About ClearMyDues
ClearMyDues is a company based in Delhi (India) founded in 2014 by Madanagopal Srinivasan.. ClearMyDues has raised $878.33 thousand across 4 funding rounds from investors including Italica, 1Crowd and United Capital PLC Group. The company has 447 employees as of May 31, 2025. ClearMyDues operates in a competitive market with competitors including Credit Sesame, Dovly, Bloom Credit, Stratyfy and Pave, among others.
- Headquarter Delhi, India
- Employees 447 as on 31 May, 2025
- Founders Madanagopal Srinivasan
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Creditas Solution Private Limited
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Annual Revenue
$4.26 M (USD)17as on Mar 31, 2024
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Net Profit
$-633.54 K (USD)42as on Mar 31, 2024
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EBITDA
$-107.21 K (USD)88as on Mar 31, 2024
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Total Equity Funding
$878.33 K (USD)
in 4 rounds
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Latest Funding Round
$69.4 K (USD), Angel Round
Jan 20, 2018
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Investors
Italica
& 50 more
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Employee Count
447
as on May 31, 2025
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Funding Insights of ClearMyDues
ClearMyDues has successfully raised a total of $878.33K across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $69.4 thousand completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Angel Round — $69,395
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First Round
First Round
(12 Mar 2016)
- Investors Count 51
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Angel Round - ClearMyDues | Valuation | Neeraj Dhawan | |
| Jun, 2017 | Amount | Seed - ClearMyDues | Valuation | Infina Finance | |
| Sep, 2016 | Amount | Seed - ClearMyDues | Valuation | Anirudh Malpani |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ClearMyDues
ClearMyDues has secured backing from 51 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Italica, 1Crowd and United Capital PLC Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Financial services involving loans against assets and corporate financing in India.
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Founded Year | Domain | Location | |
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Early-stage venture capital investment firm
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ClearMyDues
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ClearMyDues
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clearmydues Comparisons
Competitors of ClearMyDues
ClearMyDues operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Credit Sesame, Dovly, Bloom Credit, Stratyfy and Pave, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personal finance management and price comparison of financial products
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| domain | founded_year | HQ Location |
Credit reports are pulled automatically, disputes sent, and changes monitored.
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| domain | founded_year | HQ Location |
Tools for credit repair and score management are provided.
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| domain | founded_year | HQ Location |
Machine learning solutions for credit and risk decisions are provided.
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| domain | founded_year | HQ Location |
Pave is focused on helping users build credit scores.
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| domain | founded_year | HQ Location |
Fintech platform for credit repair and financial literacy is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ClearMyDues
When was ClearMyDues founded?
ClearMyDues was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is ClearMyDues located?
ClearMyDues is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is ClearMyDues a funded company?
ClearMyDues is a funded company, having raised a total of $878.33K across 4 funding rounds to date. The company's 1st funding round was a Seed of $236.29K, raised on Mar 12, 2016.
How many employees does ClearMyDues have?
As of May 31, 2025, the latest employee count at ClearMyDues is 447.
What is the annual revenue of ClearMyDues?
Annual revenue of ClearMyDues is $4.26M as on Mar 31, 2024.
What does ClearMyDues do?
Web platform that enables customers to directly make settlement offers to their creditors. It provides basic details for the card or loan they want to close and get deals from creditors through the platform. The online portal aids users to pay the dues with the company helping with the paperwork and bureau record updates. ClearMyDues gets the account verified from the creditor and provides the user with updated account details, including balances. Founded by IIT Delhi, IIM Ahmedabad alumni.
Who are the top competitors of ClearMyDues?
ClearMyDues's top competitors include Credit Sesame, Bloom Credit and Bonify.
Who are ClearMyDues's investors?
ClearMyDues has 51 investors. Key investors include Italica, 1Crowd, United Capital PLC Group, Infina Finance, and Neeraj Dhawan.
What is ClearMyDues's valuation?
The valuation of ClearMyDues is $2.82M as of Jan 2018.