About CredAble
CredAble is a Financial Services company based in Mumbai (India) founded in 2017 by Ram Kewalramani, Rajiv Ramnarayan, and Nirav Choksi. Provider of working capital and supply chain finance solutions for businesses. It operates in the Financial Services and Technology sectors. CredAble has raised $62 million across 11 funding rounds from investors including Axis Bank, SIDBI and SLK Software. The company has 181 employees. CredAble was last valued at $176.32 million in November 2023. Its chief executive, as recorded, is Nirav Choksi. Its website credable.in draws about 11 thousand monthly visits. Its Indian entity Equentia Scf Technologies Private Limited reported revenue of ₹497 Cr. CredAble offers products and services including Enterprise Early Payment Platform, Receivables Financing Platform, Payments & Reconciliation Platform, Trade Platform, and Pre-Invoice Financing Platform. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Procure To Pay. Its competitors include KredX, Vayana and Veefin; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2017 and headquartered in Mumbai, India, CredAble operates in the financial technology sector. Early payment options, receivables financing, and trade financing platforms are offered to support business liquidity. Digital KYC, onboarding, and embedded finance solutions are facilitated, alongside anchor-led and vendor-led supply chain finance programs. Loan management systems, pre-shipment financing, and deep-tier supply chain options are also provided.
- Headquarters Mumbai, India
- Employees 181
- Founders Ram Kewalramani, Rajiv Ramnarayan, Nirav Choksi
- Stage Minicorn
- SectorsFinancial ServicesTechnology
- Website category Finance · Investing
- Email••••••••
- Website credable.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Equentia Scf Technologies Private Limited
- Date of Incorporation 17 Mar, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹497 Cr
FY 2025 · +7% YoY
- Net Loss-₹34.61 Cr
FY 2025 · -7% margin
- EBITDA₹280 Cr
FY 2025 · 56% margin
- Total Equity Funding$62M (USD)
in 11 rounds
- Latest Funding Round$1.99M (USD), Series B
Mar 2025
- InvestorsAxis Bank
& 143 more
- Employee Count181
Associated legal entities of CredAble
CredAble is associated with 2 registered companies on The Company Check; the primary company is Equentia Scf Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Equentia Scf Technologies Private Limited CIN U51100MH2017PTC292572 | Active | 17 Mar 2017 | Mumbai, Maharashtra | ₹497 Cr | 181 | 4 | View details |
| Equentia Financial Service Private Limited CIN U65990MH2017PTC301251 | Active | 30 Oct 2017 | Mumbai, Maharashtra | ₹86.4 Cr | 56 | 5 | View details |
Products & Services of CredAble
CredAble offers a comprehensive portfolio of products and services, including Enterprise Early Payment Platform, Receivables Financing Platform, Payments & Reconciliation Platform, Trade Platform, and Pre-Invoice Financing Platform.
Platform for early payments to manage working capital efficiently
Service for financing receivables to improve business cash flow
Tool for automated B2B payments and reconciliation processes
Platform for B2B marketplace and supply chain financing
Service for financing before invoices to support business operations
Funding Insights of CredAble
CredAble has successfully raised a total of $62M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $1.99 million completed in March 2025. 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 $62M
- Total Rounds 11
- Last Round Series B — $1.99M
- First Round $2.5M
(Sep 2017)
- Investors Count 144
Latest 10 of 11 funding rounds of CredAble 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 |
|---|---|---|---|---|---|
| Mar 2025 | $1.99M | Series B | – | – | |
| Jun 2024 | $3.59M | Debt – Conventional | – | – | |
| Nov 2023 | $10M | Series B | $176.32M | Equentia Natural Resources | – |
| Aug 2022 | $9M | Series B | $147.45M | Axis Bank | |
| Oct 2021 | $30M | Series B | $••••• | OAKS, Arpit Khandelwal | |
| Oct 2021 | Series B | – | – | – | |
| Sep 2020 | $4.5M | Series A | $••••• | OAKS, Protos Engineering | |
| Jul 2018 | Grant | – | – | ||
| Jun 2018 | $10.94M | Debt – Conventional | – | – | |
| Apr 2018 | $4.01M | Series A | $••••• | Alpha Capital |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2023 | $176.32M | •••••••• |
| Aug 2022 | $147.45M | •••••••• |
| Oct 2021 | $••••• | •••••••• |
| Sep 2020 | $••••• | •••••••• |
| Apr 2018 | $••••• | •••••••• |
| Sep 2017 | $••••• | •••••••• |
Full valuation and stage history of CredAble
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
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Last known valuation $176.32M (Nov 2023). 144 investors in total: 44 institutional and 100 angel.
