Thursday, 11 December, 2025
P2P Lender LenDenClub Parent Announces IPO Plans
Vartis Platforms, the parent company of India's largest peer-to-peer (P2P) lending marketplace, LenDenClub, is preparing for an Initial Public Offering (IPO) within the next 18 to 36 months, according to CEO Bhavin Patel. The move would mark a major milestone for the P2P lending sector, which is currently focused on meeting new Reserve Bank of India (RBI) regulations and restructuring accounting practices to align with listed entities.
Read full story at Economic Times