New Delhi: Apnaloan.com India Pvt Ltd, the Mumbai based market place for home loans, personal loans, insurance and credit cards, on June 2 announced the closing of their $ 3.3 million third round (approx Rs 156 million).

The round was co-led by FMO of the Netherlands and existing VC JumpStartUp Venture Fund. Other new investors include ING Vysya Bank and SIDBI Venture Capital. With this round, Apnaloan has raised about US 6 million (approx Rs 280 million) since its inception in February 2000.

Retail finance and insurance products are the fastest growing segments in India today growing at more than 30 %. Apnaloan currently processes over $ 200m worth of retail finance products.

The financing will go towards creating additional sales and services delivery capabilities by including voice, e-mail, SMS and chat-based seamless, cross-channel customer interfaces. In addition, Apnaloan will offer Life and General Insurance products.

Commenting on the financing, Harsh Vardhan Roongta, CEO, Apnaloan, said, "The current inflow of investment reflects the confidence of the investors in Apnaloan's business model.

Apnaloan provides consumers the power of informed choice? A powerful tool that helps the consumer in getting products best suited to his/her specific requirement. Our customers have derived great benefits from our customer centric approach and we will continue to innovate and provide them with the best options for their financial needs."