perkfinance

  • Bangalore, India
  • FinTechPersonal Finance, Platform

PerkFinance helps employees of SMEs secure quick personal loans to meet their emergency needs.

Founded:
2017
Stage:
Proof of Concept
Market:
B2C

Startup Video

Featured


Founded

Oct

2017

New Product Release

Website live

Feb

2018

Jobs


Team Summary

The founding team consists of IIT Madras and Oxford alumni with significant experience working across PE, VC and tech startups.
Vikas has hands on experience of running an SME while Vinay has built a successful B2B2C travel company.

Team

Founding Team

An IIT Madras and Oxford Alumnus with over 7 years of experience across Investment Banking and Private Equity.

WORK

PerkFinance (2017 - present)
Co-Founder

Surya Capital (2013 - 2017)
Associate

SIMO Education India (2010 - 2012)
Director, Head - Business development

EDUCATION

University of Oxford - Said Business School
Master of Business Administration (MBA) • 2012 - 2013

Indian Institute of Technology, Madras
Btech • 2002 - 2006

Ashram Public School

Vikas Kothari


Co-Founder

Vinay Parameswarappa


Co-Founder

Product/Service Summary

PerkFinance provides quick access personal loans with payroll deduction to SME employees, who are currently not being served by the formal banking sector.
We identified our first 5 SME partners, signed an in principle agreement with NBFC partner to lend through our platform and in the final stages of development of our tech infrastructure to support our underwriting process.
We are looking to raise between USD 500k - 600k, through Angel investors and funds.

Product/Service Descriptions