Perfect Money
- Company typePrivate
- Founded-
- HeadquartersLucknow, India
- Headcount11–50
- GTM typeB2C
- OfferingServices
Perfect Money firmographics
Firmographics- Name
- Perfect Money
- Legal name
- Achintya Management Pvt. Ltd.
- Website
- https://perfectmoney.co.in
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Perfect Money industry classification
Industry- Product category
- Loan and Insurance Distribution
- NAICS
- Activities Related to Credit Intermediation (5223), Nondepository Credit Intermediation (5222)
- SIC
- Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH)
- akta.pro secondary industry
- Large Purchase & Lifestyle Personal Loans (Unsecured Installment) (FSAKAAAG)
Keywords
Where Perfect Money is headquartered
LocationHeadquarters
- HQ city
- Lucknow
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Perfect Money business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Loan Distribution Commission: The company earns referral fees and commissions from banks and NBFCs for originating and distributing loan and insurance products. Services are provided free of charge to customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Monthly | Personal Loan - Interest rate starting at 10.49% with tenure up to 6 years |
| Usage-based | Monthly | Flexi Loan (Overdraft) - Interest rate starting at 14% |
| Usage-based | Monthly | Business Loan - Interest rate starting at 14.99% with tenure up to 6 years |
| Usage-based | Monthly | Car Loan - Interest rate starting at 8.49% with tenure up to 7 years |
| Usage-based | Monthly | Home Loan - Interest rate starting at 7.89% with tenure up to 35 years |
| Usage-based | Monthly | Loan Against Property - Interest rate starting at 9.49% with tenure up to 35 years |
| Usage-based | Monthly | Used Car Loan - Interest rate starting at 14% with tenure up to 5 years |
| Subscription | Monthly | Health Insurance - Starting at Rs. 99/month/lac |
| Subscription | Monthly | Life Insurance - Starting at Rs. 49/month/lac for 1 crore cover |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Perfect Money product offering
Product offeringCore offering
Perfect Money is a digital loan and insurance distribution platform operated by Achintya Finserv (an initiative of Achintya Management Pvt. Ltd.) that aggregates financial products from 50+ banks and NBFCs in India. It offers personal loans, business loans, home loans, car loans, used car loans, loans against property, flexi overdrafts, credit cards, and health and life insurance products, supported by free doorstep service from 500+ relationship executives across 200+ cities. Services to end customers are provided free of charge, with revenue earned from referral commissions paid by lender partners.
Product overview
Perfect Money (operated by Achintya Finserv, an initiative of Achintya Management Pvt. Ltd.) is a loan and insurance distribution platform that aggregates financial products from multiple banks and NBFCs. The platform offers a portfolio of 10 distinct financial products including Personal Loans, Flexi Loans (Overdraft), Business Loans, Car Loans, Home Loans, Used Car Loans, Loans Against Property, Credit Cards, Health Insurance, and Life Insurance. Customers can compare offerings from 50+ banking and NBFC partners, apply online with simplified documentation, and receive doorstep service delivery. The platform acts as a digital intermediary facilitating loan disbursements and insurance purchases with claims of processing times as quick as 48 hours to 7 working days.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Loan
Quantifiable outcome
- Loans disbursed within 48 hours for personal loans
- +2 more outcomes
Companies that use Perfect Money
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Perfect Money technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Perfect Money partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- 50+ Banks and NBFCscorePartnership network of 50+ banks and non-banking financial companies for distributing loan and insurance products including personal loans, home loans, car loans, business loans, and insurance products.
- 70+ Financing Partnerscore70+ financing partners including banks and financial institutions that enable affordable loans to be accessible to every individual in India.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Perfect Money competitors and assessment
Company assessmentDirect peers
- Paisabazaar: India's largest online financial product comparison and loan-aggregation marketplace, distributing personal, home, business and credit-card products from banks and NBFCs. Directly comparable to Perfect Money as a multi-product loan/credit-card aggregator serving Indian consumers.
