Source Name : Credmudra

Category Name : General

Credmudra, a Startup from Madhya Pradesh, is Disrupting the Fintech Lending in Bharat

Updated: 21/09/2023

Arif Khan, a 10-year Lending Tech Veteran from the USA Market, Teams up with Industry Experts Varun Gaur, Parul Shrivastava, and Lavit Dighe to Pave the Way for Inclusive and Innovative Lending Tech in Bharat 

Bhopal, Madhya Pradesh, India (NewsVoir)     

Credmudra, a Zappian Fintech Pvt. Ltd. company, is Bharat's pioneering loan matchmaking platform, ready to mark a significant stride in the fintech landscape. Founded by Arif Khan, a seasoned entrepreneur with a decade-long track record of shaping lending technology in the USA market, along with Industry Experts Varun Gaur, Parul Shrivastava, and Lavit Dighe, Credmudra embodies the vision of 'Loan for Everyone'. 

Headquartered in Bhopal, Madhya Pradesh, Credmudra's state-of-the-art machine learning-driven matchmaking system ingeniously matches borrower profiles with lender profiles, revolutionizing the lending experience with Tech. 

"We're adapting the USA lending tech and customizing it to bring better inclusiveness and adaptability to the market here. Credmudra's journey exemplifies the convergence of technology and purpose. Our commitment to responsible lending is at the core of our operations," shares Arif Khan. 

"The power of machine learning efficiently connects individuals or businesses with the most suitable lenders. It streamlines the lending process, reduces the time and effort, and ensures that borrowers are presented with loan options that align with their creditworthiness and financial goals," emphasizes Varun Gaur, Co-founder and CTO

The platform aligns each customer's loan needs with the eligibility requirements of partner lenders, presenting tailor-made loan options. It also eliminates the hassle of checking eligibility across various lenders, consolidating the best option in one seamless experience. Lenders, in turn, receive applications that precisely match their eligibility criteria, resulting in higher loan disbursal rates. 

"Having successfully built the platform, our focus now shifts towards enhancing user experience by introducing innovative features, especially via a mobile app," remarks Lavit Dighe, Co-founder and CEO. 

"By prioritizing data-driven decision-making, we also empower lenders to operate with unparalleled precision and efficiency. Our platform provides valuable insights to fine-tune matchmaking; this level of precision sets us apart. It increases the likelihood of successful loan disbursements, reducing the number of rejected applications," adds Lavit.  

Parul Shrivastava, Co-founder and CMO, adds, "In the dynamic fintech landscape, prioritizing customer satisfaction is paramount for elevating Customer Lifetime Value. We leverage technology to achieve and enhance customer satisfaction. This commitment drives us towards realizing our mission of 'Loan for Everyone', ensuring everyone can pursue their dreams without being encumbered by financial constraints." 

Team Credmudra secures $5 Million in Loan Approvals within two months of operations and anticipates concluding its inaugural six months by serving over a million loan seekers. The platform provides access to short-term personal and business loans from the Country's foremost lending institutions. 

The fintech market is set to soar to a staggering $2.1 trillion by 2030, with lending technology leading the charge with a projected 22% CAGR from 2022 to 2030. Credmudra has a clear vision of growth and hence it opened its offices in Bhopal and Mumbai, but the team is set to expand its footprint further by opening a Delhi office by year-end. 

About Credmudra

Credmudra is a pioneering loan matchmaking platform by Zappian Fintech Pvt. Ltd. Headquartered in Bhopal, Madhya Pradesh, Credmudra leverages cutting-edge technology to connect borrowers with the most suitable lenders, revolutionizing the lending experience in Bharat. 

For more information about Credmudra and its innovative approach to lending, please visit

Image: Meet the Co-founding team of Credmudra

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