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Faircent - About the company
Faircent is a series C company based in Gurugram (India), founded in 2013 by Rajat Gandhi, Vinay Mathews, Nitin Gupta and Sunil Kakkar. It operates as a Provider of a peer-to-peer lending platform connecting lenders and borrowers. Faircent has raised $11.1M in funding from investors like Aarin Capital, JM Financial Private Equity and Brand Capital, with a current valuation of ₹*****. The company has 136 active competitors, including 34 funded and 10 that have exited. Its top competitors include companies like Lending Club, Mintos and Assetz Capital.
Company Details
Provider of a peer-to-peer lending platform connecting lenders and borrowers. The platform facilitates personal and business loans, offering tools for lenders to diversify investments. Borrowers can apply for loans based on purpose and city. The platform provides resources such as calculators, knowledge centers, and information on loan performance.
- Website
- www.faircent.com
- Social
- Email ID
- *****@faircent.com, *****@faircent.com
- Phone Number
- +91 **********
- Registered Address
- Unit No. 406, 4th Floor, M3M Urbana, Sector-67, Badshahpur, Gurgaon, Badshahpur, Haryana, India, 122101
Key Metrics
Founded Year
2013
Location
Gurugram, India
Stage
Series C
Total Funding
$11.1M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 03, 2019
Investors
Ranked
9th among 136 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
89 as on May 31, 2025
Similar Companies
Legal entities associated with Faircent
Faircent is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FAIRASSETS TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U67100HR2013PTC048659 , India, Active | Mar 28, 2013 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 84 (As on Aug 01, 2025) |
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Faircent's funding and investors
Faircent has raised a total funding of $11.1M over 7 rounds. Its first funding round was on Dec 31, 2014. Its latest funding round was a Series C round on Aug 13, 2019 for $*****. 8 investors participated in its latest round. Faircent has 23 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Faircent:
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Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 13, 2019 | 7211750 | Series C | 7222014 | 5626097 | 5449620 | 7207641 |
Feb 06, 2018 | 9601837 | Series B | 1464587 | 3040895 | 8014069 | |
Aug 04, 2017 | 5661441 | Series B | 8140526 | 8219050 |
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Faircent's founders and board of directors
Founder? Claim ProfileThe founders of Faircent are Rajat Gandhi, Vinay Mathews, Nitin Gupta and Sunil Kakkar. Rajat Gandhi is the CEO of Faircent.
Here are the details of Faircent's key team members:
- Rajat Gandhi: Co-Founder & CEO of Faircent and founder of 2 other companies, FaircentPro and Fairkeys. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Vinay Mathews: Co-Founder & COO of Faircent and founder of 2 other companies, FaircentPro and Fairkeys. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Nitin Gupta: Co Founder of Faircent and founder of 1 other company. They serve on the board of 1 company.
- Sunil Kakkar: Co-Founder of Faircent.
Faircent's Board of Directors
Faircent's board has 3 active members. Rajat Gandhi, Vinay Mathews and Juhee Gandhi are part of team.Here is the list of Faircent's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 3m | |
Team | - | Current | 13y 3m | |
Team | - | Current | 13y 3m |
View details of Faircent's Founder profiles and Board Members
Faircent's employee count trend
Faircent has 89 employees as of May 25. The total employee count is 47.0% lower than what it was in May 24. Here is Faircent's employee count trend over the years:
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Faircent's Competitors and alternates
Top competitors of Faircent include Lending Club, Mintos and Assetz Capital. Here is the list of Top 10 competitors of Faircent, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lending Club 2006, San Francisco (United States), Public | P2P marketplace for consumer and business loans | $219M | 82/100 | |
2nd | P2P marketplace for consumer and business loans | $28M | 69/100 | ||
3rd | Assetz Capital 2012, Stockport (United Kingdom), Series B | Developer of online P2P marketplace for commercial real estate and business loans | $12M | 69/100 | |
4th | P2P lending platform for consumers & businesses | $1.68M | 67/100 | ||
5th | Online P2P lending platform for personal loans | $3.04B | 66/100 | ||
6th | CreditEase 2006, Beijing (China), Series B | Wealth management, credit management, microcredit loans and startup incubation and investment | $11.6M | 66/100 | |
7th | Online P2P marketplace for consumer and business loans | $6.83M | 62/100 | ||
8th | Developer of a P2P lending platform | $93.1M | 59/100 | ||
9th | Provider of a peer-to-peer lending platform connecting lenders and borrowers | $11.1M | 55/100 | ||
10th | Manafa Capital 2018, Riyadh (Saudi Arabia), Series A | Equity crowdfunding platform to connect investors with companies | $28.2M | 52/100 |
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Faircent's Latest cap tables and shareholding
Founders (largest shareholder) own 39.29%, Funds own 36.02%, Enterprises own 10.41% and Angels own 1.68%. The net worth of Faircent's founders is INR 78.5Cr as of Sep 03, 2019.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 39.29% | 78.5Cr | 7458678 | 5976163 | 7255540 | 7926844 |
1350700 | 9268930 | 9763832 | 4753230 | 1006044 | 9599742 | |
4700227 | 2144484 | 6500610 | 3393763 | 1856946 | 8484533 | |
Fund | 36.02% | 71.9Cr | 3897904 | 7349824 | 4580190 | 6690347 |
6022392 | 2986814 | 6399906 | 5327508 | 7438608 | 5059671 | |
8261633 | 2866553 | 5453214 | 4497487 | 4474880 | 6526689 | |
877 | 302 | 425 | 704 | 612 | 441 | |
92 | 84 | 78 | 52 | 90 | 52 | |
79 | 17 | 77 | 26 | 89 | 57 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 10.41% | 20.8Cr | 3132552 | 7788509 | 6100513 | 8944819 |
Angel | 1.68% | 3.35Cr | 1 | 1 | 3 | 1 |
Other People | 6.85% | 13.7Cr | 603769 | 540961 | 613249 | 648904 |
ESOP Pool | 5.75% | 11.5Cr | 13071 | 87842 | 50417 | 71948 |
Total | 100.00% | 200Cr | 8108171 | 1251326 | 6556387 | 5802369 |
To unlock detailed Cap Table of Faircent Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Faircent's Shareholding
Faircent's Investments and acquisitions
Faircent has made no investments or acquisitions yet.
Reports related to Faircent
Here is the latest report on Faircent's sector:
News related to Faircent
Filter this list•
Rang De, Faircent, others face RBI scrutiny in crackdown on peer-to-peer lendersLivemint•Oct 16, 2024•Faircent, Monexo, LEO 1, Lendbox and 2 others
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Mohandas Pai, Aarin Capital Partners Lead Pre-series a Round in 88Academics IndiaIndianWeb2•Sep 26, 2021•88academics, Aarin Capital, BYJU'S, PharmEasy and 4 others
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Faircent raises fresh funding from investors led by Das Capital & Gunosy CapitalIndiatimes•Aug 13, 2019•Faircent, DAS Capital, Gunosy, SIN Capital and 4 others
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Faircent claims its loan disbursements in tier 3 locations have tripled in last fiscalIndiatimes•Dec 06, 2018•Faircent
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Faircent.com drops prime lending rates by 200Bps to 9.99% p.a. for unsecured loansIndiatimes•Sep 26, 2018•Faircent
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