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Capex up 2X, Opex up 3X, Topline up 4X

Banking Frontiers

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September 2022

Raj Khosla is expecting usage on digital platforms of MyMoneyMantra to further double up in the current year | MyMoneyMantra will soon be launching a B2B2C app which will transform the way business is generated:

- Raj Khosla

Capex up 2X, Opex up 3X, Topline up 4X

MyMoneyMantra.com is India’s leading FinServe marketplace. It is a one-stop destination to search for the competitive home loans, personal loans and credit cards in India. Raj Khosla, a Chartered Accountant, worked overseas with KPMG for 2 years and practiced professionally in Delhi for a decade before founding MyMoneyMantra (MMM) in 1989. His visionary and pioneering effort helped set the tone for a flourishing distribution.

DIGITAL EDGE IN COMPETITION

MyMoneyMantra’s digital strategy focuses on leveraging technology to magnify the business and its performance. The strategy which was laid out earlier, is now helping MMM realize its goals. Technology has enabled the company to serve customers in every nook and corner of the country. Raj Khosla, Founder and MD, MyMoneyMantra.com, claims: “The digital approach has helped us gain a substantial edge over competitors. Technology has played a crucial role, which has changed our business processes and has helped in several innovations, which were earlier not possible. We are moving towards a consolidation of digital strategies, digital transformations and business strategies.” 

API, MOBILE FIRST, TECH STACK

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