About Credain
Credain is a Financial Services company based in Mumbai (India) founded in 2022 by Nirav Kanakia. IT suite services are provided by Credain in Mumbai. It operates in the Financial Services and Technology sectors. Credain has raised $218.61 thousand across 1 funding round. The company has 1 employees. Its chief executive, as recorded, is Nirav Kanakia. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity in India is Credain Networks Private Limited (U72900MH2022PTC386556). Its competitors include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed competitors have raised funding.
Company details
Credain was established in 2022 as a provider of IT suite services, based in Mumbai, India. Operations center on delivering integrated IT solutions to support business needs in the technology sector. The company is led by Co-Founder and CEO Nirav Kanakia. Focus remains on serving clients within the Indian market, with services encompassing software development, IT consulting, and related infrastructure support.
- Headquarters Mumbai, India
- Employees 1
- Founders Nirav Kanakia
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website credain.com
- Social LinkedIn
- Legal Name Credain Networks Private Limited
- Date of Incorporation 12 Jul, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Total Equity Funding$218.61K (USD)
in 1 rounds
- Latest Funding Round$218.61K (USD), Seed
Sep 2022
- Employee Count1
Associated legal entities of Credain
Credain operates through Credain Networks Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Credain Networks Private Limited CIN U72900MH2022PTC386556 | Active | 12 Jul 2022 | Mumbai, Maharashtra | 2 | View details |
Funding Insights of Credain
Credain has successfully raised a total of $218.61K through 1 strategic funding round. The most recent funding activity was a Seed round of $218.61 thousand completed in September 2022. 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 $218,605
- Total Rounds 1
- Last Round Seed — $218,605
- First Round $218,605
(Sep 2022)
All 1 funding rounds of Credain 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 |
|---|---|---|---|---|---|
| Sep 2022 | $218,605 | Seed | – | – | – |
Board of directors of Credain Networks Private Limited (Credain)
Credain Networks Private Limited is the primary company behind Credain. The board of Credain Networks Private Limited currently have 2 directors; the longest-serving is Nirav Chandrakant Kanakia, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirav Chandrakant Kanakia DIN 09607722 | Director | 12 Jul 2022 | 4 yrs 3 mo | Credain Networks Private Limited |
| Pooja Suresh Porwal DIN 10410688 | Director | 30 Nov 2023 | 2 yrs 11 mo | Credain Networks Private Limited |
People of Credain
1 people are tracked at Credain (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Credain
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.
Timeline of Credain
2 dated milestones of Credain, from founding to its latest funding, stage changes and deals.
- Founded Credain is founded.
- Funding First funding round of $219K.
Competitors of Credain
Credain has 3 listed competitors in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Credain
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 Credain (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 Credain
Credain was founded in 2022.
Credain is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nirav Kanakia is the CEO of Credain, as recorded in our data. They have also founded this company.
Credain is a funded company, having raised a total of $218.61K across 1 funding round to date. The company's 1st funding round was a Seed of $218.61K, raised on Sep 2022.
Credain has 1 employees.
Credain was established in 2022 as a provider of IT suite services, based in Mumbai, India. Operations center on delivering integrated IT solutions to support business needs in the technology sector. The company is led by Co-Founder and CEO Nirav Kanakia. Focus remains on serving clients within the Indian market, with services encompassing software development, IT consulting, and related infrastructure support.
Credain's top competitors include Happiest Minds, GirnarSOFT and Datamatics.
Credain operates through Credain Networks Private Limited.
The legal entities of Credain currently have 2 directors, including Nirav Chandrakant Kanakia, Pooja Suresh Porwal.