Abhishek Kothari, Deepak Jain, Manish Lunia, and Ritesh Jain were shocked to realise that India had more than 60 million small businesses and more than 80 percent didn’t have any credit. This created a staggering $250 billion credit gap with a direct impact on the country’s GDP. The four, who had worked for decades across banking, telecom, and startups, decided to solve this problem and founded FlexiLoans at the end of the same year. The SME fintech aimed to provide fast and affordable credit to SMBs in India with a branchless, agent-less, paperless business model.
https://yourstory.com/2021/05/product-roadmap-sme-fintech-startup-flexiloans