FlexiLoans has crossed ₹3,000 crore in assets under management, marking significant growth in its digital lending platform for small enterprises across India, with a focus on regional expansion and inclusivity.
FlexiLoans has said it has crossed ₹3,000 crore in assets under management, marking another step in the expansion of its digital lending business to small enterprises across India. The company said it has now served more than 70,000 MSMEs in more than 11,000 pin codes and towns, with 62% of borrowers coming from Tier 2, Tier 3 and Tier 4 locations.
The milestone adds to a rapid build-out that has already taken the lender past ₹10,000 crore in cumulative loan disbursements, according to recent reports in CNBC-TV18 and Moneycontrol. Those reports said the platform has financed more than 1.7 lakh loans and kept most of its reach outside the biggest cities, underscoring the depth of demand for formal credit among smaller businesses.
FlexiLoans said nearly 2 crore loan applications have been processed since launch and that it has worked with more than 100 active lending partners. The company also said women entrepreneurs account for more than 11% of its active borrowers, while first-time business loan customers make up a significant share of its book. Fresh applications continue to outnumber top-up loans by roughly 70:30, and loans above ₹1 lakh account for most disbursements.
The company’s exposure is concentrated in sectors and states that reflect the broader shape of MSME lending in India. Ready-made garments emerged as the largest industry by loan count, while Maharashtra was the top state by both number and value of loans disbursed. That fits a wider trend identified by CareEdge Ratings, which said NBFCs are among the fastest-growing channels in MSME credit and that the industry-wide AUM pool could rise sharply by FY26.
FlexiLoans co-founder Ritesh Jain said the achievement reflected the scale of the credit gap facing smaller firms and the growing use of digital lending tools. The company said its underwriting relies on cash-flow analysis, alternative data and proprietary risk models, with approvals typically delivered within 24 to 48 hours. It is now focused on strengthening its embedded finance network, expanding distribution partnerships and adding products for MSMEs as it seeks to deepen its role in the small-business economy.
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