📺 Stream EntrepreneurTV for Free 📺

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.
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Science & Technology

Service as a Strategy — How to Build a Sustainable, Future-Ready Tech Business

The benefits of transitioning from traditional SaaS models to service-based models — and how to do it successfully.

Business News

Samsung's New Ad Pokes Fun at Apple's Controversial 'Crush' Ad

Creative universes overlap in a new ad from Samsung.


Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.