Lentra, co-founded by Sunil Pandurang Dalal, Dasharathi Venkatesh, Ankur Handa, and Rangarajan Vasudevan, is a fast-growing digital lending cloud platform helping banks and NBFCs automate and scale their lending processes efficiently. Established in 2018, Lentra offers an end-to-end SaaS-based infrastructure enabling faster customer onboarding, advanced risk assessment, and rapid loan disbursal. By integrating robust compliance, data security, and AI-driven credit decisioning, Lentra empowers financial institutions to launch and scale digital lending products quickly. Its solutions drive operational efficiency, improve turnaround times, and support expansion into new markets, positioning Lentra as a key innovator in the fintech ecosystem.
| Metric | Detail |
|---|---|
| Founding Year | 2018 |
| Revenue FY22 | ₹50 Cr |
| Revenue FY23 | ₹110 Cr |
| Revenue FY24 | ₹200 Cr (proj.) |
| Net Profit FY24 | ₹30 Cr |
| Total Employees | 750 |
| Round | Date | Amount Raised | Valuation | Investors |
|---|---|---|---|---|
| Series A | 2021 | $10M | - | BVP, SIG |
| Series B | 2022 | $60M | ~$400M | BVP, Citi Ventures |
Lentra’s revenue grew from ₹50 Cr in FY22 to a projected ₹200 Cr in FY24, with net profit moving from a ₹20 Cr loss to ₹30 Cr profit. This shift highlights strong market acceptance and operational scalability of its lending solutions.
Expenses grew from ₹70 Cr to ₹170 Cr as Lentra expanded operations and invested in technology, yet margins improved as revenues scaled faster than costs, signaling strong financial discipline.
Lentra’s team grew from 300 in FY22 to 750 in FY24, demonstrating focus on innovation, product development, and expanding client service capabilities.
Lentra raised $60M in 2022 to accelerate its product innovation and international expansion strategy, reinforcing its leadership in the digital lending technology segment.
| Metric | Detail |
|---|---|
| Revenue Growth | ₹50 Cr → ₹110 Cr → ₹200 Cr |
| Profitability | Loss to ₹30 Cr profit |
| Employee Growth | +450 employees since FY22 |
| Market Expansion | Global and domestic push |
Lentra’s solid financial trajectory, strong technological foundation, and rapid profitability improvement highlight its leadership in digital lending. With robust expansion plans and market confidence, Lentra is well-positioned for long-term growth and a potential IPO. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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