UdhaarDe - We Help YOU Lend money against any valuable assets - lower risk, predictive returns! We are an online unsecured & secured lending platform disrupting the traditional brick-and-mortar lending model. We are online marketplace and use technology to lower cost and deliver an amazing experience connecting users who need loan and users who give loan. Users who need loan can pledge any valuable asset to access and select as per their requirement a low interest rate or desired tenure or needed amount of loans through a fast and easy online or mobile interface. On the other hand, users who give loan can offer their capital at an attractive interest rate and capable tenure to enable the loans in exchange for any collateral that they may deem as valuable. Our marketplace enables loan approval, pricing, servicing and support operations, and provides optional assistance on regulatory and legal framework that makes it all possible.
We are currently operational from Mumbai, fully online and are in process to set up branch infrastructure in other cities as well that will enable our footprint into other geographies of India. We pass the cost savings to borrowers in the form of lower rates and investors in the form of attractive returns.
We're transforming the lending model into a frictionless, transparent and highly efficient online marketplace, helping people achieve their financial goals. Our low operational costs and credit evaluation tools are making credit cheaper for borrowers and investing more valuable for lenders. We aim to become a multi-product company and have launched unsecured loan as our first vertical.