Dhruva Capital Services Launches NeoMoney Digital Lending Platform
Dhruva Capital Services Limited has launched NeoMoney, a next-generation digital lending platform designed to deliver instant, compliant, and scalable credit solutions throughout India. Powered by the company, the platform merges fintech innovation with a robust regulatory and operational structure.NeoMoney operates on an AI-driven infrastructure that facilitates intelligent underwriting, automated decision-making, and optimized processes, enhancing speed, accuracy, and the overall user experience for digital lending services.
Platform Functionality and Integration
The platform emphasizes a fully digital onboarding and approval process, supported by a scalable backend architecture and secure API integrations. Advanced KYC and risk assessment systems underpin its operational framework.For fund disbursement, NeoMoney utilizes RazorpayX, which ensures seamless fund flow and reconciliation via the Razorpay Payment Gateway for secure transactions. The company's banking partner for this service is IDFC First Bank, facilitating IMPS-based real-time disbursals with high reliability and compliance.
Product Details and Target Audience
The product offering details include a loan size range of INR 500 to INR 5,000, with tenures available for 30, 60, and 90 days, along with a further 90 days extension. The process is entirely digital and paperless, offering the benefit of a one-time approval for repeat usage, with a cumulative credit limit up to INR 50,000. Disbursements can be initiated with a one-tap process, allowing funds to be disbursed in seconds.NeoMoney targets specific segments, including students aged 18 to 30 years and salaried professionals aged 18 to 50 years.
Key benefits highlighted for users include instant loan access 24/7, zero processing fees, fast disbursement, flexible tenure options, secure data protection, and dedicated customer support.
Availability and Leadership
NeoMoney launched on April 15, 2026. Initially, the platform will be accessible on the Indus App Store and Google Play Store in the coming days. The iOS version is slated for a later release within the coming few months to broaden platform accessibility.Mr. Shreeram Bagla serves as the Founder & Director of the company. Dhruva Capital Services Limited aims to establish NeoMoney as a leading digital lending platform in India, providing instant, small-ticket credit solutions for emergencies anytime, anywhere, while driving financial inclusion through innovation, trust, and scalable technology.
Stock Price Movement
At the close of trading on Wednesday, Dhruva Capital Services Ltd settled at ₹274.95, finishing up 4.98%. Throughout the session, shares ranged notably, testing as low as ₹254.00 before climbing to a high of ₹274.95.Source:
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