India · Financial services startup

Niro

Niro is a private limited digital lending company based in Bangalore, India.

Funding reportedLast round: Series B

Financial servicesBengaluru, India

About Niro

Niro is a private limited digital lending company based in Bangalore, India.

It specializes in consumer lending by offering pre-approved personal loans with high disbursal rates. Niro provides unsecured loans ranging from ₹10,000 to ₹50 lakh, allowing users to access funds without the need for collateral. The application process is straightforward, enabling users to complete eligibility checks and upload documents online for instant approval and disbursal. Niro targets individuals aged 21 to 60 years, including both salaried and self-employed professionals. The company is particularly accommodating to those with lower credit scores, making it a suitable option for individuals who may face challenges securing loans from traditional banks. Niro aims to transform the lending experience by providing accessible financial solutions tailored to a diverse customer base.

What company datasets say Niro raised

Funding, as reported

Reported in all18.8Min the source's currency
Rounds4
Last roundSeries B
Last round size20M
Last round dateMay 2024
Investors listed14

On 2 portfolio pages

Investors who name them

Each firm lists Niro on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

credit linesuser experiencecustomer engagementinstant disbursal technologycredit product customizationpre-approved creditdigital credit journeysdigital credit platforminformation technology & servicesseamless journeyscredit managementfinancial servicesfinancecredit productsapi integrationdisbursal rates

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Sector
Financial services
Industry code
NAICS 52239, 522310, 541512
Region
Karnataka
Revenue
1.1M a year, as listed
Full record
Every detail in the company directory

Financial services in India

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