Loanzen is a venture focused on the micro entrepreneurs who are looking to acquire a commercial vehicle for their captive transportation or logistics business.
As an organization, our goal is to enable entrepreneurs by providing the seed capital to create economic opportunities and livelihoods.
Having started lending operations in February of 2018, the company is currently operating in Karnataka state with presence across Bengaluru, Hubli, Mysore and Davanagere.
The opportunity in enabling the small logistics players is significant with the country witnessing an explosion in logistics growth due to rapid economic growth, GST creating a single market, rapid urbanization driving last mile delivery and strong push to road building.
Our vision is to be the go-to
partner for micro-entrepreneurs
looking to own their first
Our mission is to build a
customer friendly lender that is
focused on simplicity and
honesty in promise & process
Loanzen is currently a dynamic team of 35 individuals across 4 locations.
The team is led by co-founders Venkatesh Sankararaman & Madhu Sudhan.
With a background in financial services and consulting across companies such as Mckinsey, Cypress Semiconductor, SunEdison and Standard Chartered Bank. Venkatesh has degrees from IIM B, IIT M and Ohio State University.
With a background in financial services across companies such as KPMG, Lazard, Capital18 and Pragati India Fund, Madhu Sudhan did his MBA from IIM Bangalore.