Faircent Overview
- Year Founded
-
2013

- Status
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Private
- Employees
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142

- Latest Deal Type
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Accelerator/Inc
- Investors
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20
Faircent General Information
Description
Operator of a peer-to-peer lending platform intended to directly connect borrowers and lenders. The company's platform is a virtual marketplace where borrowers and lenders can interact directly with fellow borrowers and negotiate terms and conditions about interest rates and tenure loans without any intervention and without having to go through traditional financial intermediaries, enabling customers to get loans at lower rates than they would from a traditional bank and lenders to get good returns on their investments than they would from a traditional savings account.
Contact Information
Website
www.faircent.comCorporate Office
- 5C & 5D, 5th floor
- Lemon Tree Corporate Park, Sector 60
- Gurgaon, Haryana 122011
- India
Corporate Office
- 5C & 5D, 5th floor
- Lemon Tree Corporate Park, Sector 60
- Gurgaon, Haryana 122011
- India
Faircent Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Accelerator/Incubator | Completed | Generating Revenue | ||||
9. Later Stage VC (Series B) | 13-Aug-2019 | Completed | Generating Revenue | |||
8. Later Stage VC | 13-Mar-2018 | Completed | Generating Revenue | |||
7. Later Stage VC (Series B) | 19-Dec-2017 | Completed | Generating Revenue | |||
6. Accelerator/Incubator | 20-Sep-2016 | Completed | Generating Revenue | |||
5. Early Stage VC | 11-Aug-2016 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A) | 10-May-2016 | Completed | Generating Revenue | |||
3. Early Stage VC | 12-Oct-2015 | Completed | Startup | |||
2. Seed Round | 11-Jun-2015 | $250K | $250K | Completed | Startup | |
1. Angel (individual) | 07-Jan-2015 | Completed | Startup |
Faircent Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Ordinary | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | 1,500 | $0.143697 | $23.95 | $23.95 | 1x | $23.95 | 0.92% | |
Preference | 34,695 | $14.369718 | $106.27 | $106.27 | 1x | $106.27 | 21.2% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Faircent Comparisons
Industry
Financing
Details
Faircent Competitors (34)
One of Faircent’s 34 competitors is Lendbox, a Venture Capital-Backed company based in New Delhi, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Lendbox | Venture Capital-Backed | New Delhi, India | ||||
Cashkumar | Venture Capital-Backed | Bangalore, India | ||||
i2ifunding | Venture Capital-Backed | Noida, India | ||||
IndiaLends | Venture Capital-Backed | Gurugram, India | ||||
RupeeCircle | Formerly VC-backed | New Delhi, India |
Faircent Signals
Faircent Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Gunosy | Corporation | Minority | ||
DasCapital | Venture Capital | Minority | ||
Elevate Innovation Partners | Venture Capital | Minority | ||
Incofin Investment Management | Impact Investing | Minority | ||
Muthoot Fincorp | Corporation | Minority |
Faircent FAQs
-
When was Faircent founded?
Faircent was founded in 2013.
-
Where is Faircent headquartered?
Faircent is headquartered in Gurgaon, India.
-
What is the size of Faircent?
Faircent has 142 total employees.
-
What industry is Faircent in?
Faircent’s primary industry is Financial Software.
-
Is Faircent a private or public company?
Faircent is a Private company.
-
What is Faircent’s current revenue?
The current revenue for Faircent is
. -
How much funding has Faircent raised over time?
Faircent has raised $14M.
-
Who are Faircent’s investors?
Gunosy, DasCapital, Elevate Innovation Partners, Incofin Investment Management, and Muthoot Fincorp are 5 of 20 investors who have invested in Faircent.
-
Who are Faircent’s competitors?
Lendbox, Cashkumar, i2ifunding, IndiaLends, and RupeeCircle are some of the 34 competitors of Faircent.
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