Insights into Online Lending by Manish Lunia

Technology is set to bring about a revolution by amalgamating with the world of finance. In that arena, is proving to be a rising star. This is a tech-based financing platform that disburses loans online for funding SMEs when they are in need for quick, flexible and adequate funds. Mr. Manish Lunia, Co-Founder of gives us an insight into his company,

Manish Lunia speaks about starting an online lending business in spite of being in this competitive environment of banks and loans looking to extend their loan books. He describes how the co-founders of all come from business backgrounds with enough research on banks. There are several small and medium enterprises that are still having a hard time with getting loans from banks. A large number of SME’s who have just started out might not maintain their books of accounts to perfection but have strong cash flows and a sound business model and in spite of that, might not get funding. This is where breaks boundaries, and as a digital lending platform, it provides quick collateral and hassles free loans with minimal documentation to small and medium enterprises across India requiring small loan amounts for a short tenure.

Flexi loans serve more than 2 million small businesses across cities in India. partners with large platforms where these small and medium term enterprises sell their products, like Flipkart, Snapdeal, Jabong, Voonik to name a few.  Sellers from these platforms apply for loans on, and on the basis of logical parameters and an inbuilt algorithm, the loan is given.  Thus helps to provide SMEs with funds, to fulfill their working capital needs.

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Mr.Manish Lunia interview with Bloomberg TV India.


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