Investors in CredAble
CredAble has secured backing from 144 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Axis Bank, SIDBI and SLK Software.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified asset management services are provided by OAKS. | oaksamc.com | Mumbai, India | ||
Multiple sectors receive investments from the venture capital fund. | ||||
Multiple sectors are targeted for private equity investments. | Mumbai, India | |||
Multiple sectors are invested in by Harvesp Tavan Trust. | Mumbai, India | |||
Multiple sectors are invested in by this private equity firm. | Mumbai, India | |||
Private equity investments are directed across multiple sectors. | plutuswealth.in | Ahmedabad, India | ||
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India | |
Venture funding in technology-intensive businesses within healthcare, education, and India-centric markets. | 2012 | aarincapital.com | Bengaluru, India | |
Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance. | 2010 | ubrcapital.com | Mumbai, India | |
Deep-tech venture capital investments in early-stage companies. | 2016 | piventures.in | Bengaluru, India |
Investor details for CredAble
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Board of directors of Equentia Scf Technologies Private Limited (CredAble)
Equentia Scf Technologies Private Limited is the primary company behind CredAble. The boards of the 2 registered companies of CredAble currently have 5 directors; the longest-serving is Rajiv Ramnarayan, appointed in 2017. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Ramnarayan DIN 02119561 | Director | 30 Oct 2017 | 9 yrs | Equentia Financial Service Private Limited, Equentia Scf Technologies Private Limited |
| Anil Gudibande DIN 03071665 | Director | 04 Nov 2017 | 9 yrs | Equentia Financial Service Private Limited |
| Sandeep Somani DIN 02808056 | Director | 09 Apr 2018 | 8 yrs 7 mo | Equentia Scf Technologies Private Limited |
| Nirav Shaunak Choksi DIN 00906553 | Director | 23 Jun 2020 | 6 yrs 4 mo | Equentia Financial Service Private Limited, Equentia Scf Technologies Private Limited |
| Ram Prakash Kewalramani DIN 00575917 | Director | 23 Jun 2020 | 6 yrs 4 mo | Equentia Financial Service Private Limited, Equentia Scf Technologies Private Limited |
People of CredAble
78 people are tracked at CredAble (27 in leadership, 6 in board & advisors, 45 in team); the tracked headcount is 181.
| Name | Role | Group |
|---|---|---|
| Co-Founder & MD | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Yogesh Patwari | Executive Director – Head Of Enterprise Platforms & Structured Trade Finance | Leadership |
Meet Shah | Vice President - Corporate Strategy & Debt Capital Markets | Leadership |
Ketan Mehta | CFO | Leadership |
Mrityunjay Rohit | Vice President Human Resources | Leadership |
Debashree Lad | Chief People Officer & Head of Corporate Communications | Leadership |
Kapil Kapoor | CTO | Leadership |
Swapnil S. | Senior Vice President | Leadership |
Abhinav Nag | VP Of Engineering At Credable | Leadership |
Janice D'Souza | Vice President - Human Capital | Leadership |
Ashutosh Taparia | Chief Operating Officer & MD - Enterprise & Trade Business | Leadership |
Mahek Dedhia | Vice President Trade | Leadership |
Vinay Jha | Associate Director - Agile Coach | Leadership |
Rohan Jadhav | Relationship Manager - Partner Relations | Leadership |
Devang Jain | Director Product | Leadership |
Gaurav Varshney | Business Unit Head | Leadership |
Yukti Khanna | Senior Vice President | Leadership |
Garima Chauhan | Sr. Vice President (equentia Group) | Leadership |
58 more people are available in the full profile.
