Opportunity
India's debt market is estimated to be $2.15 Trillion in size.
Three quarters of this market consists of government issued bonds while the rest comes from private issuers. This market has grown by over 70% in the last 5 years, indicating rapidly growing investor interest in the segment.
With strong regulatory oversight by the Reserve Bank of India and Securities Exchange Board of India, the segment is also witnessing the development of new products aligned with the objectives of different investor types. This is supported by the country’s strong growth and stability.
On the other hand, access to credit or debt is still expensive and challenging for most Indians, especially small businesses. Closing this credit gap is imperative for our economic growth and prosperity, this is also EquiRize's motivation. The cost of not closing this credit gap is huge for our economy. To understand the size of this gap, we can simply compare domestic credit extended to the private sector as % of the GDP for India and China (FY21):
- China: 177%
- India: 50%
One reason for this gap is systemic inefficiencies in the credit value chain. Our technology stack disintermediates middlemen in the credit value chain while implementing the industry's strongest risk management practices. With this we enable investors to earn potentially higher yields while unlocking capital for the country's most important assets .
Team
Mohit Gupta
Mohit is a fintech leader and has built wealth management, field data, lending platforms and led large tech teams over the last 16 years. He has designed and developed several global tech products that cater to billions in transactions everyday with users ranging from large financial services organisations to independent wealth managers to field data operators.
Imran Khan
Imran has over two decades of experience across various verticals of the financials markets having worked across broking, debt products and wealth management. His previous stints included working with Asit C. Mehta, ICICI Securities amongst others.
Neha Juneja
Neha is a 2x entrepreneur having previously co-founded & scaled Greenway - India’s largest clean cooking and climate action enterprise with operations across South Asia and sub-Saharan Africa where she developed multiple credit partnerships focused on women as borrowers. Her work has been featured across the covers of Forbes, Businessworld etc. She is an Echoing Green fellow.