Who we are
We build for the lenders Bharat already trusts.
Most of Bharat borrows from someone it knows: a shopkeeper, a jeweller, a neighbourhood lender. They fund those loans from their business, their savings, and other lenders, and they reach people formal credit never does. Our goal is to bridge the credit gap through them, by taking the work out of keeping the book so they can lend to more people.
- July 2021Android app launched
- 5,00,000+Users, mostly in tier 2 and tier 3 cities
- 20 million+Money lenders this book is for
Why we built it
Before it was an app, it was a page in a paper bahi.
The lender a bank can’t replace
A bank rarely reaches the small shop or the household down the lane. The neighbourhood lender does. More than 20 million of them fund credit across India, against a small-business credit gap of about $300 billion.
A book that couldn’t keep up
Every loan lived on paper. Interest was totalled by hand, dues were remembered, and a reminder meant a visit. One missed line could turn into an argument at the counter.
The same khata, now digital
Byaj Book keeps that book on a phone and a computer: balances, interest, reminders, and reports in one place, even when the network drops. Less time on the page, more time lending.
Where the book is kept
Not in the metros first. Most of our users keep their book in tier 2 and tier 3 cities, where the paper bahi is still how credit gets recorded.
- Jaipur
- Indore
- Ahmedabad
- Lucknow
- Patna
- Hyderabad
- Agra
- Delhi
- Nagpur
- Jodhpur
Who keeps it
The shop
Credit at the counter, with what was lent today and what is still due always in view.
The jeweller
Gold and household loans, with interest worked out instead of totalled by hand.
The money lender
Capital from the business, from savings, and from other lenders, tracked in one khata.
The people behind it
Byaj Book is built by Kalantram Tech Solutions Private Limited and backed by 100X.VC. Harsh Rai, Himanshu Shrivastava, and Mukesh Sharma started it with one aim: let the lender’s bahi go wherever the lender goes.
Harsh Rai
Founder & CEO
Himanshu Shrivastava
Founder & CTO
Mukesh Sharma
Founder & CMO