The News Scroll 28 December 2017  Last Updated at 6:15 pm | Source: PTI

BigWin Infotech expects to start ops in P2P lending biz from

BigWin Infotech expects to start ops in P2P lending biz from


Bengaluru, Dec 28 BigWin Infotech, a government   recognised startup foraying into P2P lending, expects to start its operations through their market place PaisaDukan.Com from  January 2018.

The startup also aims to capture a significant market share, according to a statement by Bigwin Infotech.

Bigwin Infotech Founder Rajiv M Ranjan said the startup's mission is to provide clients with finest financial platform to create a smart way of lending and borrowing money.

"Many people find it difficult to borrow loans from banking institutions for various reasons like income criteria or risk profile," he said.

The startup will also provide loans for students' coaching classes, he added.

Ranjan has collaborated with Ambar Kasliwal, Founder and  Director of PaisaDukan.Com, to enter into Non-Banking  Financial Company-P2P lending business.

Kasliwal said the reason for P2P lending space gaining  traction might be because of a slump in the economic activity  or decrease in bank lending in SME space.

Ranjan has held premier positions in several reputed organizations like Bank of America, Infosys and Welspun Group.

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds.
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