Faircent Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 142

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 5C & 5D, 5th floor
  • Lemon Tree Corporate Park, Sector 60
  • Gurgaon, Haryana 122011
  • India
+91 080100
Primary Industry
Financial Software
Other Industries
Other Financial Services
Consumer Finance
Vertical(s)
TMT, FinTech
Corporate Office
  • 5C & 5D, 5th floor
  • Lemon Tree Corporate Park, Sector 60
  • Gurgaon, Haryana 122011
  • India
+91 080100

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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
To view Faircent’s complete valuation and funding history, request access »

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%
To view Faircent’s complete cap table history, request access »

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.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

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Faircent Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a peer-to-peer lending platform intended to directly connect borrowers and lenders. The company's platform i
Financial Software
Gurgaon, India
142 As of 2022

New Delhi, India
 

Bangalore, India
 
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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
You’re viewing 5 of 34 competitors. Get the full list »

Faircent Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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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
You’re viewing 5 of 20 investors. Get the full list »

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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