- BankBazaar: Online marketplace that aggregates loans, credit cards, and insurance products from banks and insurers in India. Same aggregator business model and product set as Perfect Money, with a stronger digital brand.
- Wishfin: Indian online financial product marketplace offering personal loans, business loans, home loans, credit cards, and insurance from multiple lenders. Closely mirrors Perfect Money's multi-product aggregator proposition with a digital-first GTM.
- IndiaLends: Indian digital lending marketplace and credit-improvement platform distributing personal loans and credit cards from multiple lending partners. A directly comparable digital-first loan aggregator to Perfect Money.
- MyLoanCare: Indian loan-aggregation and comparison platform focused on personal, home, and business loans with bank/NBFC partnerships. A direct aggregator competitor serving similar customer segments as Perfect Money.
- CreditMantri: Credit-health and loan-aggregation platform in India that helps consumers improve credit profiles and access loans, credit cards, and other credit products. Comparable in lending intermediation and target segment (salaried and self-employed Indian consumers).
Emerging players
- MoneyTap: App-based credit line and personal loan provider in India operating a hybrid model of lending and aggregation. Comparable customer segment and product set, but with its own credit product rather than purely intermediation.
- InsuranceDekho: Indian insurance aggregator (auto, health, life) that has been expanding into lending and credit products. Comparable as a multi-product financial distributor with an emerging insurance-led proposition that overlaps with Perfect Money's health/life insurance offering.
Broad incumbents
- PolicyBazaar: Largest Indian insurance and loan comparison platform owned by PB Fintech. Overlaps with Perfect Money in insurance (health, life) and increasingly in lending distribution, but operates at much larger scale and as a listed entity.
- Dhani (IndusInd Bay Capital): Large Indian digital lending and financial services platform offering personal loans, credit lines, and insurance via its own NBFC and partners. Represents the scaled, vertically-integrated competitor that traditional aggregators like Perfect Money are vulnerable to.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Perfect Money social profiles
Digital presencePerfect Money financial estimates
Financial estimateRevenue estimate
Valuation estimate
Perfect Money leadership team
Management profileNumber of profiles
Perfect Money funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Perfect Money M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Perfect Money
What does Perfect Money do?
Perfect Money is a digital loan and insurance distribution platform operated by Achintya Finserv (an initiative of Achintya Management Pvt. Ltd.) that aggregates financial products from 50+ banks and NBFCs in India. It offers personal loans, business loans, home loans, car loans, used car loans, loans against property, flexi overdrafts, credit cards, and health and life insurance products, supported by free doorstep service from 500+ relationship executives across 200+ cities. Services to end customers are provided free of charge, with revenue earned from referral commissions paid by lender partners.
Is Perfect Money a public or private company?
Perfect Money is a private company. It is classified as corporate owned and is currently operating.
When was Perfect Money founded?
Perfect Money was founded in -1. It employs 11 to 50 people.
Where is Perfect Money based?
Perfect Money is headquartered in Lucknow, India, in the Asia region.
How does Perfect Money make money?
One revenue line is on record: loan Distribution Commission.
Who are Perfect Money's main competitors?
Direct peers on record are Paisabazaar, BankBazaar, Wishfin, IndiaLends, MyLoanCare and CreditMantri. Emerging players are MoneyTap and InsuranceDekho. Broad incumbents are PolicyBazaar and Dhani (IndusInd Bay Capital).
Does Perfect Money have an API?
No public API is recorded for Perfect Money.
What industry is Perfect Money in?
Perfect Money's product category is Loan and Insurance Distribution. Its primary akta.pro industry code is FSAEAEAH, Hard Money & Private Mortgage Lending Intermediation, with a secondary code of FSAKAAAG, Large Purchase & Lifestyle Personal Loans (Unsecured Installment). Its NAICS code is 5223 and its SIC code is 6163.