Parent · the AI company
FriendLoan Technologies
The AI company. Owns every agent, model and data asset; acts as a lending service provider and technology partner to regulated entities.
Company
Find the unfindable.
Make them fundable.
India has roughly 6.3 crore micro and small enterprises. Most have never borrowed from a formal lender — not because they are not creditworthy, but because no lender could afford to find them, assess them and collect from them one at a time. FriendLoan Technologies exists to make that arithmetic work, for every lender.
Our story
From a lending-ops company to a lending brain
FriendLoan began in 2017. Its founders had spent years building the software that other lenders ran on — loan origination, loan management, collections — and kept running into the same wall: the technology was never the constraint. The cost of a human being finding, assessing and chasing a ₹1.5 lakh loan was.
So the company did something unusual for a software business. It acquired a regulated balance sheet — Sampathi Credits Private Limited, an NBFC registered with the Reserve Bank of India — and started lending its own money to the smallest urban businesses in Tamil Nadu, at a ticket size the industry had written off.
That book is now the proof and the training data. 26,900+ loans funded, ₹254 Cr+ disbursed, 1.33% cumulative credit loss — and four AI agents trained on every one of those loans and their daily repayment histories. Those agents are what partner lenders now rent.
Group structure
100% subsidiary · RBI-registered NBFC
Sampathi Credits
The wholly-owned, RBI-registered NBFC. The regulated balance sheet where every product and agent is proven first, and where all recourse economics live.
From the founder
What running the book taught us that software alone could not
Vijayakumar V is writing one post a day for a hundred days on Indian lending — the line every lender stops at, why sourcing rather than capital is the binding constraint, what underwriting a salon actually requires, and what we built, including what broke. These are his words, from Day 1.
“Because the constraint everyone names is capital, and it almost never is. I was talking to the COO of a ₹10,000 crore NBFC recently. He has treasury headroom. What he does not have is the ten-thousand-and-first employee.”
“He is not running a lending business. He is running a recruitment business that also lends.”
Vijayakumar V, co-founder & CEO — Day 1 of 100, 15 September 2026
“A ₹2 lakh loan to a tea shop in Villivakkam costs roughly what a ₹20 lakh loan costs to source, underwrite and collect, and earns a tenth as much. Every credit committee in India has run that sum. Most of them ran it quietly and moved up the curve.”
Real numbers throughout, including the ones that don’t flatter us.
Leadership
Architects of autonomous credit
Vijayakumar VCo-founder & CEOIIT Bombay CS. Three-time founder. Built lending-ops infrastructure that powered 15+ NBFC platforms before FriendLoan; 18+ years in NBFC technology.
Ex-CEO, VoiceGear Networks
Pradeep E TCo-founder & CTOBuilt the entire stack in-house — LOS, LMS, iLCS and the four-agent AI layer — with a sub-25-person team. 10+ years shipping fintech products from scratch.
Ex-Apple · Ex-Capital One · Ex-Infosys
Kannan RChief Operating Officer37+ years in banking across operations, credit, risk, legal and distribution. Managed ₹1.3 lakh crore of AUM across 1,000+ branches. The compliance office reports to him.
Ex-IndusInd Bank · National Insurance · Government of India
Rajesh PChief Risk OfficerA career across retail credit and collections. Designed FriendLoan’s NPA framework; owns centralised credit and collections across 26,900+ loans.
Ex-ICICI Bank · Ex-GE CapitalInvestors
Backed since the beginning
- HNK Raghavan — Non-promoter investor
- V Raja — Non-promoter investor
Two entities, one group
The FinAI company, and the regulated book that proves it
Recourse lives where capital lives; fees live where technology lives. Nothing depends on regulatory arbitrage. The full regulatory architecture, data handling and controls are on the Trust & governance page.
Parent · the FinAI company
FriendLoan Technologies Private Limited
Owns every agent, model and data asset. Acts as lending service provider and technology partner to regulated entities. CIN U74999TN2017PTC114087. Registered and corporate office: Floor 12, Bascon Futura SV IT Park, No. 56-L, Venkatanarayana Road, T. Nagar, Chennai 600017.
Wholly-owned subsidiary · the lab
Sampathi Credits Private Limited
RBI-registered NBFC, CoR B-07.00555, CIN U52599TN1990PTC019948. The regulated balance sheet on which every product and agent is proven first — where we eat our own cooking before a partner rupee rides on it — and where all recourse economics live.
Equity investors
Backed since the beginning
HNK Raghavan — non-promoter investor. V Raja — non-promoter investor. Institutional equity is being raised: for prospective investors →
Join us
Build the thing that funds the unfundable
A small team in T. Nagar, Chennai. Engineers ship to production in days; everyone is close enough to the book to see the effect of their work in the numbers.