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Founded
2023
Headquarters
Bengaluru (India)
Status
Seed
Company Details
Quicklend is an Indian fintech platform that specializes in secured lending, offering loan products against mutual funds. They aim to provide quick and easy lending solutions for borrowers while equipping lenders with advanced portfolio management tools
Key Details about Quicklend
Quicklend has launched its LAMF product in partnership with Bajaj and other NBFCs. This allows consumers to use their mutual fund holdings as collateral, providing instant liquidity while retaining their investment potential.
Digital Process
Quicklend provides a completely digital loan process, eliminating the need for physical documents.
No Credit Score Required
Quicklend does not require a credit score to issue loans against mutual funds.
Quicklend aims to transform India's lending landscape by bridging the gap between financial institutions and credit-seekers and furthering financial inclusion. They are pioneering a fully digitized secured loan experience.
Key Metrics
Total Equity Funding
$1.58Million
No. of Funding Rounds
2
Latest Funding Round
$775.0K, Seed
as of February 5, 2025
Post Money Valuation
$4.51Million
as of N/A
Funding Multiple
-
as of N/A
Investors
Upsparks Capital
and 4 moreEmployee Count
7
Similar Companies
Fibe
Exit Details
N/A
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| February 5, 2025 | Seed | $775.0K | - | - | - | Inuka Capital, Eximius Ventures, Upsparks Capital, Growx |
| August 28, 2024 | Seed | $804.0K | $4.5M | - | - | Eximius Ventures, Upsparks Capital, Inuka Capital , LetsVenture |