When Mayank Kachhwaha initially dabbled with India's credit market as a wannabe entrepreneur (back from a six year stint at Capital One), he was keen to explore peer-2-peer lending. Thus started IndiaLends in March 2015. But soon the realization dawned upon them that India doesn't really have a credit supply problem. Rather, it is the structural issues in the customer cycle itself which need fixing. Be it the high cost of origination or the technological capabilities to adequately price risk. With that as its core mandate, IndiaLends has metamorphosed to become one of the country's rising digital lending platforms.
S3 Ep39: Gap, Consumption, Credit
S3 Ep39: Gap, Consumption, Credit
S3 Ep39: Gap, Consumption, Credit
When Mayank Kachhwaha initially dabbled with India's credit market as a wannabe entrepreneur (back from a six year stint at Capital One), he was keen to explore peer-2-peer lending. Thus started IndiaLends in March 2015. But soon the realization dawned upon them that India doesn't really have a credit supply problem. Rather, it is the structural issues in the customer cycle itself which need fixing. Be it the high cost of origination or the technological capabilities to adequately price risk. With that as its core mandate, IndiaLends has metamorphosed to become one of the country's rising digital lending platforms.