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VC Funds May “Lend” Money To Apnaloan.com

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Indian finance lead generation company Apnaloan.com seems to be close to getting VC funding. The Economic Times reports that Sequoia Capital India may be investing in Apnaloan.com. Apnaloan’s founder Harsh Vardhan Roongta told the paper that he had been in talks with venture funds including Canaan Partners.
Apnaloan is a web 1.0 venture which has tied up with banks and credit card companies for generating leads for them.
There is another company in this space Deal4loans.com. This website generates leads and makes the banks and credit card companies compete for the lead.

Dec 18, 2006 9:51 PM ET

Posted In: Money, M&A & Venture Capital, Venture Capital

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