Complete people profiles for CredAble
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Financials of CredAble
Figures of Equentia Scf Technologies Private Limited, the primary company behind CredAble, for FY 2025. Revenue was ₹497 Cr (+7% year on year). Net loss was -₹34.61 Cr (-7% margin). EBITDA was ₹280 Cr (56% margin). Revenue has grown at a compounded annual rate of +199% over three years and +75% over five years.
- ₹497 CrRevenue · FY 2025 · +7% YoY
- -₹34.61 CrNet loss · -7% margin
- ₹280 CrEBITDA · 56% margin
- ₹20.4 LakhPaid-up capital
- 181Employees (provident fund records)
- +199%Revenue CAGR, 3 years
- +75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Equentia Scf Technologies Private Limited are on its company page.
Detailed financial statements for CredAble
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of CredAble
4 dated milestones of CredAble across 8 years, from founding to its latest funding, stage changes and deals.
- Founded CredAble is founded.
- Funding First funding round of $2.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $2.0M.
Competitors of CredAble
CredAble has 3 listed competitors in our database, 3 of them funded. They include KredX, Vayana and Veefin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kredx.com | 2015 | Bengaluru, India | $33.03M | 69 | Supply chain finance solutions and automation tools are provided. | |
| vayana.com | 2009 | Pune, India | $91.94M | Platform for trade credit and supply chain finance is provided. | ||
| veefin.com | 2020 | Mumbai, India | $3M | 25 | SaaS-based supply chain financing solutions are delivered globally. |
Detailed competitors of CredAble
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Verified entity values are shown only after access is granted.
Web traffic of CredAble
The website of CredAble (credable.in) receives about 11.2K visits a month and ranks #1,231,329 among all websites worldwide, #10,557 in Investing.
- Monthly visits11.2K
▼ 49.7% vs previous month
- Unique visitors8.5K
per month
- Global rank#1,231,329
among all websites
- Category rank#10,557
Finance · Investing
- Bounce rate47%
- Pages per visit1.8
- Average visit1 min 20 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with CredAble. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| finezza.in | 100% | 4.7K | #4,186,120 | View details | |
| m2pfintech.com | 96% | 1.8M | #31,949 | View details | |
| ecaplabs.com | 85% | 20.9K | #1,110,961 | View details | |
| finbox.in | 80% | 675.1K | #59,936 | View details | |
| choiceconnect.in | 80% | 127.1K | #275,434 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 30 similar websites and full traffic analytics for CredAble
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Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as CredAble (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Credable
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Frequently Asked Questions about CredAble
CredAble was founded in 2017.
CredAble is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nirav Choksi is the CEO of CredAble, as recorded in our data. They have also founded this company.
CredAble is a funded company, having raised a total of $62M across 11 funding rounds to date. The company's 1st funding round was a Series A of $4.01M, raised on Sep 2017.
CredAble has 181 employees.
The primary company behind CredAble, Equentia Scf Technologies Private Limited, reported revenue of ₹497 Cr for FY 2025, up 7% year on year.
Founded in 2017 and headquartered in Mumbai, India, CredAble operates in the financial technology sector. Early payment options, receivables financing, and trade financing platforms are offered to support business liquidity. Digital KYC, onboarding, and embedded finance solutions are facilitated, alongside anchor-led and vendor-led supply chain finance programs. Loan management systems, pre-shipment financing, and deep-tier supply chain options are also provided.
CredAble offers Enterprise Early Payment Platform, Receivables Financing Platform, Payments & Reconciliation Platform, Trade Platform, and Pre-Invoice Financing Platform.
CredAble has 144 investors. Key investors include Axis Bank, SIDBI, SLK Software, RSH Global, and Alpha Capital.
The valuation of CredAble is $176.32M as of Nov 2023.
CredAble is associated with 2 legal entities: Equentia Scf Technologies Private Limited, Equentia Financial Service Private Limited.