Vartis Platforms launches UdhaarSaathi for small business loans
In short
Vartis Platforms, the parent of LenDenClub, has launched UdhaarSaathi, a digital loan marketplace for small businesses.
This matters because it expands the company’s lending business, but the report does not say how big the platform will be or who its lending partners are.
What the reporting says
Vartis Platforms, parent of P2P lending startup LenDenClub, launched UdhaarSaathi, a digital loan marketplace for small businesses, according to an Inc42 summary. The report says the product expands the company’s lending offering, but it does not state lending volume, partners, or launch timing beyond the announcement. It also does not say how the marketplace will be funded or regulated.
Why it matters
Vartis Platforms, the parent company of P2P lending startup LenDenClub, launched UdhaarSaathi, a digital loan marketplace for small businesses. The move expands the company’s lending products into a new marketplace model. The available reporting does not give launch details, loan amounts, partner names, or any regulatory update.