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![AI, ML pivotal in streamlining lending process: LenDenClub cofounder Dipesh Karki](https://img.etimg.com/thumb/msid-106752923,width-100,height-75,resizemode-4/tech/startups/ai-ml-pivotal-in-streamlining-lending-process-lendenclub-cofounder-dipesh-karki.jpg)
AI, ML pivotal in streamlining lending process: LenDenClub cofounder Dipesh Karki
Put simply, P2P lending, or social-lending, leverages financial technology to allow people to lend or borrow money from one another without going to banks or financial institutions. LenDenClub connects lenders and borrowers.
![LenDenClub raises $10 million in funding round](https://img.etimg.com/thumb/msid-88143921,width-100,height-75,resizemode-4/tech/funding/lendenclub-raises-10-million-in-funding-round.jpg)
LenDenClub raises $10 million in funding round
The series A round also saw participation from Kunal Shah (Cred founder), Alok Bansal (Policybazaar co-founder), Ramakant Sharma (Livspace co-founder), Hardik Pandya (cricketer) and Krishna Bhupal (Promaxo co-founder), the company said in a statement.
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