Categories: News

Preminen India, Operating Under Brand Name GoSahi.com, Planning to Raise Capital in the Next 10-12 Months

Gurugram, India, April 23, 2020 –(PR.com)– Gurugram based Preminen Price Comparison India Pvt. Ltd. which launched GoSahi.com, its maiden portal in the Indian marketplace during mid-2019, is looking to raise capital within the next 9-12 months, in an effort to fuel future growth.

The GoSahi.com platform serves as a matchmaker between the credit seekers and lenders in the Indian marketplace. At GoSahi.com, we believe in the philosophy of “phygital” which gives freedom to the customer to search and close the process digitally or have the option to search digitally and close the process physically.

Regardless of being a fairly new entrant in the Indian Fintech industry, GoSahi.com has made huge inroads into it, in no time. The platform has already disbursed over ₹ 10 cr. of personal loans and is growing at a 2x pace each month.

In a statement released by the CEO of the company, Gaurav Kumar, he said, “We launched the business a few months back and in such a short period of time & with limited advertising, we realized that there is a huge demand and tremendous potential in the market. Starting with Delhi NCR region we have now expanded to other metros such as Hyderabad & Bangalore.”

Talking a bit more about the company’s USPs, Mr. Kumar emphasized in his statement, “No unwanted calls, no data selling, personalized advisory till loan closure and faster loan disbursals are the key principles we have built this company on. We have been working hard to develop our AI platform which focuses on understanding the demand (customer requirements) and matches it with the supply (lenders) side of the business. The key is not to bombard the customer with 20 quotes/options to select from, rather share 3 to 5 options best suited for the customer’s requirements.”

The business is backed by Preminen Price Comparison Holdings Ltd., an Admiral Group PLC and MAPFRE S.A. joint venture to expand the price comparison marketplace model internationally. Both these organizations are among the top insurers worldwide and have a presence spanning across 47 countries.

The raised capital will be utilized for enhancing GoSahi.com’s AI and machine learning technologies. Furthermore, they will focus on developing technology driven customer support, scaling of technical infrastructure and expanding their marketing operations.

The company is planning to expand its reach to 10-15 more Indian cities, including a couple of Tier 2 cities over the next 3 to 6 months.

Let’s block ads! (Why?)

Miscw.com

Recent Posts

eftPay participates in Retail Asia Expo, Comprehensively expanding services in e-payment and smart mobility

To help Hong Kong move towards a Smart City HONG KONG SAR - Media OutReach…

2 hours ago

CITECH Announces MOU with WiSA Technologies to Integrate WiSA E into its HiFi ROSE Line of Media Streamers

CITECH showcases WiSA E receiver module at HIGH END audio show In Munich, May 9-12,…

2 hours ago

Options and oneZero Announce Strategic Partnership to Boost Multi-Asset Enterprise Trading Technology Solutions

LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Technology, a trailblazer in capital markets infrastructure,…

3 hours ago

Mitsubishi Electric Announces Dividend for Fiscal 2024 (April 1, 2023 – March 31, 2024) and Dividend Forecast for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024)

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that the Board of Directors has resolved to…

3 hours ago

Mitsubishi Electric Announces Cancellation of Treasury Stock

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its cancellation of treasury stock pursuant to the…

3 hours ago