Company Research Report: MyMoneyMantra

Company Overview

• Name: MyMoneyMantra

• Mission: "Everything we do starts and ends with you!"

• Founded: 1989

• Founder: Raj Khosla

• Key People:

• Raj Khosla: Founder & Managing Director

• Rahul Soota: Executive Director

• Headquarters: No information is available.

• Number of Employees: 2500+ loan specialists

• Revenue: No information is available.

• Known For: India's largest phygital financial services marketplace facilitating real-time application of Personal Loans, Home Loans, Loans Against Properties, Business Loans, and Credit Cards.

Products

Product Categories:

• Personal Loans

• Home Loans

• Credit Cards

• Loan Against Property

• Gold Loans

High-Level Description:

MyMoneyMantra offers a variety of financial products by partnering with multiple banks and financial institutions, providing customers with a wide range of choices.

Key Features:

• Personal Loans: Tailored loan options, competitive interest rates, numerous partners for best rates.

• Home Loans: Flexible terms, balance transfer options, competitive interest offers.

• Credit Cards: Various categories including shopping, travel, and more; options from top banks.

• Loan Against Property: Available for businesses and individuals, multiple eligibility criteria.

• Gold Loans: Quick disbursal, competitive rates, minimal documentation.

Recent Developments

• Recent Developments: No specific recent developments are noted.

• New Products Launched: No information is available.

• New Features Added: No information is available.

• New Partnerships: Collaborates with over 100 RBI recognized banks, NBFCs, and financial institutions.

Additional Information

• Technology Utilization: Utilizes latest technology, AI, and ML to search for the best loan offers and provides a seamless user experience through their app and website.

• Achievements: Built a family of 50 lakh happy customers since inception.

• Unique Proposition: Acts as a bridge between lenders and borrowers, offering the widest choice of financial products in India with personalized service.

Conclusion

MyMoneyMantra stands out as a comprehensive financial services marketplace in India, built on a customer-first approach since 1989. With its vast network of partner institutions and customer base, it aims to provide tailored financial solutions leveraging advanced technology, ensuring privacy and security for its users.