Investors
Fifty balance sheets hold 92% of India’s ₹18 lakh crore micro-enterprise credit market. None of them can profitably serve the ticket below ₹8 lakh by hand. FriendLoan is the intelligence layer that runs inside those balance sheets — sourcing, underwriting and collecting the loans they cannot reach — proven first on a regulated book of our own.
The thesis in three moves
Micro-enterprise credit grew 37.6% in 21 months while the borrower count fell 6.3%. Growth went into bigger cheques for fewer businesses. The unserved layer beneath ₹8 lakh is the largest retail credit white space in India — and the only segment with a sovereign guarantee scheme sitting beneath it.
Four AI agents replace the branch, the relationship manager, the credit memo and the doorstep collector — trained on 26,900+ funded loans and their daily repayment histories. That ground truth is not purchasable.
Lenders multiply; the intelligence layer doesn’t have to. FriendLoan earns platform fees for running the stack inside partner books, while its regulated subsidiary compounds on its own — two ledgers, valued separately.
Group structure
FriendLoan Technologies Private Limited The AI company. Owns every agent, model and data asset; acts as a lending service provider and technology partner to regulated entities.
Sampathi Credits Private Limited The wholly-owned, RBI-registered NBFC. The regulated balance sheet where every product and agent is proven first, and where all recourse economics live. It is institutionally funded in its own right, with debt relationships across AU Small Finance Bank, InCred Finance, Northern Arc and MAS Financial Services.
Governance
Compliance reports to the Chief Operating Officer, independent of growth targets. Every rail sits inside the RBI’s digital-lending, co-lending and default-loss guarantee directions; external counsel’s opinion on the structure sits in the data room.
Request the Information Memorandum
Financials, cohort curves, unit economics, the trajectory model and the raise. Requests reach the founders and our advisors directly; we reply within two working days.
Prefer email? investors@friendloan.in
Leadership
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 Capital