OMLp2p
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
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
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.