LenDenClub parent Vartis Platforms highlights AI and P2P lending in India’s credit market
Vartis Platforms, the parent of LenDenClub, says India’s next credit phase will depend on better borrower understanding, fraud detection and AI-led underwriting. The article cites LenDenClub’s more than ₹22,000 crore in loans over 11 years and notes the P2P framework introduced in 2017, with clarifications in August 2024. It also frames P2P lending as a complement to banks and NBFCs.