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A group of Indian origin Silicon Valley hotshots have joined the board of the financial technology firm <keyword id="2689416" type="UNKNOWN" weightage="100" keywordseo="Deal4loans">Deal4Loans</keyword>, which provides loans through its online portal. 
 Among others, the group includes <keyword id="508899" type="PERSON" weightage="100" keywordseo="Ram-Shriram">Ram Shriram</keyword>, founding board member and one of the first investors in Google, <keyword id="468884" type="UNKNOWN" weightage="100" keywordseo="Neeraj-Arora">Neeraj Arora</keyword>, the business head of Whatsapp and <keyword id="3322410" type="UNKNOWN" weightage="100" keywordseo="Puru-Vashishtha">Puru Vashishtha</keyword>, who had invested on Wall Street hedge funds. All three of them have also invested unknown amounts in the company. 
 Deal4Loans, founded by <keyword id="2034824" type="UNKNOWN" weightage="100" keywordseo="Rishi-Mehra">Rishi Mehra</keyword> in 2009, claims that it is the first of its kind when it comes to online loan comparison and booking. Mehra told ET told that it has seen a "hockey stick growth" in the last three years, having already booked Rs 10,000 crore in loans through its customer base of 7 million. 
 
"Its deep technology edge and algorithms attracted me to invest in the company. Digitisation of banks is a reality that Indian banks will have to adapt to," Shriram told ET via mail. 
 
He also added that digitisation would require banks to have a technology partner, something which Deal4loans is capable of being.

Indian-origin leaders from Silicon Valley have invested undisclosed amounts in Deal4Loans

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Indian-origin leaders from Silicon Valley have invested undisclosed amounts in Deal4Loans

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