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Post on Medial

Shrinivas Bhalerao

Stealth • 6m

I had just 20lakh rupees and I want to do a startup of instant loan app in partnership with NBFC's, So is it possible to start with just 20lakh and if not then minimum how much rupees will I need to start. (can please anyone help me)

13 replies5 likes

Replies (13)

Prateek Upmanyu
•

Bank of Maharashtra • 1m

NBFC has way more money than your 20 lakh rupees. So what will you giving NBFC in return for their funds and license usage?

0 replies

MUGESH P

Stealth • 6m

Focus on does my idea will really work ? Among existing app who provide loan Am I bear to face loss Try first minimum viable product buisness and gain solid foundation and confidence to start these type of business model Entrepreneurship is not like some random strategy it's about calculative risk Dear Book must read Rework Almank of naval ravikant The psychology of persuasion The psychology of persuasion Solve rich people problem to became fast wealthy And leverage media in early 20s you are time billionaire so not affaird to take risk Remember your cham that you have courage to be entrepreneur

1 replies1 like

Nawal
•

SELF • 6m

You can build a great app in 2-3 lacs , rest is how well you can implement it

1 replies1 like

Jaswanth Jegan

Stealth • 6m

20 lakhs is more than enough to start

1 replies1 like

MUGESH P

Stealth • 6m

[This post has been deleted by the creator]

1 replies1 like

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