angel

Bala Parthasarathy

4 portfolio companies indexed

Building MoneyTap,India's 1st app-based credit line.At MoneyTap, we are shaping the Future Of Fintech - we are one of the fastest-growing consumer lending fintech companies in India. We are India's 1st app-based credit line that provides flexible,affordable and hassle-free credit to make millions of lives easier.By making credit accessible to diverse customer segments in multiple cities,MoneyTap is leading the way in revolutionizing consumer lending in the Asian fintech space.We have recently bagged the Non-banking Financial Company (NBFC) license from the Reserve Bank of India (RBI).Since we started out in 2015, me and my co-founders (Kunal Varma and Anuj Kacker ) share a common vision to use the power of technology to provide a seamless lending experience for the huge Indian middle-class population who often require additional funds to manage unexpected or urgent expenses.As an app-based lending platform and with our unique credit line model,we have impacted Indian consumers across 50+ cities, who struggled with access to affordable credit options.We have built a customer-first platform with cutting-edge technology and user design - our goal is to enable customers access to credit with a few swipes on their smartphones. Co-founded Angelprime (now Prime Venture), a Seed Fund, where we worked with awesome entrepreneurs from EZEtap, SmartOwner, HackerEarth, Happay, Synup and more! Started Snapfish from scratch and helped build it to a $300M revenue & profitable business spanning 22 countries,sold it to HP in 2005; Volunteered for UIDAI Project in India before starting a technology incubator with 2 other co-founders; Professional interests are in mobile,Internet ecommerce entrepreneurship & running International businesses with focus in Europe and Asia.