Vaibhav Vyapaar was originally incorporated as ‘Vaibhav Vyapaar Private Limited’ on February 24, 2009. Subsequently, the name of the company was changed from ‘Vaibhav Vyapaar Private Limited’ to ‘Vaibhav Vyapaar Limited’ under the Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the Extra-Ordinary General Meeting held on January 02, 2026 and obtained fresh certificate of incorporation dated June 02, 2026 issued by the Registrar of Companies Central Processing Centre, Manesar.

The company is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). It provides unsecured personal loans to salaried individuals and self-employed individuals through its fully digital lending platform, both on a direct lending and co-lending basis. In parallel, it also generates revenue by offering its application and technology services to other NBFCs. Its operating model enables credit access, particularly first-time borrowers, including lower-income salaried professionals.

The company operates through its mobile application, which support loan origination, due diligence and underwriting process along with documentation, disbursal, and repayment. Its digital infrastructure uses verification and technology-enabled tools that facilitate credit assessment, credit decisioning and risk evaluation. The company offers personal loans under the brand ‘LoanFront’, through Mobile application namely ‘LoanFront- Personal Loan App’ which provides credit facilities to retail customers. Alongside its direct lending portfolio, it also participates in co lending arrangements with other NBFCs, wherein loans are originated, underwriting process along with documentation, and services. Its lending operations are focused on meeting the credit requirements of salaried individuals and self-employed borrowers across urban and semi-urban regions of India.

Business area of the company

The company is engaged in a single line of business, i.e. Non-Banking Financial Company (NBFC) activities, and operates in a single geographical segment. It provides unsecured personal loans to salaried individuals and self-employed individuals via its fully digital lending platform, both on a direct lending and co-lending basis.

History and milestones

• 2010: Receipt of the Certificate of Registration to commence operations as a non-banking financial company, authorizing the company to undertake lending and other permitted financial activities in accordance with applicable laws, dated August 18, 2010.
• 2019: The company was acquired by Capfront Technologies Private Limited through Share Purchase Agreement dated October 24, 2019.
• 2022: A Business/Asset Transfer agreement dated June 01, 2022 was entered between Capfront Technologies Private Limited and Vaibhav Vyapaar Private Limited to sale business on slump sale basis which includes assets, employees, liabilities, intellectual property and any other rights that the seller may have against the third parties with respect to the business as per such agreement.
• 2023: Achieved cumulative loan disbursements of Rs 800 crore.
• 2024: The company entered into a Business Associate Agreement/Service Agreement dated April 1, 2024 with Bhawana Capital Private Limited, pursuant to which Vaibhav Vyapaar Private Limited was appointed as a service provider.
• 2025: The company achieved significant technology adoption milestones, with cumulative app installations crossing 80 lakh in March 2025 and 1 crore in October 2025, reflecting strong growth in customer adoption of its digital lending platform.
• 2025: Achieved cumulative loan disbursements of Rs 1,000 crore.
• 2025: Entered into a Co-Lending Agreement with Usha Financial Services Limited, an RBI-registered non-banking financial company, dated May 03, 2025, under the applicable RBI co-lending framework, to jointly originate and service loan products.
• 2026: Achieved cumulative loan disbursements of Rs 1,500 crore.
• 2026: The company was converted into Public Limited.