FlexiLoans is an online lending platform started with an endeavour to solve the problem that SMEs face in accessing Quick, Flexible and Adequate funds for growing their Businesses. Over 80% of Loan proposals from SMEs currently are rejected by institutional channels on account of inadequate financial history or collaterals. With the fast and ubiquitous digital adoption in India and increased avenues to leverage data analytics, we are standing on the verge of Banking transformation in this country which will help us efficiently cater to the large untapped and unserved demand. We wish to make the ‘social and alternative scoring’ of SMEs and Individuals a big opportunity for the economy that will far out place the limited insights that financial bureau provide. We believe our technology-powered online marketplace is the best model to meet the financial requirements of SME’s who do not have credit history and hence cannot avail loans from traditional banking channels.
Location: India, Maharashtra, Mumbai
Employees: 201-500
Total raised: $106.98M
Founded date: 2016
Funding Rounds 2
| Date | Series | Amount | Investors |
| 12.06.2022 | Series B | $100M | Kalaari Ca... |
| 08.12.2017 | - | $6.98M | - |
Mentions in press and media 15
| Date | Title | Description |
| 05.05.2024 | The SME Lender: Manish Lunia, Co- Founder, Flexiloans Having faced events such as Demonetization, GST, IL&FS Crisis, and Covid-19, Lunia and the startup believe that in every crisis there is a hid... | - |
| 25.04.2024 | 47% of Indian women face challenges in getting credit: Tide report | - |
| 19.02.2024 | Deals in brief: KWAP makes first investments under Dana Perintis strategy, Sydney-based Hatch secure AUD 7 million, eight China and India deals, and more | KWAP announces first investments under its Dara Perintis strategy Kumpulan Wang Persaraan (KWAP), Malaysia’s public service retirement fund, has announced the first batch of investments it has made under its MYR 500 million Dana Perintis St... |
| 09.06.2022 | FlexiLoans raises USD 90 million in Series B Funding | Mumbai, India-based digital lending startup FlexiLoans raised USD 90 million in Series B funding. The round took place on June 6, 2022. Denmark-based private equity firm Maj Invest and UK-based fintech investor Fasanara Capital participated... |
| 07.06.2022 | SME-focused lending platform FlexiLoans.com raises $90 mn | FlexiLoans.com, an online lending platform that provides working capital loans to small and medium enterprises (SMEs), has raised $90 million as a part of its Series B funding round from private equity (PE) firms and family offices, the com... |
| 26.05.2022 | FlexiLoans.com Raises $90 Mm From Marquee Global Investors To Fuel Growth | - |
| 29.10.2020 | India: Fintech lender FlexiLoans.com raises $20m in equity, debt financing | Premium Mumbai-based fintech lender FlexiLoans.com has raised about $20 million (Rs150 crore) through a mix of equity and debt funding, it announced on Wednesday. Continue reading this story with a subscription to DealStreetAsia. Subscribe ... |
| 29.10.2020 | India: Fintech lender FlexiLoans.com raises $20m in equity, debt financing | Mumbai-based fintech lender FlexiLoans.com has raised about $20 million (Rs150 crore) through a mix of equity and debt funding, it announced on Wednesday. The entire equity funding in the current round has been provided by the Falguni and S... |
| 28.10.2020 | Fintech firm FlexiLoans.com raises ₹150 crore | Fintech lender FlexiLoans.com has raised ₹150 crore from a mix of equity and debt, which the company will use to scale up its micro SME lending, supply chain and co-lending verticals. The Falguni and Sanjay Nayar Family Office has provided ... |
| 25.08.2020 | Top 10 EdTech Startups in India | BYJU’S- The Learning App is the brand name of popular Indian EdTech startup Think and Learn Private Ltd. It was founded by Byju Raveendran in 2011. The startup is headquartered in Bengaluru. |
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