IndiaLends bags ‘Best emerging player of the year’ at ETBFSI Excellence Awards

New Delhi/Mumbai, October 17, 2019: IndiaLends, a major digital lending platform, was conferred the Best emerging player of the year- Technology vendor award at the ETBFSI Excellence Awards 2019 held on October 4, 2019 in Mumbai. The Economic Times BFSI (ETBFSI) Excellence Awards rewards the most innovative technologies in the BFSI sector. The Awards Ceremony was attended by CMDs, CEOs and other senior management personnel from companies constituting the BFSI sector. IndiaLends won the Award in recognition of its contribution to the growth of the BFSI sector and its efforts to leverage technology to provide unsecured credit to a wide range of borrowers across consumer segments. IndiaLends Founder and CEO Gaurav Chopra said, “I am delighted and honored to receive this prestigious award. This award is a reflection of the hard work that has gone into building this innovative and interactive platform. Financial institutions are on a transformation spree and it is important to look at the BFSI sector differently in this ever-changing digital world. We have always tried to identify particular pain points and then build custom solutions to alleviate those issues. We are happy that our sustained efforts and commitment towards building a trustworthy brand is being noticed and recognized.” The company offers loans from as low as Rs 10,000 to as high as Rs 50 lakh without collateral. IndiaLends uses proprietary algorithms to connect borrowers with the appropriate banks and financial institutions, and helps borrowers and lenders make better credit decisions. IndiaLends was also conferred the prestigious SKOCH FinTech Award 2019 at the 58th SKOCH Summit held recently in June 29, 2019. The ETBFSI Excellence Awards provide an opportunity to innovators to get recognized as the best in the industry, in terms of technologies, innovations and solutions providers.