# Dipamkara Web Ventures Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dipamkara-web-ventures-pvt

- Industry: Financial Services
- Headquarters: Hyderabad, India
- Website: www.i-lend.in
- Total disclosed funding: $0.2M
- Latest round: Seed (Apr 28, 2017)
- Investors on record: 1

## About

Dipamkara Web Ventures Pvt. Ltd. operates i-lend.in, a platform dedicated to simplifying lending solutions by connecting borrowers with lenders for personal and business loans, enhancing the financial transaction experience.Founded in 2012 and headquartered in Hyderabad, India, Dipamkara Web Ventures Pvt. Ltd. is notably engaged in the lending sector through its platform, i-lend.in. The company has successfully raised INR 11.17 mn during its Seed funding round in April 2017, with 50K Ventures and other investors participating. Up to date, the firm has completed 4 deals, with a total amount raised of INR 11.17 mn and a current valuation of INR 213.152 mn.i-lend.in specializes in providing innovative lending solutions aimed at simplifying the borrowing process for consumers and small businesses. Their core product offerings include a streamlined digital platform that connects borrowers with lenders, facilitating personal loans and business financing. The platform employs advanced algorithms to assess creditworthiness and deliver tailored loan options, ensuring efficient processing and approval times. The end users of these services primarily include individuals seeking personal loans for various purposes, such as education, home improvement, and emergencies, as well as small enterprises requiring capital for growth and operational needs. i-lend.in caters to a diverse client base across multiple geographical markets, including metropolitan areas in India, targeting urban consumers who value convenience and speed in financial transactions.In the most recent year, 2021, i-lend.in generated a revenue of INR 18.8 mn, with an EBITDA of INR -78,800. The company's revenue model is structured around transaction fees charged for each successful loan facilitated via its platform, earning a percentage of the loan amount disbursed to borrowers, thus creating a sustainable income stream.Dipamkara Web Ventures Pvt. Ltd. plans to utilize the INR 11.17 mn raised in April 2017 to enhance its platform capabilities and explore new geographical markets. Specific strategies include the development of new lending products to cater to evolving consumer needs and the expansion into additional Indian metropolitan regions, aiming for implementation by 2023. The company is committed to leveraging its current funding to strengthen its position in the market and attract more users to the platform.

## Funding rounds

- Seed, Apr 28, 2017, $0.2M — 50K Ventures

## Investors

- 50K Ventures (https://capitalatlas.ai/funds/50k-ventures) — Seed