Aditya Damani, Founder of Credit Fair

A brainchild of angel investor Aditya Damani, Credit Fair is a B2B2C Fintech lending startup.

CreditFair offers lending solutions to both businesses and private individuals at 0% or low cost, unsecured loan options even at the point of sale. It facilitates niche segments such as home furniture buying alongside conventional lending products. The average ticket size ranges from USD150-25,000 and tenure from 3 months to 3 years. CRedit Fair offers loans in Electronic Vehicles, Education, patience financing,( elective treatment ). They have recently raised $15mil from two angel investors, aiming to expand their operations in smaller cities as well as enhance the technicality for better and robust processing. They have been able to manage to keep their NPA below 1.5% last year due to their strict due diligence and process. In July this year, Credit Fair has raised seed funding of $15 million from seasoned Angel investors Anand Ladsariya and Alok Agarwal, who have previously backed start-ups including Oyo, Ola, Myntra, Healthkart, Wow Momo, Uniphore and 1mg.

About Aditya Damani - Aditya Damani is the founder of India's emerging 360o lending platform Credit Fair and one of the directors of KM Global Finance Services Pvt. Ltd., exclusively leading its angel portfolio domain. Considered as an astute young mind of India's thriving start-up-focused investment sector, Aditya already has prominent start-ups such as Fynd (acquired by Reliance Industries Limited) and Zoomcar (Backed by Mahindra, Ford, and Sequoia) in his rapidly growing portfolio. ( https://www.linkedin.com/in/adityadamani/)

Aditya started his career as a summer intern in Credit Suisse in New York, later he went to join POIMCO as an sr account associate and serviced institutional clients with over $20b in assets invested across bonds, equities, emerging markets, hedge funds, distressed funds, currencies, and commodities. He has extensive experience in investment research, launching ventures, and building teams. He enjoys identifying investment opportunities and supporting entrepreneurs in their growth plans. Previously he has advised hyper-growth ventures in UK and India as an investment banker across B2B, data analytics, payments, and banking sectors.

He has a holistic view of the investment and business worlds gained from managing a small-cap portfolio for a family office and nurturing client relationships at PIMCO. He went to working for some noteworthy international clients like TrasferWise, Tandem and Oakham Ltd and so on. Working with international clients and understanding the business of FinTech, at the same time India just had just opened up to the concept of Fintechs. As a natural progression, he decided to come back and join his family business with K M Global Financial Services Pvt Ltd and later on founded Credit Fair, aiming to offer products that will make difference to the customers.

Hosted on Acast. See acast.com/privacy for more information.