OMLp2p

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OMLp2p - overview

Established

2016

Location

Mumbai, -, India

Primary Industry

Financial Services

About

Based in Maharashtra, India, and founded by Surendra Jalan and Pramod Kumar Akhramka in 2016, OHMY Technologies Private Limited doing business as OMLp2p operates as a technology-based financial services company offering a peer-to-peer (P2P) lending platform. In April 2023, the firm was acquired by UniOrbit Technologies Private Limited, a portfolio company of Accel, Acorn Heavy Industries Worldwide LLC, Arbor Ventures, DMI AIF Sparkle Fund, etc. for INR 30 million. OMLP2P's product is a lending platform that provides a lending and borrowing marketplace where borrowers can apply for both personal and business loans ranging from INR 50,000 to INR 10,00,000 and receive funding from investors registered on the platform.


The platform leverages proprietary algorithms for credit scoring and risk assessment and provides transparent and secure lending, with competitive interest rates and flexible repayment options. The type of loans offered by the company are personal, marriage, debt consolidation, consumer durable, small business, peer-to-peer, medical loan, etc in more than 8 cities of India including Mumbai, Delhi NCR, Hyderabad, Bangalore, etc. OMLP2P generates revenue through a fee-based model, charging a registration fee of INR 500 to both borrowers and lenders, a processing fee to borrowers, and a service fee to investors.


Current Investors

UniOrbit Technologies Private Limited

Primary Industry

Financial Services

Sub Industries

Consumer Finance

Website

www.omlp2p.com

Verticals

FinTech, FinTech

Company Stage

Add-on

Total Amount Raised

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