | 5 | 2020 | — |
| 44 |
Rupaiya Exchange
Online marketplace for P2P lending |
$200K | $4.7M as of 2017 |
Seed | Angel Nov 2016 | 12 | 2015 | — |
| 45 |
Credit Nation
Online marketplace for loan comparison |
$140.1K | $2.4M as of 2016 |
Seed | Angel Feb 2016 | 25 | 2012 | — |
| 46 |
SimpliLend
P2P platform for personal loans |
$46.4K | $3.1M as of 2017 |
Deadpooled | Angel May 2017 | 7 | 2016 | — |
| 47 |
DiFin
P2P platform for education loans and refinancing |
$11.4K | $284.5K as of 2018 |
Deadpooled | Seed Jul 2018 | 11 | 2017 | — |
| 48 |
Uno Finance
Online marketplace for healthcare loans |
— | — | Acquired | Seed Mar 2019 | 39 | 2017 | — |
| 49 |
Maroon
AI powered predictive analytics platform for businesses |
— | — | Seed | Seed Apr 2017 | 35 | 2016 | — |
| 50 |
Aarogya Pay
Provider of loans for patients and doctors |
— | — | Deadpooled | — | — | 2022 | — |
Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans. It offers financial solutions through its digital lending platform. It provides personal loans, MSME business loans, consumption loans, loan against security, and electric vehicle loans. It facilitates loan management and bill payments through its app.
Provider of consumer and SME loans. It is a finance platform for a digital lending platform that is optimizing and making the best use of both digital and traditional NBFCs. It also has its aims to provide banking solutions to our society unserved or unbankable segments, keeping transparency as a core value.
Digital lending platform providing loans for electric vehicle drivers. It utilizing psychometric assessments, biometrics, and gamification, it evaluates creditworthiness beyond traditional methods. The platform collaborates with manufacturers, dealers, and fleet operators to facilitate point-of-sale financing and supports initiatives like battery swapping and charging infrastructure.
Provider of solutions to reduce credit card interest payments. It offers options for users to potentially lower interest rates on credit card debt. The company provides tools to analyze credit card bills and explore alternative payment methods. It aims to help users manage and pay off their credit card balances more efficiently.
Provider of open finance infrastructure for transaction banking and related services. The infrastructure supports banks, lenders, and corporations with secure and compliant solutions. These solutions include mandate management, escrow flows, reconciliation, and repayment intelligence. The platform automates reconciliations, reduces errors, and manages financial flows. It offers digital solutions enabling secure fund
Provider of debt financing solutions for startups and small to medium enterprises. The company offers various debt products, including ultra-fast debt, secured term loans, and venture debt. It also provides cashflow financing, working capital financing, invoice financing, lease financing, and structured debt. The company serves multiple sectors, including SaaS, tech services, and retail.
Provider of healthcare plans offering medical loans and related health benefits. The company facilitates access to healthcare services through financial support and wellness programs. It offers various plans providing benefits such as consultations, health checkups, and discounts. The plans are designed to cater to individuals, couples, and families.
Provider of education loan marketplace and study abroad admission support. It offers resources for planning study abroad, including loan eligibility checks and EMI calculators. The company provides tools for university comparison, SOP reviews, and grade conversion. It also facilitates connections with consultants and communities.
Online platform offering short-term credit to businesses
Online platform offering point-of-sale financing. It enables users to purchase products and pay in periodic installments within the partnered merchant network. It facilitates early payments of installments. It provides financing on the basis of bank statements. Users can obtain financing options by completing KYC on the portal. Its app is available for Android and iOS users.
Provider of supply chain finance facilitating invoice and bill discounting. The company offers working capital solutions to manufacturers, distributors, and retailers. It focuses on electronic invoicing and payment solutions. The company’s services include sales invoice finance, purchase invoice finance, and distributor finance.
Provider of financial and technology solutions for small and medium businesses. The company focuses on digitizing supply chains and facilitating financial access for retailers. It facilitates credit, payments, and business management services. The company aims to revolutionize financial access to underserved segments of the retail economy.
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LetsVenture
Angel List
BlackSoil
Caspian Debt
IIMA Ventures
Inclusive Fintech 50
India Accelerator
Venture Catalysts
Village Capital
Accion
AngelList
Axilor Accelerator
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-19.
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