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Yenmo

Active

Secured consumer lending in India

W24·Winter 2024·Fintech·Bengaluru, KA, India·Team of 5

About

Yenmo offers a better way to access cash for India’s 65 million investors who either resort to personal loans at over 18% interest or have to liquidate their investments when in need of money. With Yenmo, they can pledge their investments digitally and instantly get a loan at a fixed 10.5% interest rate. Our Insight - In India, over 30% of personal loan borrowers have active investments and are paying double the interest rate they qualify for with us.

Founders

  • Ashutosh Purohit· Founder

    Passionate about providing the best financial solutions for Indians! At Navi, I led the creation and growth of their Mutual fund arm, going from 0 to $625M AUM in a year. Previously, at Swiggy, I spearheaded expansion from 30 to 500 cities in 1.5 years.

  • Aryan Agarwal· Founder

    Finance and Tech enthusiast working towards empowering Indians with new and innovative credit solutions. Worked at Browserstack for 2 Years before starting a Capital Management Company based out of India with over $2 million AUM.

Product launches · 1 launch

Change history · 9 recorded

  1. July 12, 2026
    • Launches refreshed08:01 PM
    • YC partner updated08:01 PM
    • Founder profile updated08:01 PM
  2. June 28, 2026
    • Founder profile updated08:01 PM
    • YC partner updated08:01 PM
    • Launches refreshed08:01 PM
  3. June 14, 2026
    • YC partner updated08:00 PM
    • Launches refreshed08:00 PM
    • Founder profile updated08:00 PM