LenDenClub parent Vartis Platforms plans IPO: CEO Bhavin Patel

• Vartis Platforms, parent company of LenDenClub, plans an IPO within 18-36 months.
• The company aims to be the first P2P lender listed on Indian stock markets.
• Pre-IPO targets include achieving over 1 billion rupees in annual profit and adopting industry-standard accounting practices.
• Vartis Platforms reported FY25 revenue of 2.4 billion rupees and profit of 340 million rupees.
• The company also operates InstaMoney, a loan marketplace.

Why It Matters: Vartis Platforms (LenDenClub parent) IPO: A milestone for India's P2P lending.