LendenClub - About the company
LendenClub is a series A company based in Mumbai (India), founded in 2015 by Dipesh Karki. It operates as a Developer of a P2P lending platform for personal loans. LendenClub has raised $11.9M in funding from investors like Artha India Ventures, Italica and Tuscan Ventures, with a current valuation of ₹*****. The company has 57 active competitors, including 13 funded and 3 that have exited. Its top competitors include companies like Olyv, mPokket and KreditBee.
Company Details
Developer of a P2P lending platform for personal loans. It is a peer-to-peer lending platform that connects lenders with creditworthy borrowers. It connects individual lenders with borrowers through a digital marketplace and operates as an RBI-registered NBFC-P2P platform. It operates through a web-based platform, providing a platform for individuals to lend or borrow money while offering a streamlined underwriting process.
- Website
- www.lendenclub.com/
- Social
- Email ID
- *****@lendenclub.com
- Phone Number
- +91 **********
- Registered Address
- Gala 101, CTS No. 141, Kuber Chembers, Datta Mandir Rd, Malad East, Mumbai, Malad East, Maharashtra, India, 400097
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Series A
Total Funding
$11.9M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Dec 16, 2021
Investors
Ranked
1st among 57 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
29 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with LendenClub
LendenClub is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INNOFIN SOLUTIONS PRIVATE LIMITED CIN: U74999MH2015PTC266499 , India, Active | Jul 10, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 21 (As on Mar 01, 2026) | |
LENDEN CLUB FINANCE PRIVATE LIMITED CIN: U65990MH2022PTC376689 , India, Active | Feb 12, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
VARTIS PLATFORMS PRIVATE LIMITED CIN: U74999MH2018PTC318128 , India, Active | Dec 11, 2018 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 274 (As on Apr 01, 2026) |
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LendenClub's funding and investors
LendenClub has raised a total funding of $11.9M over 7 rounds. Its first funding round was on Apr 12, 2016. Its latest funding round was a Series A round on Dec 07, 2021 for $*****. 24 investors participated in its latest round. LendenClub has 29 institutional investors and 74 angel investors.
Here is the list of recent funding rounds of LendenClub:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 07, 2021 | 6570367 | Series A | 8250496 | 5285533 | 7214523 | 8896846 |
Dec 03, 2020 | 6449860 | Seed | 8726473 | 2021796 | 2160734 | |
2019 | 6902 | Seed | 5079 | 2637 | 3754 |
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LendenClub's founders and board of directors
Founder? Claim ProfileThe founders of LendenClub is Dipesh Karki.
Here are the details of LendenClub's key team members:
- Dipesh Karki: Co-Founder & CTO of LendenClub. They serve on the board of 1 company.Contact Info: 1 email address
LendenClub's Board of Directors
LendenClub's board has 5 active members. Anirudh A Damani, Amal Parikh, Bhavin Patel and Dipesh Karki are part of team and Rital Bhavin Patel is independent board member.Here is the list of LendenClub's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 7m | |
Team | - | Current | 7y 7m | |
Investor | - | Current | 4y 5m | |
Investor | - | Current | 4y 5m | |
Independent board member | - | Current | 2y 11m | |
bfgjgza | Independent board member | - | Past | 3y 7m |
View details of LendenClub's Founder profiles and Board Members
LendenClub's employee count trend
LendenClub has 29 employees as of Apr 26. The total employee count is 7.0% more than what it was in Apr 25. Here is LendenClub's employee count trend over the years:
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LendenClub's Competitors and alternates
Top competitors of LendenClub include Olyv, mPokket and KreditBee. Here is the list of Top 10 competitors of LendenClub, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LendenClub 2015, Mumbai (India), Series A | Developer of a P2P lending platform for personal loans | $11.9M | 72/100 | |
2nd | A personal loan and financial solutions provider | $49.5M | 67/100 | ||
3rd | Operator of an application providing instant personal loans to various demographics | $7.69M | 61/100 | ||
4th | Platform providing personal loans, business loans, and loans against property | $476M | 61/100 | ||
5th | Provider of a platform for digitally selling credit cards and loans | $21.2M | 58/100 | ||
6th | Online marketplace for consumer and business loans | $10.4M | 49/100 | ||
7th | PayMeIndia 2016, Noida (India), Seed | Developer of an online marketplace for personal loans | $2M | - | 44/100 |
8th |  CapitalNow 2020, Hyderabad (India), Unfunded | Provider of an app-based marketplace offering diversified consumer loans | - | - | 43/100 |
9th | Online marketplace for personal loans | $9.13M | 42/100 | ||
10th | Cashmypayment 2021, Delhi (India), Unfunded | Digital lending platform providing personal loan services | - | - | 40/100 |
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LendenClub's Latest cap tables and shareholding
Founders (largest shareholder) own 32.02%, Funds own 30.49%, Enterprises own 8.83% and Angels own 17.97%. The net worth of LendenClub's founders is INR 122Cr as of Dec 16, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 32.02% | 122Cr | 5317848 | 2044864 | 9939872 | 1213088 |
385 | 455 | 902 | 609 | 473 | 870 | |
Fund | 30.49% | 116Cr | 2567765 | 1468673 | 3450835 | 6303422 |
7 | 6 | 3 | 6 | 1 | 4 | |
Enterprise | 8.83% | 33.6Cr | 4256191 | 3557522 | 6331015 | 5432541 |
Angel | 17.97% | 68.4Cr | 3788081 | 2911406 | 9201787 | 9269325 |
Other People | 2.95% | 11.2Cr | 77 | 25 | 51 | 36 |
ESOP Pool | 7.74% | 29.5Cr | 6601322 | 2664603 | 1890462 | 6663684 |
Total | 100.00% | 381Cr | 3488028 | 2887778 | 9749855 | 4635019 |
To unlock detailed Cap Table of LendenClub 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 LendenClub's Shareholding
LendenClub's Investments and acquisitions
LendenClub has a total of 1 investment in Hubler. LendenClub has not made any acquisitions as of now.Reports related to LendenClub
Here is the latest report on LendenClub's sector:
News related to LendenClub
Filter this listMedia has covered LendenClub for 1 event in last 1 year, It was about company updates.
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LenDenClub Achieves Profitability in FY25 Despite Stricter RBI RegulationsYourStory•Sep 01, 2025•LendenClub
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RBI imposes Rs 1.99 crore penalty on Innofin Solutions for violating P2P lending regulationsMoneycontrol•Aug 24, 2024•LendenClub, InnoFin
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Recruitment Firm GetWork Racks Up Fresh FundingEnablers•Feb 20, 2023•GetWork, NVS Brokerage, Samarthya Investment Advisors, Artha Group and 11 others
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LendClub selects six startups for incubator programmeFinextra•Jan 31, 2023•LendenClub, Finswealth, Flashpay, and 3 others
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Logistics startup Porter to offer insurance, vehicle loans to drivers through partnershipsMoneycontrol•Jan 13, 2023•Porter, Zopper, KarmaLife, LendenClub
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Indian no-code app builder raises $1.5m in seed moneyTech in Asia•Oct 10, 2022•Hubler, Unicorn India Ventures, Artha Venture Fund, LendenClub and 1 other
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