Biggest pain point for SMEs is fund raising. It may be either insufficient or untimely funds. Dearth of easy financing for the SME sector is the real bottleneck for SME growth. Loanwoan.com, a multilingual platform, creates a conductive ecosystem for our SMEs in India to notch up high growth rates by helping them with easier access to debt funding through professional help. Currently, all the loan market places merely act as a mail carrier (transfer of documents) and do not offer any value addition to Financial Institutions or Borrowers except match making. Loanwoan.com, on the other hand provides a financial risk rating report generated based on its proprietary algorithm, which gives the FIs bird’s eye view of the borrower’s financials. The platform’s Artificial Intelligence engine also generates analytical questions for the entrepreneur requiring her to justify the financial variations thereby reducing efforts taken by FI to understand the business as well as the financial standing of the borrower.

Other business activities

Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.