Exhibit 21.1

List of Subsidiaries of the Registrant

Name	Subsidiaries		Place of Incorporation
Hexindai Hong Kong Limited	100	%	Hong Kong
Beijing Hexin Yongheng Technology Development Co., Ltd	100	%	People’s Republic of China
Hexin E-Commerce Co., Ltd	VIE		People’s Republic of China
Xizang Qinhe E-Commerce Technology Co. Ltd	Subsidiary of VIE		People’s Republic of China

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