NDX P2P Private Limited

NDX P2P Private Limited, operating under the brand LiquiLoans, is a peer-to-peer lending platform that connects borrowers with investors, enhancing access to capital for individuals and businesses in India. Founded in 2018 in Mumbai, India, LiquiLoans offers an innovative P2P lending solution that connects borrowers to lenders. The company's founders, Achal Mittal, Gautam Adukia, and Zain Shaikh, have previously been involved in other ventures. In September 2022, NDX P2P Private Limited raised USD 10.

00 mn in a funding round led by Dreamplug Technologies Pvt Ltd, bringing the total amount raised to USD 10. 00 mn. The company currently has a valuation of USD 200. 00 mn and has successfully completed 3 deals, with its most recent transaction occurring on September 16, 2022.

LiquiLoans operates as a peer-to-peer (P2P) lending platform, facilitating investments and loans for individuals and businesses. The platform connects creditworthy borrowers with an average credit score of over 700 to lenders seeking better returns. By implementing stringent borrower verification processes, including KYC checks and income proof assessments, LiquiLoans ensures secure and transparent transactions. The platform allows diversification of lender funds across 150 to 200 borrowers, mitigating risks.

Clients in India benefit from an easy-to-use online dashboard and a mobile application, LiquiMoney, for managing their investments. In the most recent year, LiquiLoans reported a revenue of USD 25,347,150. 80 with an EBITDA of USD -734,559. 90.

Revenue is generated through interest on loans facilitated via the platform, where lenders can deposit starting from ₹10,000, with their funds strategically distributed among multiple borrowers to optimize risk and return. The company reports a 100% success rate in facilitating loan disbursements and maintains a net non-performing assets (NPA) rate of 0%, indicating that all lenders have achieved profit without capital losses. Following the recent funding round in September 2022, LiquiLoans plans to leverage the USD 10. 00 mn raised to enhance its technological capabilities.

Upcoming initiatives include the introduction of new product features aimed at improving user experience on their platform and expanding into additional markets beyond India. The company is focusing on enhancing its service offerings to attract a broader customer base and may target regional expansions in the South Asian market over the next few years.