Passionate about Pos... • 7m
Wedding Loans: Matrimony's Genius Move 💍💸 Matrimony.com just launched WeddingLoan.com, offering loans from ₹1L-₹1Cr with EMIs up to 30 years! This bold step dives into India’s $130B wedding industry—the 2nd largest after food & grocery. Why this is a game-changer: 1️⃣ Big fat Indian weddings are evolving: multi-day celebrations, destination venues, and Insta-worthy moments. 2️⃣ Young Indians prioritize weddings over most expenses. Fun fact: 20% of 20-30-year-olds' loan applications are for weddings—more than travel or business! 3️⃣ High margins: Wedding loans have interest rates of up to 36%—a win for lenders. 4️⃣ Huge ticket size: Avg. wedding loan is ₹4.13L—higher than loans for medical, household, or business needs. Matrimony isn’t just offering loans—it’s solving a real cultural need. Weddings in India are life events, and this fintech pivot feels like a masterstroke. 💭 Thoughts? Why hasn’t the wedding space seen more startup action? Let’s discuss! 👇
Head of Finance @ Th... • 1y
India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t
See MoreBuilding WelBe| Entr... • 4m
Yenmo Raises ₹9.2 Crore to Expand Instant Loan Services Yenmo, a Bengaluru-based startup, has raised ₹9.2 crore in funding, led by Y Combinator with support from Pioneer Fund, Zaka VC, and other investors. What Does Yenmo Do? Yenmo offers instant lo
See MoreFounder of stockkhat... • 1y
Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:
See MoreHey I am on Medial • 5m
💭 What’s Your Take on Bridging Indian Weddings and Cultural Tourism? 🇮🇳✨ Indian weddings are more than just events—they’re a celebration of traditions, culture, and family bonds 🎉. But here’s a thought: What if we could open our grand celebration
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