KreditVenture Launches to Bridge MSME Credit Gap in India’s Growth Markets

A new secured lending platform, KreditVenture, has been launched by financial sector veterans Saif Hasan, Jaspreet Singh, and Prajit Chandrasekhar to address the persistent credit gap faced by India’s micro, small, and medium enterprises (MSMEs), especially in tier 2 and tier 3 cities.

The company began operations earlier this year, entering the Loan Against Property (LAP) segment as its first product offering. With India’s LAP market estimated between $67–84 billion, a significant section of small businesses continues to remain underserved. KreditVenture aims to unlock this potential by blending digital underwriting with strong local engagement, ensuring MSMEs gain timely and reliable access to secured credit.

Looking ahead, KreditVenture plans to expand beyond LAP into used commercial vehicle financing, reflecting its long-term ambition to build a responsible, scalable lending institution anchored in disciplined credit practices.

“Our goal is to create a trusted platform for secured lending across Bharat. We are committed to prudent, scalable growth, beginning with LAP and then moving into adjacent products. The next wave of secured lending will be led by early movers who integrate partners digitally across the value chain,” said Saif Hasan, Founder of KreditVenture.

Currently, KreditVenture operates in nearly ten towns across Maharashtra and has laid out an ambitious roadmap to expand to fifty locations within a year, with targeted entry into southern and northern markets.

Jaspreet Singh, Co-Founder, emphasized the opportunity in semi-urban and rural India: “Entrepreneurs outside metros have tremendous potential but limited access to credit. By combining data-driven underwriting with on-ground validation, we are bridging this gap. Our digital platform streamlines manual processes, improves sourcing, and enhances efficiency for micro businesses and partners alike.”

KreditVenture’s model differentiates itself by integrating technology with deep local insights. Its underwriting process leverages digitized land and income records, while also validating household income streams from small retail shops and tailoring to seasonal occupations through community references. This hybrid approach reduces information asymmetry and extends formal credit access to those often excluded from traditional financing systems.

Prajit Chandrasekhar, Founding Partner, highlighted the company’s focus on transparency and resilience: “Secured lending provides a responsible pathway to growth. By integrating real market data with digital records and ground validation, we can tackle challenges like limited income proof and low financial literacy in rural areas, while managing risk more effectively.”

The founding trio brings over six decades of combined experience in banking, financial services, fintech, and risk management. Their collective expertise positions KreditVenture as a strong new entrant in India’s secured lending landscape, at a time when MSMEs are increasingly seeking formal credit channels to support growth and resilience.