RangDe

Rang De

IndustryPersonal finance
Founded2008
FoundersSmita Ramakrishna, Ramakrishna NK
HeadquartersBengaluru, India
ProductsPeer-to-peer lending
Websiterangde.in
  • Rang De is India's first peer-to-peer online micro-lending platform.
  • It connects individual social investors to a community of curated entrepreneurs and students from low-income households across the country, enabling them to invest in the livelihoods and education needs of this community.
  • Smita Ramakrishna and Ramakrishna NK founded Rang De in 2008 as a not-for-profit organisation to serve the credit needs of the under-served communities and low income households.
  • Rang De connect social investors with under-served communities of borrowers, enabling the low income households to get financial help.
  • Social investors can begin by lending as low as INR 100 through the Rang De platform.
  • It partners with non-governmental organisations and micro-lending institutions to screen borrowers at the grassroots level.
  • The platform keeps track of disbursements and returns, which the investor can withdraw or reinvest.

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