Anand Chandrasekaran, who quit as the Chief Product Officer at Snapdeal a month ago, has announced investments in six startups — Truce, MagicX, Lucideus, LoanCircle, Lernr and Rupeek — and plans to invest in three to five more companies this year. Chandrasekaran has become an active angel investo…
Tag: LoanCircle
RBI to regulate the peer-to-peer (P2P) lending business
The RBI’s move to regulate the peer-to-peer (P2P) lending business has evoked good response with most participants saying that it could provide greater confidence to lenders and borrowers, as also to venture capitalists. The space has some 35 startups now and more than 20 of them were found…