Prest Loans - About the company
Prest Loans is a seed company based in Delhi (India), founded in 2016 by Ashok Kumar Mittal. It operates as a Provider of financial services for small and medium-sized businesses. Prest Loans has raised $1.14M in funding, with a current valuation of $*****. The company has 374 active competitors, including 66 funded and 19 that have exited. Its top competitors include companies like InCred, Funding Societies and Moneyview.
Company Details
Provider of financial services for small and medium-sized businesses. This entity offers various loan products tailored to the needs of MSMEs, including business loans, MSME loans, home loans, and EV loans. They provide financial assistance with minimal documentation and aim for quick disbursement. The company also offers invoice financing and inventory funding. Their services are supported by a technology-enabled platform designed for fast and easy application processing.
- Website
- prestloans.com
- Social
- Email ID
- *****@prestloans.com
- Phone Number
- +91 **********
- Registered Address
- M5-M6 ESSEL HOUSE 10 ASAF ALI ROAD, Central Delhi, NEW DELHI, Delhi, India, 110002
Key Metrics
Founded Year
2016
Location
Delhi, India
Stage
Seed
Total Funding
$1.14M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 21, 2023
Investors
Ranked
84th among 374 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
24 as on Aug 31, 2025
Similar Companies
Legal entities associated with Prest Loans
Prest Loans is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LORD KRISHNA FINANCIAL SERVICES LIMITED CIN: U65993DL1992PLC049609 , India, Active | Jul 20, 1992 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 24 (As on Aug 01, 2025) |
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Prest Loans's funding and investors
Prest Loans has raised a total funding of $1.14M over 5 rounds. Its first funding round was on Mar 30, 2017. Prest Loans has 5 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Prest Loans:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2023 | 9006026 | Angel | 3238018 | 3577883 | 9433355 | 4844655 |
Jul 31, 2021 | 5902063 | Seed | 3318942 | 6915035 | 9879822 | |
Jul 30, 2019 | 1285233 | Angel | 7716637 | 5144962 | 6887775 |
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Prest Loans' founders and board of directors
Founder? Claim ProfileThe founders of Prest Loans is Ashok Kumar Mittal. Ashok Kumar Mittal is the CEO of Prest Loans.
Here are the details of Prest Loans' key team members:
- Ashok Kumar Mittal: Founder & CEO of Prest Loans. They are also an angel investor in 6 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Prest Loans' Board of Directors
Prest Loans's board has 3 active members. Ashok Kumar Mittal is part of team and Manish Poddar and Mamta Mittal are independent board members.Here is the list of Prest Loans' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 11m | |
Independent board member | - | Current | 8y 11m | |
eyjanxu | Independent board member | - | Current | 4y 8m |
View details of Prest Loans's Founder profiles and Board Members
Prest Loans' employee count trend
Prest Loans has 24 employees as of Aug 25. The total employee count is 83.0% lower than what it was in Aug 24. Here is Prest Loans's employee count trend over the years:
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Prest Loans's Competitors and alternates
Top competitors of Prest Loans include InCred, Funding Societies and Moneyview. Here is the list of Top 10 competitors of Prest Loans, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
2nd |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 80/100 | |
3rd | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 76/100 | ||
4th |  Vivriti Capital 2017, Chennai (India), Series D | Provider of technology-enabled debt financing solutions to mid-market enterprises | $205M | 75/100 | |
5th | Provider of alternative debt and supply chain financing solutions to businesses | $36.3M | 72/100 | ||
6th | Provider of financial solutions, including loans, for SMEs and corporates | $201M | 71/100 | ||
7th |  Credit Saison 2019, Bengaluru (India), Series D | Provider of diverse financial products and lending solutions for businesses and individuals | $144M | 70/100 | |
8th |  APAC Group 2017, Mumbai (India), Series B | Provider of financial loans for small and medium business enterprises | $90M | 69/100 | |
9th | DMI Finance 2008, Delhi (India), Series E | Provider of personal loans, MSME loans, consumption loans, and electric vehicle loans | $734M | 69/100 | |
10th | Liquidity 2018, New York City (United States), Series C | Provider of debt financing for growth stage technology business entities | $120M | 69/100 | |
84th | Prest Loans 2016, Delhi (India), Seed | Provider of financial services for small and medium-sized businesses | $1.14M | 38/100 |
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Prest Loans's Investments and acquisitions
Prest Loans has made no investments or acquisitions yet.
Reports related to Prest Loans
Here is the latest report on Prest Loans's sector:
News related to Prest Loans
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PrestLoans gets Rs 16.5 cr in debt fundingIndiatimes•Aug 08, 2018•Prest Loans, AU Small Finance Bank, InCred, Mas Financial Services and 1 other
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