Vaibhav Vyapaar Limited
Vaibhav Vyapaar is a tech-enabled NBFC offering unsecured personal loans to salaried and self-employed individuals through its digital LoanFront platform, operating on both direct and co-lending models.
Overview
About the Company
Vaibhav Vyapaar Limited is a Non-Banking Financial Company (NBFC) incorporated in February 2009, registered with the Reserve Bank of India. The company specializes in providing unsecured personal loans to salaried and self-employed individuals through its fully digital lending platform branded as LoanFront. The mobile application enables end-to-end loan processing including origination, verification, underwriting, documentation, disbursement and repayment. The company operates through two primary channels: direct lending and co-lending arrangements with other NBFCs. Additionally, it monetizes its technological capabilities by offering application and technology services to other financial institutions. The target market includes first-time borrowers and lower-income salaried professionals across urban and semi-urban India. The company was acquired by CapFront Technologies Private Limited in October 2019, which accelerated its digital transformation. As of July 31, 2026, the company reported Assets Under Management of ₹812.41 crore, net worth of ₹471.96 crore, and a debt-to-equity ratio of 0.80. The technology stack supports paperless customer onboarding, digital verification, automated credit decisioning, and risk evaluation.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Augment the capital base of the company - ₹32 crore
- › General corporate purposes - ₹8.54 crore
✅ Strengths
- ✓ Technology-driven digital lending platform with proprietary in-house capabilities
- ✓ Focus on underserved and first-time borrowers with deep customer insights
- ✓ Diversified lending model through direct lending and co-lending arrangements
- ✓ Disciplined automated underwriting framework and robust risk management
- ✓ Seamless paperless customer onboarding and scalable digital operations
- ✓ Experienced management team with expertise in digital lending and financial services
⚠️ Risks
- ! Business profitability highly exposed to interest rate volatility
- ! Significant AUM concentration in specific Indian states and regions
- ! High credit risk profile associated with unsecured personal loan borrowers
- ! Heavy reliance on third-party software vendors for critical digital infrastructure
- ! Operations vulnerable to disruptions in digital payment systems