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§ Private Profile · Mumbai, Maharashtra, India
Digital lending platform connecting borrowers with banks and NBFCs for unsecured personal and business loans for SMEs and mid-market consumers.
Capzest is a digital lending platform based in Mumbai, India, that connects underserved mid-market consumers and small and medium enterprises with banks and non-banking financial companies for unsecured personal and business loans. The company facilitates personal loans ranging from Rs 50,000 to Rs 2 lakh at 11.49% to 14% interest rates, alongside business loans between Rs 25 lakh and Rs 5 crore. To originate these loans, the platform has partnered with six financial institutions, including Reliance Capital and Essel Finance. The firm processed over 1,500 personal loan applications and 150 SME applications before raising $200,000 in seed funding from investors including Lion Ventures and Coverfox co-founder Varun Dua. Following a mobile application launch, the company planned expansions into education and commercial vehicle financing. Capzest was founded in 2015 by former investment bankers Sayantan Sarkar and Rohan Adlakha.
Capzest has raised $200K across 1 funding round.
Capzest has raised $200K in total across 1 funding round.
Capzest has raised $200K across 1 funding round. Most recently, it raised $200K Seed in February 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 10, 2016 | $200K Seed | Lion Ventures | Amit Tambe, Anurag Mehrotra, Varun DUA, Vikas Jhunjhunwala | Announced |
Capzest has raised $200K in total across 1 funding round.
Capzest's investors include Lion Ventures, Amit Tambe, Anurag Mehrotra, Varun Dua, Vikas Jhunjhunwala.