About Cradle
Cradle is a company based in Bengaluru (India) founded in 2019 by Siddhartha Gorantla and Gaurav Mishra. It operates as a FinTech. Cradle has raised $398.36 thousand across 2 funding rounds from investors including Instacollect Technologies and Y Combinator. The company has 1 employees as of March 28, 2024. Cradle offers products and services including Cradle Payment Collection and Purchase Credit. Cradle operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 28 Mar, 2024
- Founders Siddhartha Gorantla, Gaurav Mishra
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Sectors
Financial Services
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Phone
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Website
Locked
- Legal Name Instacollect Technologies Private Limited
- Date of Incorporation 30 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$10.19 K (USD)191.17as on Mar 31, 2022
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Net Profit
-$11.75 K (USD)-9.94as on Mar 31, 2022
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EBITDA
-$24.52 K (USD)-706.59as on Mar 31, 2022
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Total Equity Funding
$398.36 K (USD)
in 2 rounds
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Latest Funding Round
$273.36 K (USD), Seed
Nov 16, 2020
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Investors
Instacollect Technologies
& 1 more
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Employee Count
1
as on Mar 28, 2024
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Products & Services of Cradle
Cradle offers a comprehensive portfolio of products and services, including Cradle Payment Collection and Purchase Credit.
Online payments are collected without interchange fees efficiently.
Purchase credit is offered to business buyers affordably.
Funding Insights of Cradle
Cradle has successfully raised a total of $398.36K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $273.36 thousand completed in November 2020. 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.
Investors in Cradle
Cradle has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Instacollect Technologies and Y Combinator.
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Early-stage startups are accelerated via funding and educational programs.
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Software development services are provided for technology needs.
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Investor details for Cradle
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Investments & Acquisitions by Cradle
Investment portfolio details for Cradle
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Financial Statements - Cradle
Detailed financials for Cradle
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Cradle Comparisons
Peer comparison for Cradle
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Competitors of Cradle
Cradle 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing and card issuance solutions are provided for businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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Online payment processing and credit solutions are provided for businesses.
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Digital payments and engagement solutions are offered for MSMEs.
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Digital payments are processed and managed via specialized solutions.
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Detailed competitors of Cradle
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Latest news on Cradle
Complete news archive for Cradle
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Frequently Asked Questions about Cradle
Cradle was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Cradle is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Cradle is a funded company, having raised a total of $398.36K across 2 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Cradle is 1.
Annual revenue of Cradle is $10.19K as on Mar 31, 2022.
Cradle is focused on providing cost-effective solutions for online payment collection without interchange fees. Business buyers are supported through purchase credit offerings. The company operates within the financial services sector, targeting efficient and affordable payment processing solutions for businesses.
Cradle offers Cradle Payment Collection and Purchase Credit.
Cradle has 2 investors. Key investors include Instacollect Technologies, and Y Combinator.
The valuation of Cradle is $812K as of Nov 2020.