's turnover reaches ₹62 lakhs when the primary year of its operating

Startup, has registered a formidable revenue of sixty two lakhs when the primary year of its operating. RupeeLend a start-up that introduced a unique idea of giving freely short term credit loans digitally through a problem free method, has been ready to create it huge on the revenue charts by recording a sixty two lakhs 1st year earnings. Such associate earning could be a rarity to search out in start-ups of this level.

The entire loan method takes solely around ten minutes to induce sanctioned through a very on-line verification and documentation method. the corporate has been a proud disperser of short term credit loans price Rupees three large integer in an exceedingly short span of 1 year since August 2015, the time once it absolutely was born. the corporate is presently operative in Delhi-NCR, city and city however is coming up with its growth into cities like Pune, Hyderabad, Ahmedabad and urban center when it secures its next spherical of funding.

Siddharth Ravindaran, the CEO of RupeeLend whereas expressing joy at the occasion expressed that, “it was a novel introduction of short term credit dispersing idea however has seen a prepared acceptance by the community that was very moving. He additional went on to mention that the corporate aims to double its profits within the next year.”