What Mega Corporation does

MegaCorp Limited is a publicly listed Indian Non-Banking Financial Company incorporated in 1985 and headquartered in New Delhi, regulated by the Reserve Bank of India under CIN L65100DL1985PLC092375. The company operates a multi-brand digital lending architecture addressing three distinct borrower segments through dedicated sub-brands: Lendingo provides short-term salary-advance credit to working professionals via a mobile application; eFinance deploys institutional capital into sustainable assets spanning clean mobility, distributed energy, and circular-economy projects; and BizLend extends working-capital and expansion loans to MSMEs.

The business model is transaction-based: Lendingo earns yield on short-duration salary-linked advances with auto-deduction repayment; BizLend generates interest income on MSME term and working-capital loans; eFinance targets 14-15% returns for institutional investors, with structured first-loss default guarantee buffers and IoT-enabled asset monitoring providing risk mitigation. Cumulative disbursements across the platforms exceed ₹500 crore, and the eFinance vertical reports a sub-2% non-performing asset track record supported by AI-driven risk scoring and digital pre-approval workflows.

The go-to-market combines product-led, self-serve digital acquisition for retail segments (Lendingo mobile app on Google Play and App Store, BizLend web flows) with direct enterprise field sales for institutional capital deployment through eFinance. The company is in an active scale-up phase, with payroll-linked lending operational in Rajasthan and stated plans to extend multi-state, and operates an AI-and-IoT-enabled risk stack — though proprietary model details, data assets, and AI team depth are not disclosed.

Name

Mega Corporation

Legal name

MegaCorp Limited

Website

https://megacorpltd.com

Company type

Public

Founded year

1985

Operating status

Operating

Short description

MegaCorp Limited is a publicly listed Indian NBFC operating multi-brand digital lending platforms (Lendingo, eFinance, BizLend) serving salaried professionals, MSMEs, and institutional sustainable-asset investors across India.

Ownership category

akta.pro rank

Product category

Non-Banking Financial Services (Lending)

NAICS

Commercial Banking (522110), Commercial Banking (52211)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

akta.pro secondary industries

Microloans & Working Capital Loans (FSAKAGAA), Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM), Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Salary advance lending
• Sustainable asset finance
• MSME business loans
• Non-banking financial services
• Digital lending platform

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Salary-Based Advances (Lendingo): Short-term salary-linked loans disbursed to salaried professionals. Revenue generated through interest charged on advances, with repayment deducted directly from salary.
2. Sustainable Asset Finance (eFinance): Institutional capital deployment into sustainable assets including EV fleets, solar rooftops, battery lifecycle, and circular economy projects. Revenue generated through loan interest and deployment yields targeting 14-15% sustainable investor returns.
3. MSME Business Loans (BizLend): Working capital loans, unsecured business financing, expansion and inventory support for MSMEs. Revenue through interest income on business loans.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

MegaCorp Limited is a publicly listed RBI-licensed Non-Banking Financial Company that operates three focused digital lending platforms: Lendingo delivers salary-linked advances to working professionals via a mobile app; eFinance provides structured sustainable asset finance to green projects and institutional investors; and BizLend extends working capital and expansion loans to MSMEs. Cumulative loan disbursements exceed 500 crore INR across the platforms.

Product overview

MegaCorp operates a multi-brand lending platform architecture comprising three distinct core products: Lendingo provides salary-based advances for salaried professionals via a mobile app; eFinance offers sustainable asset finance targeting clean mobility, distributed energy, and circular economy projects; and BizLend delivers MSME-focused working capital and business expansion loans. The products are positioned as focused, segment-specific solutions built on a shared NBFC infrastructure, addressing distinct borrower segments (salaried individuals, green project developers, and growing businesses) with tailored credit processes.

Differentiator

Problem solved

Functional benefit

Brands

• Lendingo: Salary-based advance platform for working professionals providing quick and reliable salary-linked advances with faster approvals and minimal documentation.
• eFinance
• BizLend

Products and services

• Lendingo Mobile-based salary advance platform that enables working professionals to access a portion of their earned salary before payday through digital eligibility checks, quick applications, and automatic salary-linked repayment deductions.
• eFinance Structured sustainable finance platform that deploys institutional capital into revenue-generating green assets including EV fleets, solar rooftops, battery reuse and recycling, and energy-efficient equipment, using AI-driven risk scoring and IoT-enabled continuous portfolio monitoring for institutional investors and sustainable project developers.
• BizLend Lending platform that provides working capital loans, unsecured business financing, expansion funding, and inventory support to small and mid-sized businesses seeking growth capital without the friction of traditional bank lending processes.

Quantifiable outcome

• Over 500 crore INR disbursed across platforms
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Sundaram Finance: Long-standing Indian NBFC with diversified SME, equipment, and commercial vehicle finance; comparable as a legacy, broadly diversified Indian NBFC lending platform.
• Bajaj Finance Limited: India's largest publicly listed NBFC offering consumer, SME, and commercial lending across urban and rural India — overlaps with MegaCorp's Lendingo, BizLend, and eFinance segments but at vastly larger scale.
• IIFL Samasta Finance: Subsidiary of IIFL Finance focused on MSME and small business lending across India; a broader-incumbent NBFC peer serving overlapping customer segments to BizLend.

Emerging players

• KreditBee: India-focused digital lending platform extending personal and salary-advance loans to salaried and self-employed segments; closely mirrors Lendingo's product and customer profile.
• Flexiloans: Indian digital MSME lending marketplace providing working capital, business loans, and expansion financing to small businesses; overlap with BizLend's MSME lending proposition.
• Lendingkart Technologies: Digital-first MSME working capital lender using alternative data for underwriting; directly comparable to MegaCorp's BizLend MSME working-capital product.

Direct peers

• Cholamandalam Investment and Finance Company: Listed Indian NBFC with a diversified vehicle-finance, MSME, and secured business loan book; directly comparable to MegaCorp's BizLend MSME lending and eFinance asset-finance activities.
• EarlySalary / EarlySalary by Poonawalla: Salary-on-demand and short-term cash advance fintech for salaried employees; operates the same target segment as MegaCorp's Lendingo with similar mobile-app based disbursement.
• MAS Financial Services: Mid-sized Indian NBFC focused on MSME, two-wheeler, and commercial vehicle finance with a multi-branch distribution model; comparable in segment focus and listed-NBFC structure to MegaCorp.
• Poonawalla Fincorp (formerly Magma Fincorp): NBFC combining MSME, consumer, and digital lending (including the EarlySalary acquisition), making it a direct comparable to MegaCorp's multi-brand salaried/MSME lending stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mega Corporation