- News |
-
- Featured
-
Canada’s privacy commissioner launches investigation over the use..
As the years pass by, technology also widens, and more and more are being discovered. From simple gadgets..
- Business |
-
- Featured
-
Be an informer to I-T dept; earn up..
Sharing "specific information" with the income tax department about any benami..
- Tech & Industry |
-
- Featured
-
Gravitational wave event likely signaled birth of black..
The merger of two neutron stars that generated gravitational waves detected last year may have led to the birth..
- Entertainment |
-
- Topics
- Malayalam Film
- Media
- Music
- Youth
-
- Featured
-
Shawn Mendes Released Highly Anticipated Self-Titled Album Today
Los Angeles, CA : Multi-Platinum singer/songwriter Shawn Mendes released his highly anticipated self-titled third album today, via Island Records. Get..
-
- New Products |
-
- Topics
- General
-
- Featured
-
ZOTAC Introduces Its GeForce GTX 960 series graphics..
Dubai- ZOTAC International, a leading innovator and manufacturer of graphic cards and mini-
-
- Education |
-
- Topics
- Campus News
-
- Featured
-
ITM University, Gurgaon Student Palash Chhabra Represents Varsity..
New Delhi: Palash Chhabra, a student of ITM University,..
-
- Health |
-
- Topics
- Medical News
-
- Featured
-
Maharshi Shushruta, The Great Grandfather of Surgery!
by Ayurvedacharya Dr.Hitesh Jani Dr.Hitesh Jani
-
- Tourism |
-
- Topics
- Travel
- Food&Beverages
- Hospitality
-
- Featured
-
“Keraliya Ayurveda is Credible and Authentic”
Irina Gurjeva Irina Gurjeva is not just another vacationer in..
-
- Sports |
- Editor's column |
- Magazine |
Weaving its way towards North India, Fin-Tech firm Loanwalle.com starts its operations in Punjab, invests INR 30 Cr
Published on March 4, 2020
New Delhi : New Delhi headquartered Fin-Tech Startup;Loanwalle.com added another feather to its cap by expanding its operations in Punjab.Going ahead with its rapid expansion plan, the company invested INR 30 Cr in Punjab while focusing on key cities like Chandigarh, Ludhiana, Ambala, Jalandhar and Amritsar.
Ranked 14 th on the GDP index, 46% of population in Punjab comprises of serviced individuals. The city holds great significance for start- ups like Loanwalle.com as the company serves the short-term financial needs of serviced individuals.
Launched in 2018, Loanwalle.com was initiated with an objective of helping salaried individual with their emergency financial needs as the company’s founder Mr. Sachin Mittal came across various situations where people get stuck in a financial crunch and although they require small amount but the urgency of money is so immediate that waiting in long queues to get loan is not a fruitful option. Catering to this immediate need of finance is Loanwalle.com that ensures quick loan approval using its data-driven algorithms and advanced technology system like CIBIL analyzer, data in phone, text, social media connections to simplify loan application and fasten loan sanctioning.
Commenting on the growth prospects in Punjab, Mr. Sachin Mittal, Founder, Loanwalle.com said, “Continuing our expansion drive, we have entered Punjab with our offices across all major cities in the state like Chandigarh, Ludhiana, Ambala, Jalandhar and Amritsar to provide short-term emergency loans.”
Mr. Mittal further added, “We will be investing Rs. 30 Cr in the state over the next one year. Right from the onset, Punjab is showing great potential to be amongst the better states served by Loanwalle.com.”
Incorporated in the year 2018, Loanwalle.com already has offices in Delhi, Mumbai, Pune, Bangalore, Gujarat, Hyderabad, Chennai, Kolkata, Madhya Pradesh and Telangana at present and is speedily spreading its wings in the remaining parts of the country. The fin-tech start- up plans to grow by 200% by 2020 December.
