Products

Signal Tracker Data Platform Data Enrichment API Intelligence desk

Solutions

Inward Investment & Aftercare Deal Origination Executive Search Corporate Development Signal-Based Outbound Competitive Intelligence Funding Signals Competitor Monitoring For Sales Teams For Founders For Agencies For Investors

Explore

Companies Live Signals Markets Trends

Resources

Signal Checker Blog Integrations FAQ Contact Pricing
Login Book a demo
Prashray logo — Completely digitized collateral free loans for the unbanked...

Prashray

Completely digitized collateral free loans for the unbanked and underbanked urban population

Founded 2017 India Indore, India 9 employees Finance, Financial Services

General Information

Company Name Prashray
Founded Year 2017
Location India Indore, India
Employees 9
Industries Finance, Financial Services
Social

BounceWatch is an independent company data service, not affiliated with Prashray. To contact Prashray, visit prashray.org.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

About Prashray

Prashray is a fintech startup based in India, founded in 2017 with a mission to provide completely digitized collateral free loans for the unbanked and underbanked urban population. The company targets the 'missing middle'—those who fall between traditional bankable urban populations and the ultra-poor, often neglected by financial institutions and government initiatives. Prashray fills this gap by offering collateral free personal and income augmentation loans at competitive rates for non-consumption needs. The company's name, 'Prashray', meaning 'to provide support' in Hindi, reflects its objective to help individuals improve their financial circumstances. Prashray utilizes a full-fledged core banking system to support its cashless model and customizes loan products based on market research. Leveraging technology and an efficient operating model, Prashray is able to provide cheaper loans, doorstep service, and disburses loans within a maximum of 48 hours. Noteworthy about Prashray is not only its proven commercial viability but also its significant social impact in financially including the urban poor. The company's efforts play a vital role in addressing the financial exclusion of this demographic. With its focus on the underbanked and unbanked urban population, Prashray presents an attractive proposition for potential venture capital investors seeking both financial returns and social impact in the finance and financial services industries.

Taxonomy: Alternative Lending, Financial Inclusion, Collateral-Free Loans, Digital Banking, Urban Finance, Credit Rating Model, Risk Assessment, Cashless Transactions, Doorstep Service

No funding data available for Prashray yet.

Prashray Alternatives & Competitors

Prashray vs
Pp Promotora De Vendas S.A.
Pp Promotora De Vendas S.A.

Empowering financial access with tailored online credit solutions for everyone.

Series B
2 employees
E-Commerce, Finance
Prashray vs
Upstart
Upstart United States

Our mission is to enable effortless credit based on true risk.

Series D
1531 employees
AI, Finance
Prashray vs
Indifi
Indifi India

OUR LOAN. YOUR GROWTH.

Series E
801 employees
Finance, Financial Services

FAQ About Prashray

Completely digitized collateral free loans for the unbanked and underbanked urban population
Prashray was founded in 2017.
Prashray is headquartered in Indore, India.
Prashray operates in Finance and Financial Services. Its work centres on Alternative Lending, Financial Inclusion, Collateral-Free Loans and Digital Banking.
Prashray has approximately 9 employees.
Top alternatives and competitors to Prashray include Pp Promotora De Vendas S.A., Upstart, Indifi, Ibancar, Credit OK. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Prashray and Pp Promotora De Vendas S.A. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Prashray, https://bouncewatch.com/company/prashray, updated 10 October 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes