India, June 24 -- Inside Per Annum's High Returns Illusion

Lendbox parent Transactree's investment platform, Per Annum, is under scrutiny. Despite RBI tightening P2P lending rules in 2024, investors claim the platform is once again pairing high-return pitches with limited risk talk. Is this the old P2P playbook in a new wrapper?

The High-Return Pitch: Per Annum's sales narrative appears to be built around promises of attractive yields. Investors and prospective customers told Inc42 that representatives promoted P2P products, offering up to 14-15% returns, and fractional real estate opportunities that could fetch 30-40% gains. Sales personnel even assured prospects that borrower spreads could soften losses.

This explicitly violates the ...