About Cradle
Cradle is a Financial Services company based in Bengaluru (India) founded in 2019 by Siddhartha Gorantla and Gaurav Mishra. Online payments are collected by Cradle without interchange fees. It operates on a FinTech model. Cradle has raised $398.36 thousand across 2 funding rounds from investors including Instacollect Technologies and Y Combinator. The company has 1 employees. Cradle was last valued at $812 thousand in November 2020. Its Indian entity Instacollect Technologies Private Limited reported revenue of ₹7.5 Lakh. Cradle offers products and services including Cradle Payment Collection and Purchase Credit. Its focus areas include Financials and Payment Processing. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 1
- Founders Siddhartha Gorantla, Gaurav Mishra
- SectorsFinancial Services
- Website cradlefinance.com
- Legal Name Instacollect Technologies Private Limited
- Date of Incorporation 30 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹7.5 Lakh
FY 2025 · -59% YoY
- Net Loss-₹18.6 Lakh
FY 2025 · -248% margin
- EBITDA-₹19.6 Lakh
FY 2025 · -262% margin
- Total Equity Funding$398.36K (USD)
in 2 rounds
- Latest Funding Round$273.36K (USD), Seed
Nov 2020
- InvestorsInstacollect Technologies
& 1 more
- Employee Count1
Associated legal entities of Cradle
Cradle operates through Instacollect Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Instacollect Technologies Private Limited CIN U72900KA2020PTC136663 | Active | 30 Jul 2020 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
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.
- Total Funding $398,356
- Total Rounds 2
- Last Round Seed — $273,356
- First Round $125,000
(Jun 2020)
- Investors Count 2
All 2 funding rounds of Cradle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $273,356 | Seed | $812,004 | Instacollect Technologies | – |
| Jun 2020 | $125,000 | Seed | – | Y Combinator | – |
Last known valuation $812,004 (Nov 2020). 2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Software development services are provided for technology needs. | instacollect.tcc.mode | Bengaluru, India |
Investor details for Cradle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Instacollect Technologies Private Limited (Cradle)
Instacollect Technologies Private Limited is the primary company behind Cradle. The board of Instacollect Technologies Private Limited currently have 2 directors; the longest-serving is Gaurav Mishra, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Mishra DIN 08731987 | Director | 18 Aug 2020 | 6 yrs 2 mo | Instacollect Technologies Private Limited |
| Siddhartha Srinivas Gorantla DIN 08731986 | Director | 18 Aug 2020 | 6 yrs 2 mo | Instacollect Technologies Private Limited |
People of Cradle
2 people are tracked at Cradle (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for Cradle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cradle
Figures of Instacollect Technologies Private Limited, the primary company behind Cradle, for FY 2025. Revenue was ₹7.5 Lakh (-59% year on year). Net loss was -₹18.6 Lakh (-248% margin). EBITDA was -₹19.6 Lakh (-262% margin). Revenue has grown at a compounded annual rate of -4% over three years.
- ₹7.5 LakhRevenue · FY 2025 · -59% YoY
- -₹18.6 LakhNet loss · -248% margin
- -₹19.6 LakhEBITDA · -262% margin
- ₹1.5 LakhPaid-up capital
- -4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Instacollect Technologies Private Limited are on its company page.
Detailed financial statements for Cradle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cradle
3 dated milestones of Cradle across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Cradle is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $273K.
Competitors of Cradle
Cradle has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed competitors of Cradle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Cradle (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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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. The company's 1st funding round was a Seed of $125K, raised on Jun 2020.
Cradle has 1 employees.
The primary company behind Cradle, Instacollect Technologies Private Limited, reported revenue of ₹7.5 Lakh for FY 2025, down 59% year on year.
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.
Cradle operates through Instacollect Technologies Private Limited.
The legal entities of Cradle currently have 2 directors, including Gaurav Mishra, Siddhartha Srinivas Gorantla.