Business Standard

Dipamkara launches i-lending platform

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BS Reporter Chennai

Dipamkara Web Ventures Private Limited, a Hyderabad-based start-up working in the social lending space, has launched www.i-lend.in, an online peer-to-peer (P2P) lending platform that works as an exchange and facilitates financial transactions between borrowers and lenders.“i-lend currently has around 300 borrowers and 100 lenders registered. We will break even once the transactions reach Rs 5.5 crore in the second year of operations,” VVSSB Shankar, founder-director of Dipamkara, said in a press release.

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First Published: Aug 30 2012 | 12:01 AM IST

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