SmartCoin is a Bengaluru-based consumer lending startup.

Basic Information

SmartCoin offers small-ticket personal loans to micro merchants as well as self-employed and salaried individuals. SmartCoin began operations in 2017 and has since scaled rapidly, serving customers across all the states and more than 95% districts of India, the company claimed. It has offered loans amounting to more than ₹400 crore to half a million customers, with a pan-India user base of more than five million. It received non-banking financial company licence in October 2019. In March 2020, the startup raised more than $7 million in a Series A funding from LGT Lightstone Aspada and existing investors Unicorn India Ventures and Accion Venture Lab. SmartCoin was the only fintech startup in 2019 to successfully graduate from both Google’s Launchpad Accelerator programme and its App Excellence Program for its advanced data-driven, mobile-first approach. See more

Legal Name

:

SmartCoin Financials Pvt. Ltd.

Headquarters

:

Bangalore, Karnataka, India

Founding Date

:

Nov 2015

No. of Employees

:

21 to 40

Core Team

:
1.

Rohit Garg

Co-Founder & CEO

2.

Jayant Upadhyay

Co-Founder & COO

3.

Amit Chandel

Co-Founder & CTO

See More

Funding

Total Funding

$9.5M

Investors

:

1.

LGT Lightstone

2.

Accion Venture Lab

3.

Unicorn India Ventures