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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 58 active competitors, including 14 funded and 4 that have exited. Its top competitors include companies like Kissht, Olyv and mPokket.

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.
Social
XFacebook
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
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2026
Employee Count
29 as on Apr 30, 2026
Investment & Acquisitions
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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 30 institutional investors and 74 angel investors.

Here is the list of recent funding rounds of LendenClub:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 07, 2021
9327054
Series A
7019864
9831225
9287585
7500828
Dec 03, 2020
1436721
Seed
4317323
4627926
7733901
2019
6356
Seed
5146
7195
1161
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LendenClub's founders and board of directors

Founder? Claim Profile
The founders of LendenClub is Dipesh Karki.
Here are the details of LendenClub's key team members:

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 9m
Team
-
Current
7y 9m
Investor
-
Current
4y 7m
Investor
-
Current
4y 7m
Independent board member
-
Current
3y 0m
ebmuflx
Independent board member
-
Past
9y 4m

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:
Employee count trend for LendenClub
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LendenClub's Competitors and alternates

Top competitors of LendenClub include Kissht, Olyv and mPokket. Here is the list of Top 10 competitors of LendenClub, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kissht
Kissht
2015, Mumbai (India), Public
Provider of personal loans, business loans, and loans against property
$133M
76/100
2nd
Logo for LendenClub
LendenClub
2015, Mumbai (India), Series A
Developer of a P2P lending platform for personal loans
$11.9M
72/100
3rd
Logo for Olyv
Olyv
2017, Bengaluru (India), Series C
A personal loan and financial solutions provider
$49.5M
67/100
4th
Logo for mPokket
mPokket
2016, Kolkata (India), Series A
Operator of an application providing instant personal loans to various demographics
$7.69M
61/100
5th
Logo for KreditBee
KreditBee
2017, Bengaluru (India), Series E
Platform providing personal loans, business loans, and loans against property
$476M
60/100
6th
Logo for Credilio
Credilio
2020, Mumbai (India), Series A
Provider of a platform for digitally selling credit cards and loans
$21.2M
57/100
7th
Logo for Prefr
Prefr
2008, Hyderabad (India), Acquired
Online marketplace for consumer and business loans
$10.4M
49/100
8th
Logo for PayMeIndia
PayMeIndia
2016, Noida (India), Seed
Developer of an online marketplace for personal loans
$2M
-
44/100
9th
Logo for CapitalNow
CapitalNow
2020, Hyderabad (India), Unfunded
Provider of an app-based marketplace offering diversified consumer loans
-
-
43/100
10th
Logo for NIRA
NIRA
2017, Bengaluru (India), Series A
Online marketplace for personal loans
$9.13M
42/100
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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
4861496
3750018
3527810
5792245
459
647
362
564
288
444
Fund
30.49%
116Cr
8759295
6789142
8224454
6166370
5
3
7
5
2
2
Enterprise
8.83%
33.6Cr
7969145
2498480
8177042
3652356
Angel
17.97%
68.4Cr
5603160
5293745
5277155
6829016
Other People
2.95%
11.2Cr
64
23
66
22
ESOP Pool
7.74%
29.5Cr
9641265
8223353
6352050
1223808
Total
100.00%
381Cr
8971473
8468010
1218237
6132940
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View 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

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News related to LendenClub

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