About CredAble
CredAble is a company based in Mumbai (India) founded in 2017 by Ram Kewalramani, Rajiv Ramnarayan, and Nirav Choksi. CredAble has raised $62 million across 11 funding rounds from investors including Axis Bank, SIDBI and SLK Software. The company has 181 employees as of April 07, 2024. CredAble offers products and services including Enterprise Early Payment Platform, Receivables Financing Platform, Payments & Reconciliation Platform, Trade Platform, and Pre-Invoice Financing Platform. CredAble operates in a competitive market with competitors including KredX, Vayana, Veefin, Cashflo and Shengye Capital, among others.
- Headquarter Mumbai, India
- Employees 181 as on 07 Apr, 2024
- Founders Ram Kewalramani, Rajiv Ramnarayan, Nirav Choksi
- Stage Minicorn
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Equentia Scf Technologies Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.85 M (USD)183.63as on Mar 31, 2023
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Net Profit
-$2.69 M (USD)-237.91as on Mar 31, 2023
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EBITDA
-$3.36 M (USD)-241.55as on Mar 31, 2023
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Total Equity Funding
$62 M (USD)
in 11 rounds
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Latest Funding Round
$1.99 M (USD), Series B
Mar 27, 2025
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Investors
Axis Bank
& 143 more
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Employee Count
181
as on Apr 07, 2024
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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
People of CredAble
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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.
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.
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Multiple sectors receive investments from the venture capital fund.
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Multiple sectors are targeted for private equity investments.
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Investor details for CredAble
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Investments & Acquisitions by CredAble
Investment portfolio details for CredAble
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Financial Statements - CredAble
Detailed financials for CredAble
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Credable Comparisons
Peer comparison for CredAble
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Competitors of CredAble
CredAble 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 KredX, Vayana, Veefin, Cashflo and Shengye Capital, among others.
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Supply chain finance solutions and automation tools are provided.
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Platform for trade credit and supply chain finance is provided.
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SaaS-based supply chain financing solutions are delivered globally.
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Provider of accounts payable automation, payment, compliance, and vendor management software
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Supply chain financing is facilitated through an online marketplace platform.
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Detailed competitors of CredAble
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Latest news on Credable
Complete news archive for 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 current CEO of CredAble. They have also founded this company.
CredAble is a funded company, having raised a total of $62M across 11 funding rounds to date.
As of Apr 07, 2024, the latest employee count at CredAble is 181.
Annual revenue of CredAble is $2.85M as on Mar 31, 2023.
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.