Yenmo

Yenmo

Secured consumer lending in India

Bengaluru, India
5 employees
Fintech
Series A · $2.1M

About Yenmo

Yenmo offers a better way to access cash for India’s 65 million investors who either resort to personal loans at over 18% interest or have to liquidate their investments when in need of money. With Yenmo, they can pledge their investments digitally and instantly get a loan at a fixed 10.5% interest rate.

Our Insight - In India, over 30% of personal loan borrowers have active investments and are paying double the interest rate they qualify for with us.

Company details

Team Size5
LocationBengaluru, India
IndustryFintech

Funding

Total raised

$2.1M

Last stage

Series A

Investors

Y Combinator
Pioneer Fund
ZAKA VC
TTeam Ignite Ventures

Founders

AA

Aryan Agarwal

Finance and Tech enthusiast working towards empowering Indians with new and innovative credit solutions. Worked at Browserstack for 2 Years before starting a Capital Management Company based out of India with over $2 million AUM.

Ashutosh Purohit

Ashutosh Purohit

Co-Founder and CEO of Yenmo. Previously led the creation and growth of Navi's Mutual Fund arm, scaling it from 0 to $625M AUM in a year.

LinkedIn

What happens next.

No applications, no recruiter spam. Just the intro.

01

Confirm the fit

A few questions to make sure this role is the right shape for you. Two minutes.

02

I pitch you to the company

I write the intro, send it to the founder, and handle the back-and-forth.

03

A meeting lands on your calendar

If they’re a yes, I book the chat. You show up — that’s the whole job-hunt.