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Loanzen Finance focuses on the small scale entrepreneurs who are looking to obtain commercial vehicle for their captive transportation or logistics business.
Basic Information
Loanzen is digital lending platform that offers financial solutions to the logistics industry. Loanzen Finance commenced operation in 2018 to provide capital for small businesses to seek out their short term capital requirements. Their marketplace allows small and medium enterprises to issue their invoices on their platform to get unsecured loans from the lenders who are comfortable with the borrower credit profile. The platform is primarily for companies like MNCs and large Indian corporate.
Legal Name
:
Loanzen Finance Pvt Ltd
Headquarters
:
Bangalore, Karnataka, India
Founding Date
:
2015
No. of Employees
:
21 to 40
Core Team
:
1.  
Madhu Sudhan
Co-Founder & CEO
2.  
Venkatesh Sankararaman
Co-Founder
Funding

Total Funding

$4.0M

Investors
:
1.  
Tracxn labs
2.  
Zephyr Peacock India
3.  
Kae Capital
Detail Round Breakdown
Round 1
Round 2
Round 3
Series Name
:
SEED
Date
:
2016