Get All Access for $5/mo

FlexiLoans AUM Crosses INR 1000 Crore, Aims To Hit INR 10,000 Crore By 2025 The platform aims to reach INR 10,000 crore in AUM by 2025 and be among the top three pure-play MSME lending institutions in the country

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

FlexiLoans.com, India's leading MSME-focused fintech NBFC, has announced that its assets under management has crossed the milestone of INR 1000 crore and it has disbursed over 70,000 loans worth over INR 3,400 crore across more than 2,000 cities through 100% digital originations and zero branches as of March 2023. It is also projecting to achieve full year profitability on the back of solid fundamentals. Also, it aims to reach INR 10,000 crore in AUM by 2025 and be among the top three pure-play MSME lending institutions in the country.

"At FlexiLoans.com, we are committed to using technology to make finance more accessible, affordable and transparent for MSMEs. Our focus on innovation, customer-centricity and collaboration with our lending partners has helped us achieve this milestone and we are confident of reaching even greater heights in the future and supporting MSMEs as India goes on to realise its ambition of becoming a $5 trillion economy by 2025," said Ritesh Jain, co-founder Flexiloans.com.

FlexiLoans.com grew at an impressive rate of 3 times year-on-year growth rate in AUM in FY 23. The firm is currently disbursing loans at an annualized disbursement run rate of 3,000 crores and aims to double this run rate in the next 12 months. The truly digital growth was inclusive with 53% of its loans to first time business loan borrowers and 69% are in tier 2/3 towns. FlexiLoans.com is currently one of the largest embedded finance players in India, with more than over 150 ecosystem partnerships including e-commerce giants, claimed by the company in a statement.

The company has built one of India's most comprehensive co-lending platforms with its unique end-to-end digital sourcing, underwriting, and servicing technology deployed across more than 8 financial institutions.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Apple Is Adding ChatGPT to iPhones This Week. Here's How It Works.

ChatGPT will take over questions that Siri can't answer.

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Growing a Business

How to Spot Trends and Anticipate Market Shifts Before Your Competition

Discover how to identify disruptive trends before your competitors by mastering the art of anticipating market shifts. Learn strategies for staying ahead and gaining a competitive edge in business.

Growing a Business

5 Effective Strategies to Boost Your Business's Online Presence

Boosting your online presence in 2025 is the key to success for businesses looking to grow. Working on your branding and reputation management is important to drive more sales and improve conversion.

News and Trends

India's Logistics Cost to be Reduced to 9% Within 2 Years: Nitin Gadkari

With a focus on innovation, clean energy, infrastructure, and rural empowerment, Nitin Gadkari's vision aligns with India's aspirations to become a global economic powerhouse.