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Avail Finance
Information by Research TrustFinance
Founded in 2017 by Ankush Aggarwal and Tushar Mehndiratta, Avail Finance aimed to provide financial inclusion for India's underserved blue-collar segment. The company offered a suite of products including personal loans, salary advances, and savings accounts, accessible through a mobile app. Its mission was to build a comprehensive financial platform for this demographic, which often lacks access to traditional credit and banking services. In March 2022, Avail Finance was acquired by Ola Financial Services, the financial arm of the ride-hailing giant Ola, to strengthen its lending and credit-focused services for a broader customer base. The services of Avail are now being integrated into the Ola Money and Ola Cabs ecosystem.
India
Industry
Financial