Liquiloans (NDX P2P Private Limited) is a Peer to Peer Lending platform founded by Achal Mittal and Gautam Adukia who have previously co-founded a successful rental platform ‘Rentomojo’. The company uses technology to match borrowers and lenders and in the process eliminates the margin which is charged by traditional banks and NBFCs, thus, making borrowing cheaper and investing a more lucrative opportunity as compared to traditional investment avenues.
The company is funded by Matrix Partners, which has invested in some of the marquee companies like OlaCabs, Practo, Quikr and Cloud Nine.
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