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Empowering banks worldwide, Lentra's SaaS platform revolutionizes digital lending, processing $20B+ in loans for 50+ banks, with modular APIs for custom products and optimal efficiency.
Basic Information
Founded in 2019, Lentra is enabling banks in democratising digital lending through its SaaS platform. It empowers banks (& NBFCs) to create custom loan products and enhance customer experiences, through its API-driven modular architecture. Currently, Lentra's digital lending platform serves over 50 banks, has processed over $20 billion worth of loan applications, with 2 million loans being processed every month. Lentra supports its customers in expanding their reach, reducing non-performing assets, optimising operational efficiencies, and using Pay-as-you-go pricing for their growth. Lentra is backed by investors like BVP, Citi, HDFC, MUFG, SIG & Vy.
Legal Name
:
Lentra AI Private Limited
Headquarters
:
Pune, Maharashtra, India
Business Model
:
B2B  
Founding Date
:
2019
No. of Employees
:
501 to 1000
Core Team
:
1.  
D. Venkatesh
Founder
2.  
Ankur Handa
Co-founder and Chief Product Officer
3.  
Sandeep Mathur
Chief Revenue Officer
4.  
Haribandhu Patra
Chief Financial Officer

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Revenue Stream
Funding

Total Funding

$103.6M

Investors
:
1.  
Susquehanna International Group (SIG)
2.  
Citi Ventures
3.  
Bessemer Venture Partners
4.  
HDFC Bank

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5

$11.7M

Series Name
:
SERIES-A
Date
:
Nov 2019
Investors
:
1.  
Bessemer Venture Partners
2.  
HDFC Bank